Marine & Aviation
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
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
Without specialized marine war risk coverage, a vessel and its cargo could be exposed to significant financial and operational risks.
War 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
Transportation & Logistics Liabilities
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
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
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)
Aviation Insurance
Covers risks associated with aircraft operations, offering protection for both physical assets (aircraft) and liability exposures, including but not limited to:
- Hull: Covers physical damage to the aircraft, including accidents on the ground or in the air, fire, theft, and other risks.
- Liability: Covers third-party liabilities arising from damage or injury caused by the aircraft to people, property, or other aircraft, including passenger liability and public liability.
- Passenger Liability: Provides coverage for legal liabilities related to injuries or death of passengers on board the aircraft.
- War Risks and Hijacking: Covers risks arising from war, terrorism, hijacking, and sabotage, which are typically excluded from standard policies.
- Loss of License: Designed for pilots, this provides compensation if they lose their license due to medical reasons, making them unable to continue flying.
- Ground Risk Hull: Covers aircraft when they are on the ground and not in flight, providing protection against perils like fire, vandalism, or weather damage.
- Hangar Keeper’s Liability: Protects aircraft maintenance and service companies from liability if an aircraft is damaged while in their care, custody, or control.
- Cargo and Baggage: Covers loss or damage to cargo or baggage being transported by the aircraft.
- Aviation Product Liability: Provides coverage for manufacturers of aircraft parts and components in case their products cause damage or injury due to malfunction or defects.
- Aviation Business Interruption: Covers the loss of income for aviation businesses, such as airlines or private operators, if their operations are interrupted due to an insured event like aircraft damage.