Types of Policy Cover

Explore Policy Cover Options

The following is a summary of the different types of policy that we can offer. This list is not exhaustive: should you require any additional information regarding these or any other form of insurance we would be delighted to assist.

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01905 930 760
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FAQs

Do I need commercial marine insurance?

If you run a business that operates in the commercial marine industry, you will need some form of insurance to cover your liability and ultimately protect your business from the costs of any claims, compensation, damage or loss that could threaten your business.
The marine trade sector is wide ranging, with some businesses operating at a higher level of risk than others – but things can go wrong at any level. From damage to a premises such as a boatyard, to theft of valuable tools, to a collision at sea or simply faulty service, the costs of making good after a mistake or loss can cripple a business. Robust commercial marine insurance protects you.

What types of marine trade insurance do you offer?

We have close relationships with many marine industry insurance providers, enabling us to offer a wide selection of covers that can be tailored to your individual basis. As a rule, we can offer Commercial Combined, Management Liability Policy (MLP), Directors and Officers (D&O) Liability, Public Liability, Cyber, Legal Expenses, Engineering, Personal Accident, Travel, Cargo, Hull, Professional Indemnity, Protection and Indemnity (P&I) and more.

To make sure your marine business has the right insurance, we will talk to you about your business to identify your risks and tailor your policy accordingly – either in person at your business premises, or over the phone.

What marine trades do you cover?

For the most part, we are able to find cover for nearly all marine trades, from international shipping companies, to yacht clubs and marines, to underwater drone operators. Whatever your business, we will talk to you about your needs and do our best to help. If we cannot cover you directly, we may refer you to more specialist brokers who we believe could be of more assistance.

Please note, currently we are unable to offer cover to commercial enterprises involving diving.

How much does marine trade insurance cost?

Every marine trade business is different so there’s no fixed cost that applies to everyone. We’re always happy to tailor your commercial marine insurance to your business so you only pay for the cover you need, and our good relationships with multiple insurance providers means we can look for the most competitive quotes.

To get an idea of how much a policy for your business would cost, your easiest option is to give us a call on 01905 930 760 and we can source appropriate quotes based on our conversation.

What happens if I need to claim?

If you need to claim, you need to let either us or your insurer know as soon as possible. Your insurer’s details will be on your policy documents, but you can also call us on 01905 930 760, Monday to Friday 9am – 5pm, or on our emergency line 01905 930 760  at all other times – and we’ll be able to help.