Marine Insurance
Our team of risk and liability professionals possesses the expertise and knowledge to provide a diverse array of innovative marine solutions. These solutions safeguard a wide range of vessel sizes, cargo types, marine equipment functions, liabilities and hazards associated with passenger and cargo transportation worldwide, construction and operation of sustainable energy platforms, and handling of freight both in port and beyond.
Marine Insurance
Hull & Machinery
- Oil and Gas Tankers
- Container Vessels
- Bulk Carriers
- Passenger Vessels
- Tugs and Barges
- Offshore Support Vessels
- Towboats
Protection & indemnity
Our experienced team of specialists offers advice and support for Protection and Indemnity (P&I) insurance (P&I). P&I insurance protects shipowners from third-party liability risks associated with owning and operating a vessel.
Standard P&I Risks Covered:
- Personal Injury, Illness, or Loss of Life of Crew Members, Passengers, and Others
- Personal Injury or Loss of Life of Stevedores
- Loss of Personal Effects
- Diversion Expenses
- Life Salvage
- Collision Liabilities
- Loss or Damage to Property (Other Than Cargo)
- Pollution
- Towage Contract Liabilities
- Liabilities Under Contracts and Indemnities
- Wreck Liabilities
- Cargo Liabilities
- Cargo’s Proportion of General Average or Salvage
- Certain Expenses of Salvors
- Fines
- Omnibus Cover
War Risks
We offer war coverage solutions against the risk of piracy and terrorism, as well as war physical damage to vessels.
Without specialized marine war risk coverage, a vessel and its cargo could be exposed to significant financial and operational risks.
Coverage includes:
- War Risks (Conventional Cover)
- War Protection and Indemnity (P&I) and Crew War Liability
- Crew War Personal Accident
- Kidnap and Ransom
- Cargo War Risks
- Ship Seize, Confiscation, and Associated Risks
- Quarantine
- War Loss of Hire
- Piracy Loss of Hire
- Charterers’ Additional Hire Expenses
- Charterers’ Liability for Ransom Payments
- Cyber Related Exposures
Marine Liability Reinsurance
We ensure our clients receive tailored and comprehensive reinsurance programs aligned with their evolving risk appetite.
Transportation & Logistics Liabilities
Protection for companies involved in the movement of cargo against legal liabilities arising out of the conduct of their business.
Policies available
- Primary
- Excess
- Umbrella (Including Employers’ Liability and Auto Liability)
Types of Liability Covered
- Contingent Auto Liability
- Liability to Cargo
- Chassis Liability
- General Liability
- Errors & Omissions
- Container Liability
- Warehouseman’s Legal Liability
Port & Terminal Risks
We offer creative and holistic solutions for port and terminal operators, as well as ancillary service providers within the marine sector.
Coverage Includes:
- Physical Loss or Damage to Property and Handling Equipment (Including Machinery Breakdown)
- Business Interruption / Trade Disruption
- Hull and P&I for Port Vessels
- Broad Liability Including Care, Custody, and Control
- Third Party Legal and Contractual Liability
- Marine Impact / Port Blockage
- Removal of Wreck
- Seepage & Pollution / Environmental Risks
- Terrorism
- Political Risks / Kidnap and Ransom
- Cyber Risks
- Any Site-Specific Risks (e.g., Real Estate or Wind Turbine Developments)
- Other Operational Risks (e.g., Employers’ Liability, Auto Liability, Directors’ and Officers’ Liability, etc.)
Marine Related Property Insurance
Realizing that several of our clients need solutions for marine-related property risks, we have expanded the range of coverage we can offer.
Assets Covered
- Buildings & Warehouses
- Business Personal Property
- Docks, Berths, Slips, Piers, Wharfs, Jetties, Dolphins, and Seawalls
- Tank Farms, Mooring Buoys, Dock to Tank Pipelines
- Handling Equipment, Including but Not Limited to Cranes and Forklifts
Insurable Perils
- All Catastrophe Perils (Earthquake, Named Windstorm, Flood)
- All Risk Perils
- Business Interruption, Increased Cost of Working, and Extra Expense
- Liability Perils
Policies Available
- Full Value Policies
- First Loss
- Excess
- Peril Specific (e.g., Earthquake Only)
- Deductible Buy Back
- Package Policies (Property, Business Interruption, and Liability)
Contact Our Experts
We're here to help
Our highly experienced team is able to leverage long-standing market relationships to obtain flexible cover on favourable terms.
Roupen Vartanian
Director | Marine
Other Capabilities
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