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 Commercial Marine Hull Insurance is designed to meet the needs of Owners, Operators and Managers who require insurance to protect hull and machinery, freight at risk and related marine interests. Every aspect of your marine business can be protected on a world wide basis including Liability and Workers Compensation. We have insurers available with the scope and capacity to provide the coverage which you need to feel secure in the running and management of your business.
When you ask us to arrange insurance for your commercial operation, we will select the most appropriate insurer for your needs.
Typically, the coverage provided will be subject to the Institute Hull Clauses as these have a long history and are known and understood by brokers and clients alike.
The most commonly used Institute Clauses for commercial hulls are:- Institute Time Clauses - Hulls, Institute Time Clauses - Hulls Port Risks, Institute Yacht Clauses (Amended) and Institute Protection and Indemnity Hulls - Time.
However, some insurers have moved away from traditional commercial contracts based on the Institute Clauses and have introduced their own Hull clauses. As a marine insurance purchaser, it is important that you understand the risks and benefits attaching to each of these competing insurance products.
As a specialist marine insurance broker,
we have the necessary skills and expertise to assist you
through the maze.
We act for you, as your agent, at all times. This means you can rely upon professional advice and our proven track record in negotiating successful claims outcomes, should you have need to call upon your insurers.
Contact one of our Hull Brokers to find out more about our dedicated approach to commercial marine insurance.
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