Our Specialist Areas

Marine Lines

This insurance protects the investment of the ship's owner or charterer in the vessel and the equipment and machinery contained in the vessel. The policy is usually written on an annual basis. It provides broad named peril coverage for physical damage to the vessel insured. Some of the perils covered under the policy are: perils of the seas, meaning weather, acts of God, hazards to navigation, running aground, etc.; perils on the seas, referring to fire, enemies, pirates, thieves, barratry, jettison. In addition to ocean-going vessels, Hull insurance includes different kinds of commercial vessels that operate in rivers, harbors and other inland waterways such as tugs, lighters, towboats, barges and miscellaneous classes of floating equipment used in and around coastal or inland ports.


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