hull insurance covers physical damage to the ship or vessel itself, including its machinery and equipment. This coverage is essential for shipowners, protecting against hazards such as collision, fire, piracy, and weather-related damages.

also known as Protection & Indemnity (P&I), liability insurance provides coverage for the shipowner’s legal liabilities arising from the operation of the ship, such as damage to cargo (not covered under cargo insurance), injury, or death of crew members or passengers, and environmental pollution.

the shipper or carrier is protected against the loss of freight revenue that would not be earned due to lost or damaged cargo. It is particularly relevant for shipping companies and charterers.

given the unique risks posed by armed conflicts, war risk insurance offers coverage against damage or loss caused by war-related perils, including strikes, riots, civil commotions, and terrorist acts that are typically excluded from standard policies.

this type of insurance provides compensation to the shipowner for loss of income when a vessel cannot be operated due to covered damage or peril, ensuring financial stability during repair or recovery periods.

ailored policies for your specific needs, covering different aspects such as hull insurance, cargo insurance, and liability coverage, allowing you to choose the coverage that suits your operations.

in the event of a covered loss, marine insurance helps businesses maintain financial stability and continue operations by providing compensation for the damages incurred.

provides protection against financial losses resulting from various risks such as damage to the vessel, cargo, or liability for third-party injuries and property damage.

offers coverage for vessels navigating international waters, providing a broad scope of protection for businesses engaged in global trade.

Protection and Indemnity (P&I) is a type of insurance that shipowners purchase to cover the potentially huge costs of any harm they accidentally cause to people, property and the environment. 
As liabilities for injuries, cargo loss, collisions and pollution can far exceed the value of a ship, shipowners have found since the 19th century that the most cost-effective way of buying P&I cover is through not-for-profit clubs of like-minded shipowners. 
All shipowners who use their vessel for business or transportation, or for transporting passengers, workers, or cargo across international seas, must carry P&I insurance. To enter ports around the world, the master must provide a 'certificate of entry' given by the shipowners' respective P&I club, demonstrating their insurance to the port authorities.

Insurance brokers are responsible for helping customers and clients find the right insurance coverage for their specific circumstances. They do this by examining the needs of each individual client and searching through policies offered by different insurance companies to find the right policies and the right prices.

Yacht insurance is an insurance policy that provides indemnity liability coverage for a sailing vessel. It includes liability coverage for bodily injury or damage to the property of others and damage to personal property on the vessel. Depending on the insurance provider, this insurance could also include gas delivery, towing, and assistance if your yacht gets stranded.

There are two principal sections of a yacht insurance policy.
Hull insurance
Hull insurance is an all-risk, direct damage coverage that includes an agreed amount of hull coverage. That amount is settled on when the policy is written, and in the case of a total loss it will be paid out in full.8 In addition, there is replacement cost coverage on partial losses, though sails, canvas, batteries, outboards, and sometimes outdrives are not include and instead are subject to depreciation.9
Protection and indemnity (P&I)
Protection and indemnity (P&I) insurance is the broadest of all liability coverages, and because maritime law is particular, you will need coverages that are designed for those exposures. Longshore and harbor workers’ coverage and Jones Act coverage (for the yacht’s crew) are included and important, because your losses in these areas could run into six figures. P&I will cover any judgements against you and also pays for your defense in admiralty courts

Boat insurance may help cover a motorboat, sailboat or personal watercraft if it's stolen, in an accident, or damaged by a covered peril like fire or lightning. Boat insurance may also help protect you if you accidentally injure someone or damage their property with your boat. Your policy may cover parts of the boat including:
Machinery
Permanently attached equipment
Fittings
Furnishings
Hull