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Marine

We offer extensive market knowledge along with a flexible and proactive claims service. Our in-depth understanding of commercial marine insurance, combined with our lead capability, enables us to provide our clients with comprehensive and competitive risk solutions. As one of the most experienced marine insurance companies, we take pride in our ability to understand and underwrite even the most technical and complex of risks.

The Environment

The industry is starting the transition to alternative fuels in response to the challenge of climate change. At the same time, ship and shoreside technological innovation driven by digitisation and automation offer great potential. Seafarer welfare is also at the top of the industry's agenda and needs to be addressed at pace. While geopolitical upheaval is making the operating environment for shipping and supply chain management more complex and costly than for many decades.

The Risk

The rise of remote working and proliferation of technology as a means to conduct business mean that data protection systems and privacy policies need to be reviewed and updated in order to manage risk.

The Need

The Lloyd's market is a global hub for commercial marine insurance. As a leader in this market, Beazley delivers specialist advice, skilled in risk management, underwriting, and claims expertise. This enables the maritime industry to adapt to the rapidly changing geopolitical landscape, seize opportunities brought by digitization, and respond to the challenges of climate change.