War Risks

We offer insurance coverage to indemnify against physical ship damage resulting

from war-related risks,
as typical Hull & Machinery (H&M) and Protection and Indemnity (P&I) insurance
policies commonly exclude such losses.
Our primary objective is to provide the most extensive insurance protection to our
clients.
This typically encompasses damages or losses arising from the following events:

Acts of piracy.

Events of war, revolution, rebellion, insurrection, or other hostile actions.

The capture, seizure, arrest, restraint, or detainment of the vessel.

Incidents involving strikers, lockouts, or riots.

Acts of terrorism.

The confiscation of the vessel.

Expropriation of ship assets.

Encounters with abandoned or derelict military weaponry.

Instances of crew misconduct or negligence.

Ship Inspection

As policyholders, we greatly value the special ship inspection program as an

essential part of our loss prevention procedures.
Our primary goal is to collaborate closely and constructively with our insurer. The
development of various publications is a result of the feedback and experiences we
share.
We always aim to disseminate valuable information that helps our ship's Masters and
surveyors prepare adequately for upcoming inspections.
For our convenience, electronic copies of the standard pro-forms for ship Survey
Reports and Guidance Notes for Surveyors are readily available upon request.
It is essential to emphasize that Survey Reports should be issued exclusively by
Survey Companies approved by the Association.
In general reports from unauthorized survey companies will not be accepted by the
Association.
Upon receiving the Survey Report, the Association's Technical Department promptly
provides a list of necessary corrections that must be addressed by the Insured
within a specific timeframe.
Our commitment to maintaining high standards ensures that vessels under our
coverage remain safe and compliant.

Weather warnings

At our organization, our team of expert Master Mariners is dedicated to closely

monitoring weather systems with the potential to intensify into hurricanes,
typhoons, or severe storms.
Their vigilant and meticulous tracking ensures that we are always well-prepared to
address any weather-related challenges that may arise.
We prioritize the safety and peace of mind of our valued insured clients. That's
why we extend the opportunity for you to subscribe to our specialized weather
bulletins.
These bulletins are specifically crafted to provide you with timely and crucial
weather warnings.
Our aim is to keep you well-informed and secure when faced with adverse weather
conditions, empowering you to make informed decisions that safeguard your assets
and interests.
Count on us to be your trusted partner in navigating the unpredictable waters of
weather-related risks

Loss of Hire

Loss of Hire insurance for ship owners:

This policy provides coverage for the loss of income resulting from physical damage
to the vessel, which can be recovered from the underlying hull & machinery cover.
This insurance helps ship owners safeguard their cash flow in the event of an
accident. It includes coverage for income loss due to the following incidents:
Physical obstructions preventing the ship from leaving a designated area
Salvage operations
General Average events
Grounding incidents
Removal of damaged cargo from the ship
Loss of Hire insurance for time charterers:
This insurance is designed to cover the loss of hire experienced when the vessel is
seized by pirates.