Marine Liability
Marine Liability Overview
Companies servicing and supporting the maritime industry are vital to the success of a marine-related operation. These are companies that facilitate the safe transport, logistics, handling and storage of goods.
We provide customised cover for marine-related operations to continue their daily business operations. We combine our local expertise and knowledge with the quality and responsiveness of our international network, to ensure the best possible protection for our clients’ assets and their business reputation.
Key Benefits
- Underwriting, loss control, claims and recovery services provided by marine specialists globally
- Limits among the highest in the industry
- Flexible programmes, tailored for client needs
- High quality coverage for multinational risks, including locally admitted policies
Coverage
- Stevedore’s Liability: for a client’s liability as a stevedore for third-party property damage and bodily injury arising out of vessel loading and unloading operations
- Wharfing’s Liability: for a client's liability as a wharf owner for third-party property damage and bodily injury arising out of the care and custody of vessels
- Terminal Operator’s Liability: combines Stevedore’s Liability and Wharfinger’s Liability with other coverages, depending on the nature and scope of a client’s activities
- Ship Repairer’s Liability: for a client’s liability for vessels and other third-party exposures (including bodily injury) arising out of repair operations
- Charterer’s Liability: for a client’s liabilities assumed under a charter party; primarily hull damage and protection and indemnity (P&I) risks
- Excess Marine Liabilities: for a client’s capacity needs in excess of any of the above coverages and/or excess P&I, collision liability and tower’s Liability
- Bumbershoot: marine umbrella policy providing coverage in excess of marine and incidental non-marine primary policies, with a self-insured retention feature for uninsured marine perils