Marine Hull & Marine Liability Insurance for large businesses

Allianz Commercial provides ship-owners/ship managers with Hull & Machinery (and associated coverage IV, LoH, WAR) insurance for all types of blue- and brown-water ships.

 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
  • 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 liability insurance provides comprehensive coverage, mitigating risks associated with maritime operations and vessel ownership:
  • 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
Actively growing
Our aim is to expand in the following areas:

Blue Water Hull:

 
  • Chemical / Product / Crude Oil Tankers
  • LNG / LPG / LNP Carriers
  • Offshore Supply / Support vessels
  • Bulkers
  • Container vessels
  • Cargo carriers

Marine Liability (Including Marine Property):

 
  • General Marine Liability
  • Port & Terminals including Marine Property

Specialized binders and facilities (e.g. super yachts, brown water, etc.)

Coverage
Options of coverage:
  • Blue Water
  • Brown Water
  • Pleasure Craft
  • Builder’s Risk
  • Marine Liability (Including Marine Property)
Cautious
  • Fishing Vessels
  • Livestock carriers
Allianz Commercial 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 locations. This is for your general information only.

1. Fire, explosion (34%) - 2023 rank: 1 (29%)

2. Natural catastrophes (30%) - 2023 rank: 4 (23%)

3. Changes in legislation and regulation (23%) - 2023 rank: 2 (25%)