Aquaculture Insurance and Risk Management

The Aquaculture team at HWI has over 30 years experience of in handling and placing aquaculture insurance policies for fish farmers around the world. We are well placed to assist you with all insurance requirements in this highly specialised class of insurance.

Our technical knowledge, experience, and support from experts within the Aquaculture Industry allow us to constantly develop and manage Aquaculture programmes and policies that are tailor-made to meet the needs not only of the individual fish farmer but also investors within this growing industry.

Our Team

Key Contacts


Specialist Aquaculture Insurance

  • Onshore farming – breeding and farming of fish in based tanks, ponds, and raceways. Water is oxygenated in a number of ways including gravity fed, pump ashore and recirculation aquaculture systems
  • Offshore farming – farming and/or ranching of fish in cages based in open water such as lakes, lochs and the open sea.
  • All risks of mortality in transit.

Flexible approach to tailor an insurance policy specifically to the needs of the business. The range of perils can be ‘comprehensive all named perils’ or one or more specified perils dependant on your needs.


Specified peril include:

  • Pollution
  • Theft, malicious acts
  • Predation or physical damage caused by predators or other aquatic organisms (but not sea lice or other ectoparasites)
  • Storm, lightning, flood, tidal wave, collision, sudden and unforeseen structural failure of equipment
  • Jellyfish infestation
  • Drought, fire, lightning, explosion, earthquake
  • Deoxygenating
  • Any other change in concentration of the normal chemical constituents of the water, including change in PH or salinity
  • Disease
  • Mechanical breakdown
  • Electrical breakdown

Equipment (cages, feed barges, etc), equipment tows, hull and working craft. Insurable perils include:

  • Perils of the sea, rivers, lakes or other navigable waters
  • Fire, lightning, explosion
  • Theft
  • Contact with land conveyance
  • Accidents in loading/ discharging
  • Negligence of repairers
  • Malicious acts
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