Marine insurance, often regarded as the foundation of modern insurance practices worldwide, originated in the 17th and 18th centuries at a humble London establishment called ‘Lloyds Coffee House.’ Since its inception, marine insurance has undergone significant evolution, now offering a wide array of tailored products to suit diverse business models. We take satisfaction in offering our clients personalized insurance solutions sourced from either local carriers or globally renowned ‘A’ rated markets.
Marine Cargo
When goods are in transit, they face various risks like theft, fire, and civil unrest. We offer customized marine cargo insurance to safeguard your financial stake in your shipments. Our proficient claims team will support you throughout the claims process, ensuring prompt processing and fair indemnification in case of any incidents.
Marine Hull
Sea vessels, including ocean vessels, recreational boats, jet skis, and similar watercraft, are constantly vulnerable to various maritime risks such as piracy, fire, and explosions. Given the significant values at stake, these assets necessitate comprehensive protection from such perils. With our proficiency, we can arrange insurance coverage to fully safeguard your asset, whether it’s a small jet ski or a large marine tanker.
Ports and Terminals
The maritime industry is intricate, and port and terminal operators dealing with cargo encounter ever-evolving risks. We are dedicated to crafting and delivering a cost-effective insurance solution to protect your business operations and ensure seamless functionality tailored for port and terminal operators, encompassing both physical damage and business interruption coverage.
We also have expertise in organizing Builder’s Risk Insurance for shipbuilders and contractors. The coverage options we can arrange for you include:
- Cargo Insurance
- Kidnap & Ransom
- Loss of Hire (War Included)
- Hull & Machinery
- Hull War Risks
- Protection & Indemnity Liabilities
- Professional Indemnity
- Stevedore Liability
- Umbrella Liability
- Comprehensive Liability Package
- Other Marine Liabilities
- Builder’s Risk Insurance