Moscow
Exchange rate
USD
91,71
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99,34

Marin insurance

Risks covered:

  • Hull & Machinery;
  • Freight Insurance;
  • Cargo Insurance;
  • Shipowners and charterers liability insurance (P&I)

Vessels and cargoes are insured on the basis of standard conditions (clauses) developed by the Institute of London Underwriters.

The maritime industry today faces many challenges and risks, including delays, re-routing, environmental and military risks. Operating under conditions of such uncertainty requires high adaptability and competent risk management from shipowners, charterers, operators of ports and terminals, as well as logistics companies and the shippers. Choosing the right risk mitigation strategy and tailor-made insurance help to minimize marine losses.