The Marine Trades policy was developed specifically for all types of marine businesses, from marinas, yacht clubs and boat yards, to production and semi-production boatbuilders, equipment manufacturers and boat dealers.

The property coverage includes damage to buildings, contents, moulds, equipment, tools, pontoons, lifting equipment, stock, vessels, vessels under construction, etc.

The liability coverage includes general third party, marina operators, manufacturers, boat repairers, products, lifting & storage, pollution and waterborne activities. It is also possible to extend this coverage to include employees on risks located in Spain. Coverage for business interruption and increased cost of working is also included.

Additional coverage for terrorism on any location worldwide is available under separate cover.

We also offer a specialist facility for custom & mega yacht construction that provides coverage for institute builders risk clauses and sea trials. Coverage can be extended to include owner-supplied equipment or fittings.

Employer’s liability coverage is available to cover all employees of our Marina and Marine Trades book of business in the United Kingdom. This coverage is flexible enough to be customized to each client’s employees and business, including GRP laminators and boat builders, welders, yacht riggers, boat demonstrators and instructors, berthing masters, emergency repairers on call out duties and employees whose work takes them abroad.