Marine Services Liability Insurance

Cargo loss, hull damage, storage accidents

The Marine industry faces a host of unique challenges whether your operations are based inland or at sea. Chubb’s Marine Services Liability package (MSL) offers comprehensive insurance solutions that covers your business against a range of liabilities.

Market Specialisation

Coverage highlights

Chubb has a broad appetite to write a wide range of risks for contractors performing maintenance tasks commonly performed by a ship repairer including vessel manufacturing.

Our target market also includes Marina operators who perform services on vessels including but not limited to the provision of:

Berths and moorings
Fuelling
Storage
Boating equipment
Cleaning
Lifting/carrying equipment
Slipway operations
Boating information

What it covers

Chubb’s MSL Insurance provides cover for your business from standard liability exposures, including legal liabilities for personal injury and third party property damage. It also incorporates Ship Repairers liability coverage for contractors that perform maintenance work and those involved in the manufacturing of marine vessels.

Third-party personal injury

Damage to property including a vessel and vessel parts

Removal of wreck expenses resulting from property damage to a vessel

Consequential losses

Damage to vessel machinery, parts or equipment removed ashore

Property damage to cargo on or discharged from vessels

Damage occurring during testing and commissioning – sea trials

Payment of defence costs related to liability covered by the policy

benefits

This policy is designed to be an effective risk transfer solution for marina operators and contractors that will bridge the gap between General Liability cover and Ship Repairers cover required for standard clauses.

Insights

Cargo Insurance

We draw upon our experienced underwriters to create bespoke solutions for a wide variety of shipping needs. Our Cargo product is supported by an in-house risk management team of specialist surveyors and loss control advisers together with an experienced team of claims adjustors.

Marine Hull & Specialty Insurance for the Commercial sector from Chubb, customisable specialist cargo products to tackle industry risk exposures

This webpage is intended to provide only a general description of the products and associated services offered by Chubb. Any advice on this webpage is general only and does not take into account a potential purchaser’s objectives and financial situation or needs, or the prevailing laws and regulations in the relevant jurisdictions. Please review the relevant Product Disclosure Statement or the QFE Disclosure Statement (where applicable), and the relevant policy wording and consider whether the advice is right for you including the full terms, conditions and exclusions of the relevant policy( ies ). Coverages are underwritten by one or more companies of the Chubb Group. Not all coverages are available in all countries where Chubb operates. This webpage is neither an offer nor a solicitation of insurance or reinsurance products. Potential purchasers should contact their local broker or agent for advice. ©2017 Chubb Insurance New Zealand Limited, Company No. 104656; Financial Services Provider No. 35924. Chubb®, its logos, and Chubb.Insured.SM are protected trademarks of Chubb.