Tailored Insurance Solutions for Complex Maritime Projects
With the increasing global demand for liquefied natural gas (LNG) and the advancements in Floating Liquefied Natural Gas (FLNG) technology, we offer specialized insurance solutions designed to address the unique challenges of these complex operations.
Builder’s Risk and Multi-Yard Coverage
We offer Builder’s Risk insurance to cover the construction of vessels and offshore facilities, protecting against damage or loss during the building phase. For projects involving multiple shipyards or locations, our policies extend to provide Multi-Yard/Location Coverage, ensuring protection across all operational sites.
Cargo and Delivery Voyage Insurance
Our Cargo Insurance safeguards valuable materials and equipment during transportation to and from shipyards.
Hull and Machinery
We offer comprehensive hull insurance to protect against physical damage to vessels, including FLNG facilities and LNG carriers, ensuring your assets are secure during construction and operational phases.
Marine Liabilities
We offer comprehensive Marine Liability Coverage, addressing third-party risks, including damage to surrounding infrastructure, pollution incidents and other liabilities unique to the marine and offshore industries.
Offshore Element Coverage
Offshore operations require specialized insurance for key infrastructure components. This can include mooring spread and hook-up coverage as well as testing and commissioning.
Operational Cover
Once vessels or facilities are in service, we provide Operational Cover to protect against the risks inherent in ongoing operations, ensuring the longevity and safety of your offshore assets.
Protection & Indemnity (P&I) Coverage
Our P&I policies provide liability protection for LNG carriers, covering risks such as pollution, crew injuries and collision-related liabilities which are critical to maintaining smooth marine operations.
Upstream, Midstream, and Downstream Coverage
We provide protection throughout the entire oil and gas life cycle, from upstream (exploration & production), midstream (gas processing and transportation) and downstream (refining and distribution).
War and Piracy Risk Insurance
Operating in high-risk areas exposes your assets to geopolitical risks. Our War Insurance, including coverage for piracy, provides financial protection in the event of political unrest, terrorist attacks, or piracy incidents, securing your vessels and crews in volatile regions.