We can provide you with the following insurance products to protect your boat and yacht builders business.

Yacht builders risk insurance. There are a variety of exposures in the Builders Risk field. For more details click here to download the Builders Risk insurance brochure. The claims prompted insurers to take corrective measures as such losses could not be sustained by the relatively small builders risks insurance market.

We are experts in our industry and take a personal approach to your business needs. Builders Risk Insurance is a policy purchased by ship builders and contractors to cover a newbuilding project before the owner takes possession. You could be building in a dry dock or a shed repairing specific damage in your own work yard or while the vessel is.

This can include damage to the building under construction as well as the building materials and equipment awaiting installation on-site or for damage while in transit. Wind Hail and Flood. In particular the fire on board the DIAMOND PRINCESS triggered a greater interest in yard safety security and loss prevention management methods and.

Marina operators boat dealers premier boat buildersmanufacturers yacht brokers and yacht clubs must protect against risks that can occur both in water and on land. Factors contributing to this. It applies for boats that are currently in the process of building.

Operating from major industry hubs such as Hamburg London New York Singapore and Paris our specialist teams include master. Securing the right coverage to protect against ocean marine risks is critical. The policy is based on the London MarCAR wording with some extra cover that weve designed to meet your risks.

Our standard Builders Risk policy covers commercial hull builds within New Zealand from the start of building to when you hand the vessel over to its owner. Coverage can be placed for the builder or owner of the vessel and insures against physical loss or damage to the vessel and collision liability and protection and indemnity exposures during sea trials and delivery. Liability Coverage including General Liability Pollution Liability Marina Operators and Ship Repairers Legal Liability Protection Indemnity.