With movement in the marine insurance market, and summer on the horizon, we thought it was a good time to remind our clients that we provide a range of Marine Insurance options, protecting you and your business from marine risks.
Overall, there are 2 main types of marine insurance:
- Personal Pleasure Craft Insurance: covering you and your personal marine craft (including yachts, launches, jet-boats and jet-skis) against loss or damage, and for liabilities you incur while using that craft.
- Commercial Marine Insurance: covering commercial vessels and their cargo, as well as the risks associated with exporting primary produce and importing agriculture-related goods, raw materials for manufacturing, manufactured goods, and consumer items.
We have previously focused on pleasure craft insurance, so let’s take a look at the commercial marine insurance options we provide:
Ship Repairers Liability
Every business that operates in the marine service industry will face specific risks that require bespoke solutions and a combination of policies to ensure that you and your business are fully protected. We will tailor insurance solutions for your business and employees to provide you the most comprehensive cover available in the market.
Cargo and Transit
Whether you are moving locally or require cover for shipping your goods around the world, we can provide you with insurance options that offer you the protection that is required for your specific scenario.
Whether you are a local carrier or a carrier that is transiting goods internationally, there are various liability risks that you face. We can ensure that you have the right protection in place that correctly reflects your operation, whether you provide services by sea, air, road, or rail.
Sea Trials and Demos
When work on vessels is completed you will often need to demonstrate or conduct trials on the vessels. We can provide cover that will protect you from issues that could arise during this process. We can tailor a solution for you, to ensure that vessels are covered through to completion and sale.
How can we help?
From the moment you first make contact, we are dedicated to finding the right policy for you. Our team puts in the time to get to know you and your situation. We build our relationships on trust, so you have peace of mind knowing your needs are prioritised.
The best insurance decision is an informed insurance decision, and when it comes to security, wellbeing, and passions, it’s vital to make the right decision.
Get in touch today and our marine insurance experts will help you obtain the right marine insurance policy for you or your business.