SERVICES

Reksons is a full line insurance agency specializing in ocean marine cargo that also offers all lines of property and casualty insurance.

OCEAN MARINE CARGO

Coverage follows your financial interest from the beginning of the supply chain until delivery according to your sales contract. Terms are on a broad “all risk” basis, giving you and your financial partners peace of mind. In recognition of the paramount importance of your collateral, we issue traditional bank loss payee endorsements. Additionally, hand-crafted clauses are tailored from experience and around the specific needs of the shippers and their unique trade rules.

COFFEE

Drying cherry coffee in open-air patios in Central American beneficios, cupping in the mountains of Vietnam, transitioning huge quantities of parchment in Brazil to port consolidation warehouses for loading bulk vessels- we’ve collaborated with producers and suppliers the world over.

With decades of experience working with global exporters to avoid condensation problems, assisting with consignment warehouses and roasters dealing with stained bags, or sitting in logistic committees crafting recommendations in Manhattan, our knowledge of insuring coffee throughout the supply chain is extensive.

Cotton

Each origin poses unique challenges. Whether the seemingly never-ending high plains of west Texas, the valleys of Australia, the vast Cerrado of Brazil, the deserts of west Africa, or the rugged expanse of Uzbekistan, knowing the ins and outs of cotton is what we do.

The difference between upland and ELS, block vs row storage, spontaneous combustion or not, country damage and contamination, as well as the customs of each country are all key to crafting lasting solutions for efficient storage and movement from the field to the mill.

Cocoa

The cocoa supply chain can be intricate with numerous challenges arising from the equatorial growing regions to the chocolate processing facilities.

Based off our extensive experience with the perils that plague cocoa and its by-products, we have curated special Best Management Practices for the commodity while in transit and in store.  Whether it be container stuffing protocols at origin or outturn inspections at destination, we can help mitigate and control risks such as condensation, mold, and melting.

Nuts & Legumes

 

Shipping nuts and legumes poses its own set of risks- whether almonds, peanuts, or soy beans, nuts and legumes are especially prone to condensation damage in containers. Our comprehensive understanding of these commodities’ inherent vices allows us to aid our clients in both claim prevention and settlement.

GENERAL CARGO

Our far-ranging experience means we can anticipate the risks of transporting and storing a wide variety of commodities. Anything from ball bearings, to live animals, to plastic resin pellets- you name it, we can help. As active industry advocates, we strive to not only support our clients, but use a combination of knowledge and creative problem solving to help mitigate losses for any commodity before they occur.

OTHER SERVICES

Complementing enterprise risk management could be the need to retain more risk. An attractive resource is a captive solution. Rekerdres & Sons has specific tools and expertise to assist in creating and administrating your unique captive program. In fact, Rekerdres & Sons built a patented online system, Captive Minder, to easily present dynamic, real-time data that reflects the health and profitability of your captive.

In addition to marine cargo insurance, Reksons also provides one-source service for property and casualty lines for the exposures of your business that compliment your vital role in the supply chain. We handle these lines with the same diligence and attention to details that we devote to your cargo needs.

In addition to marine cargo insurance, Reksons also provides one-source service for property and casualty lines for the exposures of your business that compliment your vital role in the supply chain. We handle these lines with the same diligence and attention to details that we devote to your cargo needs.

COMMERCIAL GENERAL LIABILITY

Providing 3rd party liability coverage for bodily injury or property damage.

 

DIRECTOR'S & OFFICERS

Financial protection for directors and officers of a company against legal claims made against them for alleged wrongful acts in their roles.

Cyber

Covers liabilities created by cyber attacks from ransomware to social engineering to compromise your sensitive data and network.

Commercial Auto

Protects your company from auto liabilities created by company automobiles or vicarious liability when using automobiles in the course of your work.

Employment Practices

Helps to protect the company against a myriad of today’s employment related claims such as harassment, discrimination, wrongful-termination.

Crime

Provides coverage for your company against acts of theft and fraud including employee dishonesty.

PRODUCT RECALL

Gives coverage for the costs associated with recalling a product due to a defect or contamination.

Property Insurance

Looks to provide first party coverage to your fixed assets and commercial property, including business interruption and extra expenses.

ERRORS AND OMISSIONS

Financial protection for individuals and companies against claims made by clients or customers for negligent acts or mistakes.

Commercial Umbrella

Extends the limits and/or aggregates for various lines of coverage and legal defense of claims.

Kidnapping & Extortion

Designed to protect and assist your company and its employees from extortion, kidnapping, and ransom, both at home and abroad.

Business Travel Accident

Protects business travelers from unexpected travel related medical expenses or emergency care or repatriation.

Fiduciary

Protects both a company and its fiduciaries from claims of a breach in fiduciary duty.