Marine & Energy Insurance
Hull & Machinery/Loss of Hire/War Risks
Hull and machinery insurance is a type of marine insurance that covers the physical damage to a ship’s structure (the hull) and the machinery on board. This type of insurance is essential for shipowners as it protects against a variety of risks that vessels may encounter while operating, including but not limited to: damage to hull, machinery such as engines, additional risks such as war and piracy, weather damage and loss of earnings.
Protection & Indemnity, Charterer’s Liability, other Marine Liabilities
Protection and Indemnity (P&I) insurance is a form of mutual insurance cover for shipowners and operators against third-party liabilities and related risks incurred in the course of operating ships. It is primarily designed for the maritime industry and is provided by P&I Clubs, which are mutual associations comprising shipowners and operators. We have access to the International Group of P&I Clubs and other fixed premium P&I providers catering to the specific requirements of our clients. Furthermore, we are able to provide third party insurance for other operators in the shipping industry such as shipbuilders, repairers and freight forwarders for the liabilities they hold during their operations.
Marine Cargo
Marine cargo insurance is a type of insurance that provides coverage for goods in transit over water, whether by ocean freight, inland waterways, or intermodal transport involving multiple forms of transport. This insurance is crucial for businesses involved in importing and exporting goods, as it helps mitigate the financial risks associated with loss or damage to cargo during transportation.
