Marine Insurance

Marine Insurance

 
 

  • Marine Cargo

This cover is arranged to protect the insured cargo against material damage whilst being transported from warehouse to warehouse. However other variations are available.

  • Freight Forwarders

Protection is provided against damage to property whilst anywhere in the world during the period of insurance to the extent that there is liability for damage under the Contract Conditions International Convention or statutes expressed in the schedule as being insured or at common law if such Contract Conditions International Convention or statutes cannot be enforced.

  • Hull & Machinery

Provides protection against loss or damage to the insured craft or vessel through perils of the sea. Other perils include fire, explosion, piracy, contact with dock or harbour installation, accidents in loading or discharge or shifting of cargo or fuel, bursting of boilers, breakage of shaft or any latent defect in the machinery or hull, negligence of the crew or master officer or pilots.

  • Protection & Indemnity - P&I

Provides protection against liabilities that a vessel's owner may incur towards third parties arising out of the use of the vessel.

  • War Risks

Hull and Cargo insurance may be extended to include war risks subject to certain terms and conditions which are applied by underwriters.

  • Yachts & Pleasure Craft

Covers loss or damage to your boat, engines, trailer and any equipment and personal effects carried on board, if so declared. Protection is provided for loss or damage by accidental causes including fire, storm, theft and malicious damage as well as your legal liability to pay compensation for third party property damage and/or bodily injury as a result of the use and/or the ownership of the boat.

There is also the option to insure only your legal liability to pay compensation for third party property damage and/or bodily injury.

  • Fish Farms


A specialized insurance protection that is available from a limited market. This policy provides cover for loss or damage to fish farm equipment such as cages as well mortality cover on the fish stock. Insurance is generally available against a list of specified perils that reflect the exposures of the environment of the fish farm.