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Hull - Mortgagees Interest

Our coverage indemnifies the mortgagee (relating to a hull and machinery policy) for outstanding monies due to them in the event of non payment of a claim following a breach of warranty by the operators of the vessel.

What we offer

We will pay these losses

Outstanding money (loans and interest) due to mortgagees as outlined above. All subject to the terms and conditions of the actual policy.

Limits available

Up to US $75,000,000

Who we can help

Financial institutions involved in the maritime industry

WHERE IS THIS OFFERED?

Worldwide

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better.  A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond.  Simply put, at  Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team.  Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Your Beazley Team

Kwang Hoon Song

Kwang Hoon Song

Regional Head of Hull & War

Singapore

+65 6597 2632

Email Kwang

Ping Ping Lim

Ping Ping Lim

Regional Head of Hull & War

Singapore

+65 6597 2626

Email Ping

Siew Ping Lim

Siew Ping Lim

Claims Manager

Singapore

+65 6576 6287

Email Siew