Marine Liability, Hull and Cargo

Marine insurance designed for your needs

As the shipping world continues to contend with rapid industry change such as over supply and reducing demand, increasing regulation and security concerns, the risk challenge of protecting ships and associated maritime infrastructure continues to grow.

Serving maritime industries including offshore, logistics, ports and terminals, cruise and passenger, bulk and commodity traders and marine construction, we are experts in marine insurance solutions both locally and globally.

Our products and services

The core products and services we specialise in are:

Cargo and transit
• Professional carriers and goods in transit carriers
• Goods in transit - single and annual policies

Hull
• Hull and machinery
•  Increased value, freight, and anticipated owners’ interest
• War and terrorism, kidnap and ransom
• Loss of hire and loss of revenue
•  Construction and builders’ risks
•  Mortgagees’ interest and mortgagees’ additional perils
• Super yacht insurance

Liability
•  Comprehensive general liabilities, including contractual liability
•  Terminal operators’ liabilities
• Ship repairers’ liability
•  Transport / logistics / freight forwarders’ liabilities
• Professional liability
•  Excess marine liabilities
• Portfolio marine liability reinsurance risks
• Special risks

Protection and indemnity
• Mutual and fixed premium cover
• Charterers’ liability, including damage to hull and bunkers
• Specialist operations, salvage operations and towage
• Mutual club exclusion buy backs (non-poolable risks)
• Liabilities arising from ownership or custody of cargo

Our team

Our marine practice group in Asia has industry-leading knowledge and experience to advise on all marine-related risk, as well as market relationships with insurers all over the world. Lockton has a truly global team of experts located in all major insurance and shipping hubs.