SPECIALIST NOT STANDARD

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Hull and Machinery Insurance

Whether a fleet or a single vessel, it is imperative that the right Hull and Machinery Insurance is secured for vessels as the risk of physical loss is ever present. Shipping security has become an increasingly important issue, particularly over the course of the last ten years.

Cargo ship in shallow waters

War and piracy can be a threat in certain parts of the world including most recently within the Persian Gulf, the Gulf of Aden and surrounding Indian Ocean, West Africa and Indonesia. With this heightened activity comes an increased risk to shipping companies’ operations, their vessels and their crews.

This is why our team is committed to providing market-leading services and placement expertise, assisting a client base that extends across the full spectrum of the international shipping market.

We access Hull and Machinery cover at competitive pricing and we’re dedicated to creating ground-breaking risk transfer solutions, securing competitive capacity for risks where others might fail.

Areas of expertise include:
  • Hull and Machinery
  • Increased value
  • Freight interest
  • Mortgagees’ interest
  • Loss of Charter Hire
  • Builders’ Risks
  • Voyage / Tow Risks
  • Conventional War Risks
  • Piracy
  • Kidnap and Ransom
  • Loss of Charter Hire
  • Charterers’ lost earnings