What is the current revenue of the logistics insurance market?

As of 2027 the market size of logistics insurance is valued at USD 63.77 billion.

What is the forecasted size of the logistics insurance industry?

Logistics Insurance Market size was more than USD 62.37 billion in 2026 and is set to grow at a 2.66% CAGR between 2027 and 2036, surpassing USD 81.09 billion by 2036.

How is the expansion of global trade and rising logistics complexity influencing insurance demand across the logistics insurance market?

Expanding trade routes and more complex supply chains are increasing exposure to transit, theft, and jurisdiction-specific risks. Shippers respond with broader coverage adoption and stronger reliance on insurers with regional underwriting and claims expertise.

How are AI-driven underwriting and embedded digital freight platforms reshaping distribution and pricing in the logistics insurance market?

AI-based underwriting improves pricing accuracy using shipment-level data, enabling faster decisions and risk-aligned premiums. Embedded insurance within digital freight platforms increases uptake by making coverage a default step in booking workflows.

Why do enterprises dominate the logistics insurance market?

Enterprises held a 75.84% market share in 2026 due to frequent commercial shipments, higher cargo values, and recurring supply chain risks that make logistics insurance a routine operational necessity.

Why is freight forwarder liability insurance the fastest-growing coverage type?

Freight Forwarder Liability Insurance is growing fastest as logistics operations become more complex, increasing demand for protection against documentation errors, coordination failures, and service-related liabilities.

What makes Europe the leading region in the logistics insurance market?

Europe captured a 34.98% market share in 2026, supported by extensive cross-border trade, mature logistics infrastructure, established insurance networks, and consistent demand for specialized cargo and liability coverage.

How is Asia Pacific driving growth in the logistics insurance market?

Asia Pacific is expected to grow at a 3.19% CAGR as expanding trade, manufacturing activity, and organized logistics services increase demand for cargo, warehousing, and multimodal shipment insurance.

Which companies are driving growth in the logistics insurance landscape?

Leading companies in the logistics insurance market include Allianz SE (Germany), American International Group, Inc. (United States), AXA S.A. (France), Marsh & McLennan Companies, Inc. (United States), Chubb Limited (Switzerland), Zurich Insurance Group Ltd. (Switzerland), Arch Capital Group Ltd. (Bermuda), Thomas Miller Group Limited (United Kingdom).