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Marine Liability

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The Risk

Maritime organizations such as port authorities, marina operators, ship repairers, yacht clubs and freight forwarders are all engaged in activities where the potential for liability is considerable, and where successful claims could be financially crippling.

The Solution

Marine Liability is insurance for liability or property damages to a third party, while engaged in marine related operations. The insurance is designed specifically for organizations engaged in maritime activities where the potential for liability is considerable.

The Cover

The range of covers includes:

  •      Charterers’ Liability
  •      Freight Forwarders Liability
  •      Marina Operators Liability
  •      Marina and/or Yacht Club Liability
  •      Port and Terminal Operators Liability
  •      Race Organizers’ Liability
  •      Ship Repairers Liability
  •      Stevedores Liability

All risks that one would associate with a traditional marine liability account are typically covered, including:

  • Protection and Indemnity (P&I) - We complement our involvement with the mutual P&I associations by arranging excess P&I  coverage for a broad spectrum of vessels including fishing vessels, yachts and small commercial craft
  • Port authorities, terminal operators and stevedores - We arrange comprehensive cover for ports, as well as coverage for specific activities such as stevedoring
  • Maritime Employers’ Liability (M.E.L) - We arrange both primary and excess capacity for the marine and offshore industries
  • Specialist operations - Including dredging, cable laying and seismic operations.
  • We also provide liability cover for marine pilots, marine surveyors, ship repairers, boat race and regatta organisers, and seepage and pollution
  • We offer a single source for all your liability needs, as well as working with other sections of the marine market to offer combined package policies.

 

For Further Information Contact:

Mr Debasish Mukherjee

Sr. Vice President, Corporate Business

Telephone

+91-22-6655 8868

Email

d.mukherjee@howdenindia.com