Catlin is a market leader in Marine Liability insurance. This product was one of the first lines of business written by Catlin, and today the account encompasses a variety of Marine Liability risks.
Areas of expertise include:
Protection and Indemnity (P&I)
P&I is a key component of the account. Catlin leads the International Group of P&I Clubs reinsurance programme which covers 90% of the world’s ocean-going tonnage. Catlin also insures P&I risks which fall outside of the International Group reinsurance programme. Such risks may include vessels which are not entered with a P&I club or specialised ‘non-poolable’ P&I risks which are not covered under P&I insurance.
Ports and Terminals
Catlin insure ports and terminals throughout the world and offer coverage for liabilities and property damage.
This specialised area of marine insurance is often written as an excess of loss reinsurance for P&I clubs, but can also be offered directly to charterers.
Catlin insures several ship repair facilities.
We also write niche lines of marine liability business which include pollution, marine PI, cargo liabilities and maritime employers liability.
Marine Liability coverage
Given the international nature of the shipping industry Catlin insures vessels, ports and ship repair yards throughout the world. Risks are written on both a primary and an excess of loss basis. Catlin uses its knowledge and experience within this class of business to provide tailored coverage for a range of international clients.
Expertise in Marine Liability
Our Marine underwriters have a wealth of experience and knowledge of the markets in which they operate. We have Marine teams based in the UK, Europe, Canada, Asia, Australia and the US.
We write business to Lloyd’s and Catlin brokers and we have excellent relationships with the broking community. We offer flexibility and availability to brokers, together with fast response times and an excellent claims service.
Our claims teams are experienced and we benefit from industry-wide recognition for our service through the Gracechurch Claims Monitor study of London brokers.