Hull
We participate in the insurance of approximately 10% of the
world's ocean-going trading tonnage and are the prominent leader of
voyage and tow business in the London market.
The Beazley Marine team is a recognised leader in the insurance
of owner-operated shipping company business. Our underwriters have
an excellent understanding of the industry and their customer base
and place great importance on maintaining a close and knowledgeable
relationship with the management of the companies we insure.
We aim to offer unrivalled speed and excellence in our technical
and claims service. Customised policies and programmes are
available to suit individual requirements and both standard and
non-standard covers are offered for all ages and types of
vessel.
We provide competitive quotes across a broad spectrum of
coverages including ITCH / American Institute Clauses and Norwegian
Hull forms. Coverage is provided for hull time all risks and
limited conditions, voyage and towage risks, increased value /
disbursements, loss of hire, total loss only, mortgagee's interest,
building risks, port risks, yachts / pleasure craft, reinsurance
and war risks.
Please refer to separate sections for further detail on
Builders' Risks, Hull & Machinery, Increased Value, Mortgagee's
Interest, Voyage & Tow.
We will pay these losses
As we write a wide range of non-standard and customised covers
the losses we pay out on varies considerably but typically would
include total loss of a vessel, repair costs following damage to a
vessel, certain expenses and liabilities, sue & labour, GA
contribution, salvage costs, etc. All subject to the terms and
conditions of the actual policies.
Target market
- Shipowners
- Charterers
- Terminal operators
- Ship repairers
- Freight forwarders
- Marine surveyors
- P&I clubs
- Port authorities
- Financial institutions involved in the maritime industry
Key territories
Worldwide but in particular Europe and the Middle East.
To offer a quotation, we require fleet details (value, size,
class, flag etc.), the coverage required and a claims record.