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Hull & Machinery

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Hull & Machinery

Marine

Hull & Machinery

Our Marine Hull & Machinery insurance solutions provide coverage for physical loss or damage to a vessel, sue and labour expenses and general average costs.

Some examples of clients that require this coverage are the following:

  • General Cargo Vessels
  • Tankers & Bulk Carriers
  • RORO’s
  • Container Vessels
  • Tugs & Barges
  • Passenger Vessels & Cruises

We are highly experienced in handling International portfolio business and can place this with Underwriters in all the major insurance markets.  Our qualified team can advise you on:

  • Hull & Machinery
  • Protection and Indemnity
  • War and Terrorism risks including Loss of Hire
  • Marine Kidnap and Ransom
  • Builders Risks

Find out more info

Contact our Team
cover

Related cover to manage ship owner's risks

In addition to Hull & Machinery, other related coverages that can be bound in order to manage ship owner’s risks would be the following:

  • Increased Value – This coverage is placed along with Hull & Machinery in order to insure the full value and additional costs of replacing a vessel if a vessel suffers a total loss
  • Loss of Hire – Coverage protecting the ship-owners from a daily loss of income arising from a covered Hull & Machinery peril.
  • War Risks – This policy provides similar coverage to Hull & Machinery/Increased Value and Loss of Hires coverages but responds to war risks related perils only which are excluded.
contact

Key Contact

Team Member

Richard Geiger

Senior Vice President

(212) 509-3777 Email