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.