Small craft - English
Our unique range of flexible insurance solutions are designed for operators and owners of small crafts such as passenger and local ferries, fishing vessels, tugs, dredgers, coastal cargo carriers, pushers, pontoons, barges and more.
Small craft - Click through brochure
Click the image to view the video
To make the buying process as easy as possible we can:
- Include P&I, hull and other insurances on one cover note, so there are no gaps in cover
- Provide additional covers such as war, machinery, ice, defence, loss of hire, and other extended related cover products.
- Provide a single point of contact, so that your account handler will know your business and make the process of renewing or making a claim as efficient as possible
Terms and conditions of cover
- European flag (flag of convenience excluded)
- Confirmed classification
- Max 3,000 GT with a 1,500 GT sublimit for tanker vessels
- European trading in domestic coastal and inland waters
| Cover limits | |
| Hull | Limited to USD 5M (max combined exposure) |
| Liability P&I | a) Standard mutual P&I conditions b) Fixed premium P&I conditions |
| Cover | |
| Hull examples | Total loss Damage to vessel Liability in connection with collision and contact Salvage Expenses |
| Liability examples | Personal injury (passengers, crew, third party) |
| Additional cover | War, machinery, ice, defence, loss of hire, and other extended cover products. |
Helping you sleep at night
Accidents that cause loss of revenue or business interruption can be disastrous for small craft operators. Knowing that your insurer has the financial strength to pay claims promptly is a key element to good service. With the highest security rating in the market, and assets of over USD 1 bn, we have the financial strength to offer the best and most flexible small craft insurance products, and the ability to pay claims promptly. These attributes combined with our depth of expertise and breadth of cover mean that we offer the highest quality service - one that our clients can rely on.
Our comprehensive service includes:
- Access to a dedicated team of small craft specialists
- 24 hour help - 7 days a week
- An established network of surveyors and inspectors
- Crisis management help for crew and other parties
- Experienced loss adjustment, risk assessment and technical services
- Loss prevention advice
- Risk prevention seminars and education
Better safe than sorry
Not all small craft operators face the same risks, and they require different types of insurance, which is why we offer a range of different and tailor made cover solutions.
Knowing what your costs are is also important for operators and owners of small craft, and we provide fixed premiums for both Hull and P&I cover. For vessels up to 1000 GT and/or carrying up to 100 passengers, we can offer limits of USD20 or USD50m for P&I, and up to USD5m for hull insurance. Our mutual P&I cover option for those owners that need this more extensive cover has historically, on the back of our solid financial platform, also proven to be very competitive and predictable in terms of costs.