Builders' Risk
We provide shipbuilders with coverage for the various perils
faced during the construction or conversion of vessels. These will
typically include such risks as sea trials, third party liability
during construction, and removal of wreck.
We will pay these losses
Physical loss of or damage to the vessel during construction and
associated liabilities whilst the vessel is under shipbuilder's
care and control. All subject to the terms and conditions of the
actual policy.
Limits available
Up to US $50,000,000
Target market
Shipbuilders
Key territories
Worldwide but Europe in particular.
To offer a quotation, we require fleet details and a claims
record.