A stock throughput (STP) policy is a type of marine cargo insurance solution that covers goods throughout all stages of production and processing in the supply chain. Whether your business has assets that are actively in transit or awaiting next steps in a warehouse or distribution center, an STP ensures they are insured at all times. By unifying multiple policies—such as inland transit, marine cargo and warehousing—under one global policy, an STP reduces coverage gaps and vulnerabilities as your goods make their journey to their final destination, anywhere in the world. Stock throughput coverage is designed to protect your property against a myriad of risks that can result in destruction or loss, including:

• Fire
• Flooding
• Vandalism/theft
• Natural disasters
• Accidental mishandling during loading, unloading or transit
• Sinking, grounding or capsizing of the cargo vessel

An STP goes beyond marine transit coverage and storage to also insure against risks that occur during inland transit. For example, if your goods have to be moved by trucks, trains or other land-based transport within the same country or across borders, an STP would cover the full range of risks along this journey. This makes a stock throughput a flexible, efficient solution that streamlines the supply chain and simplifies your risk management approach.

An STP is an invaluable cargo policy for businesses responsible for importing, manufacturing, distributing or exporting goods on a global scale. There are a variety of benefits to investing in a stock throughput, including:

• Flexible Coverage: An STP can be tailored to your exact supply chain, extending coverage to new distribution centers, shifting transit routes or storage location changes without needing to adjust multiple policies. As the risk management landscape evolves, your STP will evolve to align with your supply chain needs, ensuring you’re always prepared for the unexpected. Additionally, an STP provides seamless coverage across different transportation modes, whether your goods are moving by sea, roads or railways. This flexibility reduces risk exposure while securing your business with continuous, relevant coverage.
• Cost Efficiency: Rather than investing in multiple insurance solutions to cover the journey of your goods, an STP combines coverages under a single policy, often resulting in lower premiums.
• Enhanced Risk Management: A stock throughput gives businesses in the cargo industry more control over inventory risks throughout the supply chain, making it easier to develop targeted loss prevention strategies and maximize financial security.
• Customizable Policy Forms: Alliant has its own manuscript policy forms and implements broad policy wording to ensure extensive coverage and any necessary endorsements. Your STP will therefore accurately reflect the complexity of your supply chain and address all unique exposures.

With an STP, you’ll have a financial safety net to mitigate losses and secure holistic protection throughout every point of the supply chain.

An STP insures all goods and inventory in transit and in storage at various locations throughout the supply chain, extending coverage to the following:

Goods

• Raw materials
• Materials in processing and production
• Finished goods
• Packaging Materials

Locations

• Manufacturing facilities
• Warehouses
• Distribution centers
• Owned and non-owned storage sites

Mode of Transit

• All modes of transport across land, sea and air

By insuring against a wide range of risks—from theft to natural disasters—a global stock throughput policy earns your business more control over supply chain risk management.

Separate policies for transit, storage and distribution can lead to increased administrative costs and higher premiums. Since distinct coverages often overlap, businesses could end up paying double to insure the same risk during the same transition points in the supply chain. An STP unifies marine cargo coverages under a single global policy, creating streamlined, end-to-end protection throughout the entire supply chain so your goods are covered at every stage.

A cargo stock throughput policy will typically exclude the following:

• Intentional damage or fraud, such as employee theft or mishandling by the insured owner.
• Loss or damage attributed to war or terrorism.
• Natural wear and tear to products in the supply chain over time.

When you ship products domestically and internationally, your goods are exposed to a variety of unique risks, making your supply chain different from any other. As a result, a one size fits all approach to insurance will not fit. You need a tailored cargo stock throughput that is designed to meet your specific risk characteristics and cargo operations.

At Alliant, our dedicated team works with you to create a customized plan that closes coverage gaps and insures your products’ entire journey from production to final delivery. We continuously innovate and implement strategies to strengthen your risk management plan, streamline your supply chain and improve profitability.

Alliant brings decades of industry expertise and a network of A-rated insurers to the table, earning you access to the most effective cargo insurance policies. As the cargo landscape evolves, we proactively identify ways to adapt your cargo stock throughput insurance and enhance your resilience, giving you a competitive edge.