 | HULL
Hull insurance protects owners and others with an insurable interest against loss, damage, and expenses incurred to the vessel as a result of an insured peril. We provide facultative solutions for the following:
Ocean Hull (blue water): Tankers, bulkers, general cargo vessels , container vessels, cruise vessels, fishing vessels, ferries, icebreakers, refrigerated vessels, research vessels, ro – ro vessels, cable laying vessels, tugs etc.
River Hull (brown water): Tugs, barges, casino vessels, crewboats, dredgers, excursion vessels, ferries, fire – fighting vessels, fishing vessels, drydocks, official vessels, passenger vessels, supply vessels, crane barges, dredges, etc.
Yachts: Yachts, Power Boats, Sailing Vessels.
Loss of hire/charter: Loss of freight/charter as a consequence of a damage covered under the hull policy of the vessel
Builders´ Risks: New construction, conversions, repairs.
CARGO
Cargo insurance covers all kind of goods in suitable/seaworthy packaging during transports by air, ocean and land conveyance from and to all places in the world.
The Marine Advanced Loss of Profits (ALOP) insures loss of profits due to business interruption as a result of a risk covered under the cargo policy of the assured for this transport. An example is the loss of profit of a newly founded bakery chain due to the total loss of a baking oven during transport from the producer of the oven to the bakery chain.
| | MARINE LIABILITIES
Marine liability coverages are based on the legal and/or contractual liability agreed with the customer:
Charter: Liability of the charterer for damage to the vessel chartered based on the charter contract signed with the shipowner/shipmanager.
Marina operator: Liability of the marina operator for damage to the vessel in the marina at the time of the occurrence based on the contractual liability of the marina operator to the shipowner.
P&I: Protection and Indemnity (P&I) is the policy to cover liability, loss and/or damage occurring in the operation of the vessel. The risks covered under a hull policy are excluded.
Terminal Operator: Liabiliy of the terminal for damage to goods etc. whilst in their custody based on the contractual liability of the terminal towards their clients (e.g. cargo owners).
Shiprepairers Legal Liability: Liability of the shipyard for claims to a vessel during repairs or conversion at the shipyard based on the legal or contractual liability of the shipyard towards the client (e.g. shipowner).
Stevedores: Liability of the stevedores for claims to goods whilst being loaded and unloaded based on the contractual liability of the stevedore to his client (e.g. cargo owners).
Wharfinger: Liability of the wharfinger for claims to goods and vessels whilst in his charge based on the contractual liability of the wharfinger to his client (e.g. cargo owners). | |