Protecting your physical commodities against natural and man-made risks is a complex yet crucial part of transactions for trading counterparties and financiers. At B Smart, our Commodity Smart solution has been developed to assist you wherever your business takes you. Our specialists will guide you through the risk mitigation process, constantly challenging the status quo to create customized insurance solutions that protect every aspect of your business’s risks, both now and in the future.
ENERGY
METALS
AGRICULTURE
SOFT COMMODITIES
FOOD & BEVERAGE
Commodity Smart offers coverage limits of up to USD 75 million for both transit and storage risks, backed by leading insurers with deep expertise in the physical commodity sector. They provide comprehensive policies customized to meet your unique requirements.
Safeguard your commodities with our over 60 years’ worth of event data that drives our smart risk modeling. Our total scope view provides comprehensive insights into the environmental and catastrophic risks that your static assets may encounter. Using real time, real world data, we provide all clients an in-depth analysis that arms business leaders with an enhanced understanding of their individual risk profiles and insurance requirements. No matter the calamity, be it earthquakes, flooding, straight-line windstorms, hail, tornadoes, or winter storms, Commodity Smart has you covered.
Key Service Features
Cargo cover for international contingency risks or domestic transits, including war, strikes, riots, and civil commotion
Local insurance policies as and where required in order to comply with local insurance regulations
Misappropriation coverage for inventories held at third party storage facilities
Commodity Specific Risk Consultancy
Our expert support and guidance will help you navigate the complex world of commodity supply chains by providing access to:
Efficient Claims Processing
In the fast-moving world of digital assets, delays can be costly. That’s why our claims process is designed to be efficient, transparent, and responsive.
Innovative Products
B Smart provides innovative new insurance products that include lines that have been unavailable in Canada until now creating new revenue potential for existing books of business.
Brokers Only
B Smart never sells any insurance products direct to consumers without expert licensed broker participation.
Simplified Technology
B Smart is tech-focused to support broker efficiency and work with all major platforms to accommodate any brokerage’s specific workflows to simplify broker processes.
Protect your business with broad coverage for diverse trades and specialized sectors like life sciencesss and environmental risks with $5 million limits.
Help clients simplify their commodity storage and shipping insurance costs with a single solution that covers all aspects of the commodity’s journey.
A comprehensive suite of aviation coverages designed to protect aircraft, crew, operations, and manufacturers across all tiers of the industry.
Specialized marine insurance designed for high-value yachts, delivering tailored global protection to ensure confidence on the water.
Tailored coverage, regulatory liability support, and expert protection, helping businesses respond with confidence when environmental risks arise.
Specialized insurance developed to secure physical commodities whenever they are in motion.
Tailored coverages for the cryptocurrency and blockchain industry, providing comprehensive protection against unique risks like theft and smart contract failure.
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Provide your property owner/manager clients greatly enhanced damage coverage, a new source of revenue, while greatly streamlining admin processes..
Manage international risks for Canadian-domiciled activities and exports with $5 million limits and available $50 million open market placement options.
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