Marine, aviation, and other transport insurance services
CPC v2.1 Code: 71332
About marine, aviation, and other transport insurance services
cpc code 71332 covers the provision of insurance services for marine, aviation, and other transportation-related activities. This industry plays a crucial role in the broader economy by mitigating the risks associated with the movement of goods and people across various modes of transportation. The services offered under this code are essential for facilitating international trade, supporting the logistics and supply chain sectors, and ensuring the safe and reliable operation of transportation systems.
Production process
The main production techniques in this industry involve the underwriting and management of insurance policies. Underwriters assess the risks associated with specific transportation activities and determine appropriate coverage levels and premiums. Insurance providers also rely on actuarial analysis, claims processing, and customer service to deliver their services effectively.
Production inputs
The key inputs required for this industry include a pool of experienced underwriters, actuaries, and claims adjusters; access to data and analytics on transportation-related risks; and a robust regulatory framework to ensure the solvency and compliance of insurance providers. Additionally, this industry requires significant capital reserves to cover potential claims and maintain financial stability.
Production outputs
The primary output of this industry is the provision of insurance coverage for marine, aviation, and other transportation-related risks. This includes policies that protect against losses due to accidents, natural disasters, theft, and other events that can disrupt the movement of goods and people. The outputs of this industry are consumed by a wide range of 49 Transportation and Warehousing, 48 Manufacturing, and 42 Wholesale Trade industries, among others.
Family tree for marine, aviation, and other transport insurance services
graph LR
A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/713'>713: Insurance and pension services (excluding reinsurance services), except compulsory social security services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7133'>7133: Other non-life insurance services (excluding reinsurance services)</a>"]
D --> E["<a href='/classifications/cpc/v2-1/71332'>71332: Marine, aviation, and other transport insurance services</a>"]
D --> F["<a href='/classifications/cpc/v2-1/71331'>71331: Motor vehicle insurance services</a>"]
D --> G["<a href='/classifications/cpc/v2-1/71333'>71333: Freight insurance services</a>"]
D --> H["<a href='/classifications/cpc/v2-1/71334'>71334: Other property insurance services</a>"]
D --> I["<a href='/classifications/cpc/v2-1/71335'>71335: General liability insurance services</a>"]
D --> J["<a href='/classifications/cpc/v2-1/71336'>71336: Credit and surety insurance services</a>"]
D --> K["<a href='/classifications/cpc/v2-1/71337'>71337: Travel insurance services</a>"]
D --> L["<a href='/classifications/cpc/v2-1/71339'>71339: Other non-life insurance services</a>"]
%% Color coordination by level
classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level4
class E level5
class F level5
class G level5
class H level5
class I level5
class J level5
class K level5
class L level5
class E highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class E highlight