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GT Insurance: Navigating Trade Challenges with Flexible Marine Insurance Solutions
Adapting to Global Trade Dynamics for Australian Marine Clients
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The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.
In response to recent shifts in global trade dynamics, GT Insurance is reaffirming its commitment to supporting Australian marine clients navigating these challenges.
The imposition of US tariffs-25% on Australian steel and aluminium, and 10% on other exported goods-has introduced new uncertainties for local exporters, particularly in sectors like beef and bulk freight.
These tariffs, effective from April 5, 2025, have prompted concerns about declining export volumes and reduced freight margins.
GT Insurance, a specialist underwriting agency with over 25 years of experience in heavy motor, marine, and machinery insurance, is proactively working with brokers to reassess policy terms, limits, and structures to better match clients' real-time operating conditions. The agency's approach is to provide flexible insurance solutions that adapt to the evolving needs of marine clients, ensuring they remain protected amid market volatility.
For Australian businesses involved in marine activities, GT Insurance's commitment to flexibility and partnership offers a reliable avenue for securing insurance coverage that aligns with their specific needs. The agency's focus on understanding the challenges faced by marine clients and providing tailored solutions underscores its dedication to supporting the sustainability and growth of Australia's marine industry.
Published:Sunday, 21st Dec 2025 Source: Paige Estritori
Please Note: If this information affects you, seek advice from a licensed professional.
Australia's marine insurance landscape has welcomed a significant new player with the launch of Marinex Underwriting. This specialised marine underwriting agency aims to address the complex insurance needs of the Australian marine sector, offering tailored solutions backed by global specialty insurance distributor Amwins. - read more
In response to recent shifts in global trade dynamics, GT Insurance is reaffirming its commitment to supporting Australian marine clients navigating these challenges. The imposition of US tariffs-25% on Australian steel and aluminium, and 10% on other exported goods-has introduced new uncertainties for local exporters, particularly in sectors like beef and bulk freight. These tariffs, effective from April 5, 2025, have prompted concerns about declining export volumes and reduced freight margins. - read more
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