Superyacht Insurance

The design, capabilities, furnishings and works of art on board all reflect the individual tastes of their owners, as do the leisure activities for which the yacht is equipped. Additionally the crew’s accommodation, at times found on a shadow craft, all mean that the owner’s individuality has to be reflected in the coverage that is created for them. Through our close relationships with some of the leading industry players for this class of risk and can provide special facilities for a yacht of any value. We make it our priority to establish the specifics of the client’s yacht and its activities and develop a bespoke coverage which brings the client the same security and quality of service that we have offered our major shipping clients for many decades. We can advise owners on the various clauses utilized for providing coverage for damage and associated liabilities and tailor these wordings to reflect the specific trade and operations of these unique assets. We can also advise on the building and conversion exposures associated with yachts, which is a specialist area in itself. We also have significant experience in handling unique yacht claims from major damage to total losses.