Certain technically-complex, old, or unclassed vessels represent a challenge to the marine insurer.
That’s why we work hard to find a solution for your concerns and, if we cannot arrive at an agreement, we will always be more than willing to explain the reasons why.
The Claims team play an important role because an insurance policy legally promises to pay a valid claim when a certain event occurs. This is the main reason why people buy insurance.
Staffed by experts with proven technical skills, legal qualifications, and experience at sea, the team provides quick and equitable settlement of any valid claim.
Poor loss records represent a challenge for brokers and insurers. This is when we turn to our loss prevention team.
They will engage with the shipowner and offer recommendations to reduce the claims frequency and severity. This usually results in a win-win situation with a reduction in losses and a corresponding reduction in insurance premiums.