Marinas

Bespoke Marine and Cargo Insurance Solutions for Global Transportation

Costero’s Marine Team can offer a wide range of coverages with respect to Marinas/Marina Operators, Boat Dealers, and Yacht Clubs. We specialise in the Marina market and pride ourselves on being able to create bespoke policies to fit each client’s needs and operations. With direct access to Lloyd’s and London Markets, these coverages are worldwide..

We can provide policies on a standalone Physical Damage or Liability basis as well as on a combined Package Basis. Additionally, we can offer Physical Damage Policies on a single or combined Peril basis i.e. Wind only or Wind, Hail, Flood and All Other Perils.

Submission Information

• On Open Market Submissions Underwriters will be looking for a minimum premium of USD 50,000 – USD 75,000.
•  Minimum 5 Year Loss Record across all Coverages.
•  Wet & Dry Property Schedules including age of buildings & docks as well as construction type and Fire protection.
•  Vessel and Equipment with age and valuation.
•  Expiring Terms showing Limits/Deductibles/Revenues by Class/Target Premium.