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Marine Insurance

Overview

The marine, shipping and logistics industries are the lifeblood of the global economy and present a range of risks that are diverse in nature. Perhaps more than any other area of commerce, these sectors rely on insurance to keep moving. Every link in the chain - from port and terminal operators, vessel owners and managers, to manufacturing, shipping and logistics companies - is exposed to both natural and manmade perils. Nobody understands marine insurance better than Chubb: we cover the globe. Our London-based underwriting team at Chubb Global Markets are also able to access our well established worldwide network where required, including the skill, knowledge and experience of local underwriters, risk managers and claims personnel to deliver an unparalleled service across the marine insurance spectrum.

Chubb Global Markets’ highly experienced team of underwriters providing bespoke marine insurance coverage for a wide variety of shipping and transportation interests;

We are an internationally recognised market leader in all of our chosen areas of marine insurance, and offer products written on Lloyd’s or company paper, both providing highly rated financial security;

Our marine insurance products include standardised or customised cover and where appropriate, global solutions which include local policy issuance and multinational claims handling.

Products & Services
Products & Services

Marine Cargo Insurance

Our cargo insurance team offers a range of cover that includes physical loss or damage events such as: theft, pilferage or hijack; handling and transit damage; loss resulting from vehicle, vessel or aircraft damage including total loss and more specialist cover such as damage to critical parts during transit and resultant delay in start-up for large projects. 

Hull and Associated Risks

Chubb Global Markets offers cover for a wide range of marine commercial hull and machinery interests for both blue & brown water vessel operators, and for coastal and more specialist non-cargo type operations, including partial and total loss.

 

Marine Liability

Chubb Global Markets provides third party marine liability cover to various businesses active in the shipping industry, from ship repairers and charterers to port and terminal operators. 

Yacht Insurance

Owners of luxury pleasure craft and mega yachts benefit from the comprehensive insurance protection offered by Chubb Global Markets.

 

Fine art and Specie Insurance

Chubb Global Markets underwrite a range of fine art and specie risks through a specialist team based in London.  We offer products for both commercial and private interests covering valuable and often unique assets such as fine art, collectibles, cash, diamonds and precious metals, rare documents, stamps and coins.  

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