Marine

MARINE LIABILITIES

We act to identify the liability issues facing our Clients and to develop various responses in any potential situation, both for single contracts and multi sectional packages. The liability risks we can handle (but are not limited to) include:

  • Ship repairers liability
  • Charterers liability
  • Marina operators liability
  • Pollution liability
  • Stevedores liability
  • Freight and transport liability

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AQUACULTURE

Our technical knowledge, experience, and support from experts within the Aquaculture Industry allows us to constantly develop and manage Aquaculture programmes and policies that are tailor-made to meet the needs not only of the individual fish farmer but also investors within this growing industry.

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CARGO & SPECIE

Our expertise enables us to offer wider solutions such as combined packages that include cargo, marine war, war on land, strikes and terrorism risks as well as liabilities.

We handle all types of cargo and stock throughput policies, storage risks and marine consequential loss policies.

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HULL & MACHINERY

Our globally integrated marine teams are structured to provide highly personalised service while offering world class solutions to the many challenges of marine risk management. We have forged strong and well established relationships with the marine hull market Worldwide which include London, France, Norway and the Far East. We also work closely with all of the P&I providers  within the IGA and Fixed providers. The risks we can handle (but are not limited to) include:

  • Hull and Machinery / Protection and indemnity
  • War and Terrorism / Marine Kidnap & Ransom
  • Charterers default (subject to market capacity)
  • Builders risks and Loss of hire

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MARINE CLAIMS

A reliable and efficient claims service is at the heart of all successful and trusted insurance businesses, and at HW Wood we have dedicated claims staff experienced in all categories of Marine claims. Unlike many other brokers, where claims are farmed out to overseas offices or even outsourced, all claims are handled within HW Wood’s London office providing ready access to London market underwriters and constant liaison with the placing department.

Our claims experts form an integral part of the front line broking service and sit with them. Even in an age when virtual teams are becoming more and prevalent, the HW Wood approach still facilitates the fastest and most effective transfer of knowledge between team members. We at HW Wood offer a personal approach to handling the client’s needs including advice on any aspect of their claim or coverage provided by their insurance policy 24 hours a day 7 days a week. We care about our clients above anything else.

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PORTS & TERMINALS

The basic coverage in a comprehensive Port package includes:

♦  All risks for damage to Port property and equipment.
♦  All risks to Port craft.
♦  Business Interruption.
♦  Third Party and Legal Liability to third parties in respect of bodily injury, death and property damage arising out of the assureds activities.
♦  Errors and Omissions.
♦  Fines and Penalties.
♦  Contractual Liability.
♦  Removal of Wreck.

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YACHTS & PLEASURE CRAFTS

We can arrange Hull & Machinery and Increased Value coverage, including Liabilities, for Yachts worldwide (including foreign flagged vessels).

Hull & Machinery up to values of USD 250,000,000.
Increased Value.
Protection & Indemnity.
War Risks.
Medical Payments, Uninsured Boater, Personal Effects.
Private Pleasure Only, Skipper Charter.
Fine Arts and Antiques.
Cash on Board.
Medical and Personal Accident for crew and guests.
Small Pleasure craft arranged under bespoke facilities – vessels valued from GBP 10,000 to GBP 2,000,000.

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