Safety and Compliance in Ship Management
Professional Ship Insurance and Maritime Ship Insurance Services
Our team of dedicated marine insurance experts specialises in managing risks effectively and economically, offering comprehensive solutions for all ship insurance and maritime ship insurance needs.
We aim to minimise claims, but when they do occur, we ensure prompt settlements to reduce liabilities and maintain financial stability.
Beyond merely offering coverage, we focus on reducing risk before accidents occur, using insights from the wider industry to continuously improve operational standards and maintain safety at the highest level.
Insurance solutions for charterers and shipowners operating vessels commercially
Hull and Machinery (H&M) insurance covers partial and total loss or damage to vessels, including collision liability, salvage costs, and general average distribution contribution. Over time, we've developed bespoke clauses that extend beyond standard policies, closing insurance gaps to give you comprehensive ship insurance coverage that provides robust protection.
Protection and Indemnity (P&I) insurance protects shipowners and operators from third-party liabilities, such as pollution, crew, cargo, and stowaway liabilities. We work closely with International Group Clubs to ensure customised coverages tailored to your maritime insurance needs, providing protection that adapts to the specific risks your vessels face.
War Risk (WR) insurance covers risks excluded under standard Hull & Machinery (H&M), Increased Value (IV), and Freight Interest (FI) policies, offering essential protection for vessels operating in high-risk areas. Our competitive annual and breach premiums ensure comprehensive protection while keeping costs efficient for our clients.
Increased Value (IV) insurance covers total loss (TLO) only against listed perils, with a payout following a TLO settlement on the H&M policy.
Freight Interest (FI) covers the lost anticipated future income for you as a shipowner in the event of a total loss (TLO).
Maritime Lien Insurance (MLI) insures liabilities for undiscovered claims, which may be enforced after the purchase of a previously trading vessel.
Loss of Hire (LOH) covers loss due to the vessel being wholly or partially deprived of income owing to a Hull and Machinery insured peril, such as machinery breakdown, collision, or grounding. We can structure an LOH policy with delay insurance and additional cost insurance to protect you as owners from income loss due to delays outside of your control.
Freight, Demurrage and Defence (FD&D) covers the costs and expenses incurred for disputes arising from the ownership and operation of a vessel. We have this cover with several International Group Clubs, and our annual premiums are among the most competitive in the market.
Marine Kidnap and Ransom (K&R) insurance covers costs and losses arising from a vessel being seized or crew being kidnapped by pirates. It includes the loss of ransom in transit, the loss of daily hire, and the legal liability to cover settlements and expenses related to negotiations.
Required under US Federal and State laws, our COFR guarantee premiums are among the lowest in the industry.
Covers theft or loss of cash while onboard or in transit.
Charterers Liability to Hull (CLH) insurance protects charterers from liability for damage to the vessel. With our specialised clauses developed over time, we offer a more tailored solution that addresses common gaps in traditional ship insurance policies, ensuring better protection for your assets.
Charterers Liability (CHL) covers a charterers liabilities towards third parties and cargo owners, much like P&I insurance does for shipowners. This maritime ship insurance ensures comprehensive protection from legal and financial risks arising from operational liabilities.
Freight Demurrage and Defence (FDD) insurance protects your financial interests by covering the costs of claims, disputes, and legal proceedings related to vessel operations. This coverage ensures that you have the necessary resources to defend your interests in any legal challenge that arises.
Marine delay insurance cover helps mitigate the financial risks associated with delays, both onboard and onshore. We can create customised loss-of-earnings policies that protect charterers, operators, and traders from the financial consequences of delays beyond their control. This form of ship insurance provides an extra layer of financial security, helping businesses remain stable even in unpredictable circumstances.