Long experience and in-depth market expertise enable us to create the tailored Marine Liability solutions you need to manage your risks, freeing you up to focus on achieving your goals.
Our Marine Liability insurance and reinsurance policies protect our clients against a wide range of liabilities arising from marine losses, including claims for bodily injury to crew and passengers, pollution, and damage to third-party property.
We are one of the leading Marine Liability underwriters worldwide, with a significant Lloyd’s market share and strong relationships with all of the major brokers. We lead the majority of the business we underwrite across all Marine Liability lines, including Protection and Indemnity (P&I), pollution, charterers’, standalone energy liability and package policies.
Our clients range widely, from ship owners to charterers, ship repair yards, companies providing offshore support, and banks with mortgagees’ interest in vessels. A significant proportion of our book is made up of reinsurance cover for P&I clubs. For example, we are the second leader on the largest reinsurance contract in the world, which is for The International Group of P&I Clubs.
We work closely with our colleagues in Hull and Oil and Gas to tailor innovative and flexible solutions to our clients’ diverse requirements. We pride ourselves on identifying the optimum solution for every client’s needs, no matter how unusual or complex.
We offer market-leading claims capabilities and expertise. For example, we have worked on major claims including the Macondo oil spill in the Gulf of Mexico in 2010 and the wreck of the COSTA CONCORDIA in 2012, the largest ever insured marine loss to date.