Marine Hull & Marine Liability Insurance

Allianz Global Corporate & Specialty (AGCS) provides ship-owners/ship managers with Hull & Machinery (and associated coverage IV, LoH, WAR) insurance for all types of blue- and brown-water ships including mega yachts.

 In addition, we provide shipbuilders with coverage for the various perils faced during the construction or conversion of vessels.

We also offer comprehensive global cover for primary and excess marine liability, as well as specialty liability products for marine operations and employees.

Product description

Our risk consultants, marine engineers and master mariners provide technical expertise and risk control solutions to reduce risk. Chief among these is our hull and machinery insurance to cover physical damage to equipment and vessels. We also offer risk consulting surveys, helping our clients to understand their risk exposures.

We can offer tailor-made insurance policies to all types of vessels and marine equipment, including but not limited to:

  • oil and gas tankers
  • container vessels
  • bulk carriers
  • passenger vessels
  • tugs and barges
  • offshore support vessels
  • mega yachts
  • towboats
Risks covered

With a worldwide claims network, we can respond whenever and wherever loss occurs.

What's more, our market-leading capacity allows us to manage marine risks of all types and sizes.

  • Hull & machinery
  • Hull interest and freight interest
  • Loss of hire
  • War risks
  • Builder's risk
Product description

Take out marine liability insurance with us and you'll gain access to a multidisciplinary team of risk consultants, marine engineers and master mariners. You'll also benefit from our market-leading capacity and a flexible approach to underwriting and claims handling.

Our marine insurance solutions include risk control program development and implementation, crew and operator safety training, and vessel, condition and loss-prevention surveys. 

We work with a wide range of marine clients from across the globe, from logistics and multimodal transport operators to marina operators, vessel charters and shipbuilders.

Risks covered
  • Marine general liability
  • Marine employer’s liability
  • Protection and Indemnity (P&I) and related coverages (selected countries only)
  • Marine excess liability
  • Bumbershoot
  • Charterer’s liability
  • Ship repairer’s liability
  • Terminal operator’s liability
  • Wharfinger’s liability
  • Stevedore’s liability
  • Port & terminals including marine property
At AGCS we offer coverage for blue water, brown water, pleasure craft, builder's risk and marine liability (including marine property), with a particular focus on:
  • Chemical/product/crude oil tankers
  • LNG/LPG/LNP carriers
  • Offshore supply/support vessels
  • Bulkers
  • Container vessels
  • Cargo carriers
AGCS will consider every risk on its own merit. Capacity and coverage offered to individual clients subject to hazard, Nat Cat exposure, grading, terms & conditions.
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.

Allianz Risk Barometer

  1. Fire, explosion (29%) - 2022 rank: 3 (25%)
  2. Changes in legislation and regulation (25%) - NEW
  3. Cyber incidents (25%) - 2022 rank: 4 (23%)
The Allianz Group offers a wide range of products, services, and solutions in insurance and asset management and operates as an international insurer on almost every continent.
With our worldwide network, Allianz Global Corporate & Specialty (AGCS) is one of the very few global insurers with an exclusive focus on the needs of global corporate and specialty clients.