Marine and Cargo

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Marine Insurance

With access to Lloyd’s and International markets, we provide bespoke Insurance and Reinsurance cover for our clients who engage in the Marine and Cargo transportation sector. Using our in-house experience of this extensive and complex insurance market, we deliver a knowledgeable yet personal service to our clients to ensure their specific requirements are met.

We can create personalised covers for our clients for the following classes in marine business:

  • Marine and Specialist Liabilities
  •  Protection and Indemnity
  •  War Risks
  •  Builder’s Risk
  •  Loss of Hire
  •  Charterer’s Liability
  •  Cargo – Costero global lineslip in place
  • Stock throughput
  • Hull, Commercial Fleets, Singletons, Specialist Vessels and Yachts
  •  P&I and Marine liabilities
  •  Ports, Marinas and Terminals
  •  Builders Risks
  •  Freight Liability

 

In addition to the above, we also have in-depth expertise in coverage for Subsea Cables and Over-side Equipment. It is mentioned in a bullet point above), and other “water edge” business.

 

 

Geographic Scope

Worldwide

Structure of Placement

Insurance (Single Risk or Binders) Reinsurance

Marine Claims

The marine industry is an area of rapid growth in both opportunity and complexity with ever-changing needs.
The claims process across all areas of Marine (Hull, P&I, and Cargo) requires a specialist’s expertise and tailored support to assist policyholders in navigating what can be a fraught experience, effectively and painlessly.

This process should include claims advocacy (broking), adequate preparation, adjusting, and specialist consultation.

We have serviced claims on the below but are not limited to:

  • Hull and Machinery & everything connected therein
  • Loss of Hire
  • Yacht Claims
  • Marina Losses
  • Cargo
  • Protection and Indemnity (P&I claims) for pollution, wreck removal, crew repatriation, and personal accident.

Dedicated and skilled claims professionals can lead to the following outcomes:

  • Work with our assured to ensure that they have a full understanding of the policy coverage and wording
  • Covers all the needs of the assured’s business
  • We make sure our assured remains informed at every stage along the process, both to manage their expectations and keep them in the process.

Our Experts

Speak to our Experts

Our expert knowledge of these product classes, combined with our passion and dedication to completely understand our clients’ business needs.