Our coverage indemnifies the mortgagee (relating to a hull and machinery policy) for outstanding monies due to them in the event of non payment of a claim following a breach of warranty by the operators of the vessel.
We will pay these losses
Outstanding money (loans and interest) due to mortgagees as outlined above. All subject to the terms and conditions of the actual policy.
Limits available
Up to US $75,000,000
Financial institutions involved in the maritime industry
Worldwide
Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in thea world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.
Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.
Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.
London, UK
020 7674 7418
Email Deepa
London, UK
+44 (0)20 7674 7432
Email James