Marine

marine
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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.

As well as brokers, we’re your advisers and consultants

We advise on every aspect of insurance programme design. By carefully considering our clients' demands and needs, we develop tailor made insurance programmes. And when it comes to the placement of your risk, our access to the global marine insurance markets means we are well positioned to deliver the best terms, while ensuring a sharp focus on every aspect of service delivery such as the provision of timely documentation. Service is our differentiator and our team will be available, whenever you need us, to support and advise.

Claims are the bedrock of any insurance programme. It is why our highly experienced claims team sits at the heart of our service and will work to ensure an efficient resolution of your claim, however complex the nature of the dispute. In addition our claims offering also includes review of contracts and other technical advice.

Marine Liability International

Our services

The products and services we offer include:

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

The Lockton Marine broking 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.

 

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Broking done differently

We're more than an insurance broker
- We're independent specialist risk consultants

  • Find the right fit
    We will always ensure to understand your financial goals and position and use our know-how to create a broking or collateral strategy that fits your objectives.
  • Predict impacts on your business
    We combine detailed modelling and financial analytics to show you the effect of an insurance programme on your business and the risks you face.
  • Fight for you
    We are not afraid to challenge insurers to achieve the best result for you.
  • Stay up to date
    We keep up with developments in your industry, to make sure we understand your business.
  • Keep costs low
    We help risk financing come up with lowest cost or most suitable programme.
  • Global Expertise
    Lockton, Inc. is the world's largest privately held insurance brokerage firm.