Marine-Focused
Insurance for commercial vessels and maritime operations. Covering commercial vessels, workboats, service boats, offshore support vessels, and registered yachts for business use.
B2B insurance solutions for vessels, offshore registrations, and international asset protection.
Insurance for commercial vessels and maritime operations. Covering commercial vessels, workboats, service boats, offshore support vessels, and registered yachts for business use.
Support for offshore registration and compliant coverage structures. Hull & machinery, Protection & Indemnity (P&I) via partners, and operational risk coverage.
Coverage for assets and equipment operating across jurisdictions. Industrial and international asset insurance for complex, cross-border operations.
Solutions designed exclusively for companies and operators. Partner-based structures with no personal or consumer products offered.
Commercial vessels, workboats, service boats, offshore support vessels, registered yachts for business use, and industrial equipment operating internationally.
Comprehensive risk assessment and structured coverage designed for complex, non-personal risks in maritime and industrial sectors.
Registration Number: CP-000030
License Number: KBN-80-000001
Registered Office: Central Park, Tarawa, Republic of Kiribati
Address: Malecon, Manzanillo, Cuba
The International Group of P&I Clubs released quarterly data showing a significant decline in marine liability claims, attributed to improved safety standards and advanced vessel monitoring systems.
The International Maritime Organization has approved a framework requiring specialized insurance coverage for autonomous and remotely operated commercial vessels, effective January 2027.
Insurers are adjusting premiums for offshore energy installations as deep-water exploration reaches new depths, increasing the complexity of risk assessment for platforms and support vessels.
Lloyd's of London syndicates have launched parametric insurance products that automatically trigger payouts when shipping routes are disrupted by geopolitical events or natural disasters.
DNV has released updated classification rules that will impact insurance requirements for LNG carriers, emphasizing enhanced safety systems and environmental compliance standards.
A series of port congestion events across Southeast Asian ports has led to a sharp increase in marine cargo insurance claims, with delays causing spoilage and contractual penalties.
Bureau Veritas has completed certification of the first commercial hydrogen-powered vessel fleet, setting new benchmarks for marine insurance underwriting of green shipping assets.
Multiple insurers have introduced specialized cyber risk policies for shipping companies following a wave of ransomware attacks targeting port management and vessel navigation systems.
Major hull and machinery insurers have announced stricter survey requirements and higher premiums for bulk carriers over 20 years old, citing increased structural failure risks.
Recent amendments to the International Salvage Convention are reshaping how marine insurers calculate liability exposure for salvage operations, with implications for P&I club coverage terms.