Marine
Not surprisingly for a company that started life nearly two
centuries ago and spawned a shipping line, our Marine division is
one of the oldest and most highly respected in the London market.
All personnel are client focused and combine to provide a seamless
broking, administration and claims service.
In addition to conducting traditional Marine business, the division
also encompasses Energy and War & Terrorism teams. Further
information on products, activities and personnel are included in
the more detailed class sheets, which – if not enclosed herewith
–are available on request.
“Our emphasis is on gaining a clear understanding of our
clients’ risk exposures and designing the most appropriate and
cost-effective solutions to meet their needs. As one of the
strongest and most experienced marine teams in the London market,
we value our reputation for integrity and always strive to obtain
the most competitive terms and widest coverage, backed up by the
highest level of service. Our fully integrated placing and claims
structure enables us to develop and maintain strong, long-term
relationships with our clients, which gives us confidence in our
ability to match their highest expectations.”
Jonathan
Macey
Managing Director Marine
Division
Areas of Expertise
- Hull & Machinery (H&M)
- War Risks
- Loss of Hire/Trade Disruption (TDI)
- Liabilities – Protection and Indemnity
(P&I), other marine liabilities, including contractual
- Ports and Terminals
- Yachts
- Cargo – marine and air transit risks,
project cargoes, carnet and Stock Throughput Risks
- Reinsurance
- Builders Risks – including related delay
covers and Contract Repudiation
- Miscellaneous – including Mortgagees
Interest, Kidnap and Ransom, Strike Risks and Confiscation
Key Strengths
- Global expertise – With
particular strength in the UK, Europe, Indian sub-continent, South
East Asia, the Far East and South America
- Rapid response – The
ability to address the requirements of both the largest and
smallest operators with equal attention and to respond promptly to
all business enquiries
- Strong trading
relationships – Co-operation developed with first class
retail brokers in strategic locations worldwide. We provide a
peerless service to some of the best independent brokers producing
business from some of the most exciting emerging maritime
centres
- Established market
presence – Strong relationships with Market and P&I
underwriters facilitate competitive pricing. Our standing and
reputation in the London and other major marine insurance markets
ensures us ready access to market leaders worldwide
- Extensive experience – Our
team has a unique blend of experience to put at clients’ disposal,
many of them having worked previously for International Group
P&I Clubs, leading insurers and other major brokers
- Traditional and Innovative
– We design comprehensive proportional and non-proportional treaty
programmes for our clients, using traditional and non-traditional
methods of risk transfer in order to achieve optimum results. Our
reinsurance clients range from the London Market to other major
marine underwriting centres, P&I Clubs, fixed premium and
overseas insurers
- Ability to solve problems
– For example, our approach to Loss of Hire/TDI, where years of
experience designing cover for owners and all types of tonnage,
ranging from cruise ships to off-shore supply vessels, has allowed
us to establish a market-leading reputation. We arrange cover for
traditional marine loss of hire and trade disruption risks,
including bespoke protection against financial loss from industrial
disputes and/or strikes
- Proactive claims service –
Our integrated claims team is involved in
all accounts from inception. The broking and claims teams work in
harmony to deliver a complete service. Our claims staff maintain a
clear and regular dialogue with our clients, regardless of the
level of specific claims activity on their accounts.
- Annual P&I
Report – Our latest comprehensive annual P&I
report is available to download from the link on the
right of this page. The report analyses all the major P&I
providers and is always received with interest by the marine
insurance market.