When your vessel or equipment is lost or damaged, it has a knock-on effect on your business.
Lockton’s Hull & Machinery risk experts are here to help you manage those risks.
Our specialist insurance also helps you to recover costs that arise from loss or damage, so you can avoid or minimise them (also known as sue and labour). Hull & Machinery insurance also covers the costs of salvage and general average, as well as cover for liabilities to third parties involved in a collision.
No matter where you operate or your business’s sector, our Marine insurance team has the experience and market sway to get you the best value terms and premium for your vessel(s) and equipment. If you need a bespoke solution, we have the understanding and in-house capabilities to handle all kinds of complex risks.
To discover our full list of Hull & Machinery products and services, or simply to discuss your insurance options, get in touch with your local Lockton representative.
Our H&M specialists are leaders in their field. You benefit from their experience in dealing with all aspects of H&M, liabilities and special risks coverage, including:
- Hull & Machinery
- Increase Value/Disbursements
- Loss of Hire
- War Risks
- Mortgagees Interest
- Mortgagees Rights
- Builders Risks
Additional services include:
- Contract reviews
- Risk Advisory
- Claims consulting
- Lender requirements
The Hull & Machinery team has extensive experience which enables for a better understanding of a clients needs, exposures and insight in to the most advantageous market for their requirements both in the UK and abroad.