Marine Builders Risks

The modern shipbuilding industry is constantly meeting the challenges presented by a dynamic shipping industry. The trend is to build larger capacity container vessels, wind and sail assisted vessels, fuel efficient vessels and even vessels powered by nuclear fuel. This means that the ship builder requires more sophisticated equipment. facilities and consequently should have a builders risk policy to match.

Whatever sector of the shipbuilding industry you are engaged in, we have the experience to arrange a shipbuilder’s programme suitable to your needs, from keel laying through fabrication and until final delivery.

Our familiarity of the major Underwriters in this class of risk and access to the key markets in London, Europe, Asia and Scandinavia ensures that we are able to access capacity for shipbuilding projects of all sizes.

For those engaged in the Energy sector, we have access to the insurance markets that deal primarily with construction insurance for rigs, offshore platforms and FPSO’s and can assist with your insurance needs.