Our specialist insurance allows our clients to recover costs that arise from loss or damage, so they avoid or minimise them (known as ‘sue and labour’). Hull & Machinery insurance also covers the costs of salvage and general average, as well as liabilities to third parties involved in a collision. No matter which business sector a client is in, or where they operate, Lockton Marine has the experience and market influence to secure the best value terms and premium for vessels and equipment. We are well used to developing bespoke solutions to handle all kinds of complex risks.
Hull & Machinery
If a vessel or equipment is lost or damaged, the consequences can be expensive and complex. Lockton Marine’s Hull & Machinery risk experts help clients manage these risks.