Lockton’s dedicated, in-house team of marine specialists can help you mitigate against these evolving risks by designing bespoke, comprehensive insurance and risk management solutions for your marine hull, cargo and liability exposures. We have local experts in offices around the world, so wherever your business takes you, there’s always a Lockton specialist to advise you.

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Marine

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Protecting your marine business from the unexpected

Amid changing regulations, rapid technological advances and new environmental standards, the maritime and logistics industry is facing unprecedented disruption. This brings both opportunities and threats for those in the industry.

Lockton’s dedicated, in-house team of marine specialists can help you mitigate against these evolving risks by designing bespoke, comprehensive insurance and risk management solutions for your marine hull, cargo and liability exposures. We have local experts in offices around the world, so wherever your business takes you, there’s always a Lockton specialist to advise you.

Our highly-experienced advisers have a comprehensive knowledge of the sector and established relationships with the world’s leading maritime insurers, including Lloyd’s underwriters and leading protection and indemnity clubs. This makes us uniquely positioned to secure the most effective and competitive cover on the market; matching both your needs, and your aspirations.

What we cover

  • Hull and machinery

  • Hull interests/increased value/freight

  • Loss of hire/loss of revenue/trade disruption insurance

  • Protection and indemnity

  • Freight demurrage and defence

  • Charterers’ liability

  • Marine general liability

  • Bumbershoot liabilities/marine umbrella/excess liability

  • Port authority/terminal operators’ liabilities including wharfingers/stevedores liability

  • Port authority/terminal operators’ property, equipment and business interruption

  • Marine employers’ liability and U.S. longshoreman and harbour workers

  • Builders’ risks insurance/ship repairers’ liability

  • War and terrorism cover

  • Yacht insurance and race cover for professional sailing teams

  • Mortgagees’ interest/mortgagees’ additional perils

Who we work with

Whether you own a single vessel, or a multinational fleet, we’ll find the right cover for you. Our experienced team works closely with a wide range of clients, including ship owners and operators, charterers, marine contractors, equipment lessors, institutional investors, port authorities, terminal operators, marina operators, owners of super yachts, ship builders and ship repair yards.

Cargo and logistics services

From fine art, to food and drink – whatever freight you work with, our in-house cargo specialists will help you safeguard it with a range of risk and insurance solutions.

Find out more

Our team

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Michael Reynolds

Head of Marine
michael.reynolds@lockton.com

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David Ripton

Head of Marine & Cargo
David.Ripton@lockton.com
+44 207 933 1404

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Robert Waterson

Account Executive
robert.waterson@lockton.com

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Dominic Enderby

Account Executive
dominic.enderby@lockton.com

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Stuart Anderson

Europe Contact
stuart.anderson@mt.lockton.com

News and Insights

In this latest update, Lockton’s Retail Insurance experts analyse how the insurance industry can help alleviate some of these issues, including potential opportunities to reduce General Liability costs, exciting opportunities for Cyber insurance buyers, and more.Retail Insurance Market Update - Q2 2023

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The Law Society has recently released new guidance addressing the impact that climate change presents to the delivery of legal services. Solicitors should be aware of this changing landscape and its potential impact upon their organisations, as well as on the legal advice they provide.The Law Society has recently released new guidance addressing the impact that climate change presents to the delivery of legal services. Solicitors should be aware of this changing landscape and its potential impact upon their organisations, as well as on the legal advice they provide.

Tech advancements set to reshape asset managers’ risk exposures

A new FCA discussion paper has raised the prospect of significant changes to the governance framework for UK asset managers in the years to come. Among the aims of these changes is to facilitate technological development, innovation, and the use of data within the sector. Discussion remains at an early stage, but affected firms should ensure they understand the changes and the potential implications for their risk exposure.A new FCA discussion paper has raised the prospect of significant changes to the governance framework for UK asset managers in the years to come. Among the aims of these changes is to facilitate technological development, innovation, and the use of data within the sector. Discussion remains at an early stage, but affected firms should ensure they understand the changes and the potential implications for their risk exposure.

UK Finance Mortgage Lenders’ Handbook: risks and obligations under Part 3

With changes occurring in the mortgage market regularly, it’s important for solicitors to stay on top of the latest information to ensure compliance, and to avoid unnecessary delays during a property transaction. Amid a deepening cost-of-living crisis, mortgage lending is a shaky business for all involved, including conveyancing firms.With changes occurring in the mortgage market regularly, it’s important for solicitors to stay on top of the latest information to ensure compliance, and to avoid unnecessary delays during a property transaction. Amid a deepening cost-of-living crisis, mortgage lending is a shaky business for all involved, including conveyancing firms.
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