Marine risks don’t end at the water’s edge. Whether our clients’ activity is in ports and terminals, commodity trading, marine and transportation consulting or marine construction contracting, we are expert in arranging solutions for a broad range of first and third-party risks.
Liability & Property
Marine risks do not end at the water’s edge. Whether our clients’ activity is in ports and terminals, commodity trading, marine and transportation consulting or marine construction contracting, we are expert in arranging solutions for a broad range of first and third-party risks.
Specialists in particular, unique or complex risks
We have specialist facilities built on our longstanding market relationships, which can provide capacity from A+ rated markets up to high limits. For particular, unique or complex risks, we can also access specialist facultative markets, allowing us to retain flexibility over clients’ cover and premium. We also provide comprehensive all risks property damage cover for all kinds of property, from buildings, warehouses, cranes and equipment to wharves, docks and other infrastructure.
Liability risks
Liability for loss of or damage to cargo and vessels at the Assured’s premises
Liability to third parties for bodily injury and property damage
Liabilities arising from ownership or custody of cargo
Liability assumed under contract
Broad liability including goods in the Insured’s care, custody and control
Excess/umbrella liability limits
Pollution liability
Removal of wreck cost
Bespoke reinsurance solutions for fixed premium P&I clubs
Mutual P&I club excluded risks (non-poolable)
Charterers’ liabilities
Customs liability
Consequential loss
Fines and duties
Errors and omissions
Legal expenses and defence costs
Professional indemnity
Ship repairers’ liability
Freight forwarders' liability
Maritime employers’ liability
Terrorism including nuclear or biochemical acts
Property risks
All risks property damage including business interruption/extra expense
Physical loss of a damage to property, all types of cranes and handling equipment (including breakdown)
Port craft Hull & Machinery and Protection & Indemnity coverage on port/terminal craft
Marine impact/port blockage
Warehouses and in-land depots
Hull and Machinery insurance on port/terminal craft
Business interruption
Contingent business interruption (suppliers and utilities)
Terrorism
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Lockton Marine have excellent knowledge of insurance markets and relationships with underwriters in our sector which allows them to provide a broker service that is tailored to our specific business needs. They are always available with advice and support
Group Insurance Manager
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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.
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