Hull & Machinery:  This policy is the mainstay of Marine Insurance.  It is a physical damage policy designed to cover physical loss or damage arising from a marine peril, and will include recovery actions, and all other events associated with a physical loss at sea.  The policy is adapted to the requirements and fleet profile of the Shipowner concerned, and will address levels of deductible, individual vessel valuation, any increased value, and will specify the extent of the cover afforded, whether ‘All Risks’ or ‘Limited Conditions’ or ‘Total Loss Only’ cover. 

Specific policy wordings will be manuscripted from the London Market Joint Hull Conditions, the French Marine Conditions or any other internationally recognised marine policy form required by our clients.

Loss of Hire:  This is a specialist policy designed to indemnify a Shipowner for financial loss arising from the immobilisation of his vessel due to a damage caused by a marine peril.  The policy is underwritten to refund a daily indemnity over a specified period.