Marine professional indemnity insurance is designed to protect a wide range of organisations and professionals involved in the marine industry. Ship Agents, Ship Managers, Consultants, New Building Supervisors, Marine Surveyors/ Consultants, Logistics Consultants, Naval Architects, P&I Club Correspondents, Marine Loss Adjusters, Yacht Brokers etc. are supported by Lloyd’s 100%.

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Main features:

  • Third-party legal liability

    Professionals may cause an accident to a party with whom there is no contractual relationship and any claim which may arise will be attributable to loss or damage to third party property and/or 3rd party death/injury. Taking into consideration that most of professionals have a physical presence and carry out their daily services nearby high-valued vessels, the need of this insurance cover is extremely important and a valuable asset to them.

  • Professional Liability/ Errors and Omissions (E&O)

    This section covers negligent performance of your Insured Services, which may cause financial loss to your Customer, non-deliberate breach of warranty of authority, misdirected claims against you as an agent, as well as a fraud of staff. Moreover, it is an additional advantage and an entry requirement in case you are a member of a trade association.

  • Cost & expenses

    associated with a Claim (e.g. surveyor’s fees, legal costs etc.)