Our Marine Hull Insurance provides specialised coverage for a variety of marine assets and activities, focusing on high-quality and selective risks within the commercial marine sector. With a focus on reputable fleets, marinas, shipyards, and ports, the program provides robust protection for diverse marine risks while excluding high-risk categories and regions to maintain optimal risk quality.
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Preference
IACS classed vessels with a focus on product/ chemical/ oil tankers and offshore brown water vessels
Known and reputed fleet, especially those where a reputable Lloyd's Syndicate and/or known Marine company market is leading the program
Marina operator's liability risk
Ship repairer's liability for the known and reputed shipyards and known ship repairers with projects of periods up to 36-months duration and subject to JH 143 survey
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Restrictions
Singleton vessel
Fishing Boats
Trawlers
Passenger Ferries
Demolition Voyages
Limited appetite for supporting non-standard lead terms
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Regional Scope and Capacity
Worldwide excluding Middle East and North Africa, US, Canada, Japan, Mexico & Caribbean Islands
Capacity of USD $15 million