MARINE INSURANCE
We are a world first, intelligence-led, disruptive insurance broker with one clear guiding principle: we put our clients first.
Our disruptive approach to insurance buying allows us to offer considered and competitive insurance solutions, along with dedicated support for any claims that occur. We have a global network which enables us to deliver local expertise at country level and market knowledge in the local language.
While we understand price is important, our main priority is providing you with the assurance that your insurance cover will protect you in the event of a claim. We will work with you to provide a policy that is tailored to your needs and be there every step of the way to guide you through the process.
Products we offer include Hull & Machinery, Increased Value and Loss of Hire. These products can be tailored to your needs, no matter the size of the fleet. These insurances protect the owners’ commercial interest on the vessel. It includes cover for Total loss, Partial losses, and collision liabilities. Further to this, extensions to cover can include Loss of Hire which covers the loss of income following physical damage to the vessel. This allows for owners to protect cash flow in the event of a casualty.
We work with Owners, Managers and Charterers to assist them in placing and managing their Protection and Indemnity, Charterers Liability and Legal Costs insurances, along with other covers associated with liabilities related to the operation of vessels.
Our long-established relationships with all providers within the International Group of P&I Clubs and Fixed Premium markets are fused with Ambrey’s advisory and intelligence offerings, enabling us to provide added value that is unique in the marine insurance broking market.
The Marine War product allows owners to protect their interest from War perils that have come about through globalisation and the need for increased trade worldwide. War insurance includes cover for loss or damage to Hull or freight interests, not limited to but including Total loss, Partial losses, War P&I, detention, and collision liabilities. Trading within certain parts of the world will attract additional premiums in line with JWC listed areas and having protected more ships than any other company with over 20,000 successfully completed armed transits, plus the largest global support footprint and number of maritime security personnel across the globe, Ambrey can guide you through this process.
Piracy, including armed robberies, kidnap for ransom and hijackings, poses a pervasive challenge for the maritime industry. It can cause immediate impacts and long-term trauma for crew members and their families, as well as major disruption to your business operations.
The Gulf of Guinea continues to account for a significant percentage of all marine kidnappings reported globally, with risk areas spanning East and West Africa. The Indian Ocean also represents considerable risk to crews and transits, within exposed shipping channels.
Ambrey’s K&R team have a wealth of knowledge and experience and provide access to market leading K&R insurers as well as access to our in-house crisis management team who will assist to resolve the incident successfully.
We realise that when you experience an event that could lead to a claim, it can be challenging, and you want to know your broker is there to support you. Our highly trained staff are there to support you through your claims journey, aiming to make it as seamless as possible.