What we offer
In a world of growing perils, the Beazley marine team is a recognised leader in marine related war risks. We provide competitive quotes across a broad spectrum of coverages including institute war and strikes clauses, American and Norwegian forms and a variety of other conditions either including or excluding piracy.
Up to US $75,000,000
How can we help
We offer bespoke coverage depending on the individual requirements of the insured. Both standard and non-standard covers are offered for nearly all types of marine related war risks in a variety of locations worldwide.
Who we can help
The Beazley Difference
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.
Examples or Scenarios
A ship’s hull is damaged while being towed in poor weather, triggering a claim for physical damage. Our marine claims team is available around the clock to respond and immediately notifies our in-house marine engineer. Our highly experienced engineer makes contact with the ship owner and assesses the risk remotely and works with the Beazley claims manager to organise a tug to get the damaged ship to safety. Having in-house resources to assess and manage the claim enables us to act swiftly in identifying the cause of loss and managing claims costs and ultimately resolving the client’s claim.
The descriptions contained in this communication are for preliminary informational purposes only. Coverages can be underwritten by Beazley syndicates at Lloyd’s or Beazley Insurance dac or Lloyd’s Insurance Company (“ Lloyd’s Brussels”) and will vary depending on individual country law requirements and may be unavailable in some countries. The exact coverage afforded by the products described in this communication are subject to and governed by the terms and conditions of each policy issued. For more information visit https://www.beazley.com/london_market.html