Yacht Protection and Indemnity cover - Lodestar … · Yacht Protection and Indemnity cover ... in...

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POWERED BY Yacht Protection and Indemnity cover

Transcript of Yacht Protection and Indemnity cover - Lodestar … · Yacht Protection and Indemnity cover ... in...

Page 1: Yacht Protection and Indemnity cover - Lodestar … · Yacht Protection and Indemnity cover ... in the yacht insurance market, our team recognises that yachts are different to other

POWERED BY

Yacht Protection and Indemnity cover

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Trading Documents

We can issue the following to ensure that your operation is unencumbered:

• Greek Liability Certificate

• Italian Blue Card

• Spanish Liability Certificate

• Bunker Convention Blue Card

• USA Certificate of Financial

Responsibility Letters (CoFR)

Fixed Premium

Being insured with a Fixed Premium provider allows you to move your insurance placement with ease at the expiration of the policy period should you so choose. No Release Call, no Supplementary Call, just certainty of cost!

Our Team

Our 14 strong team of ClaimsExecutives, Underwriters andSurveyors, boasts over 200 years of P&I experience drawn from working in P&I Clubs, Fixed Premium P&I Insurers, Ship Managers, Marine Insurance Brokers and Surveying Companies. Our claims team is on call 24/7 and has access to a global network of over 250 Correspondents, should you get into any difficulty or need assistance.

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SUPPORTED BY RSA

We are proud to work with RSA, renowned as a world leading multinational insurance group.

As one of the leading marine insurers in the world they offer over 300 years of experience in underwriting and protecting marine customers. In addition, their technical experts specialise in marine classes based in all key markets from as far afield as Canada and Scandinavia, to Chile and Singapore. RSA base their maritime business on three key areas:

“Our position as one of the world’s largest marine insurers is founded on the consistent delivery of innovation and bespoke solutions to our clients. With a network of experts reaching over 150 territories, we provide a comprehensive service to major brands on a truly global scale. As part of our marine offering, we are delighted to be in partnership with Lodestar.”

RICHARD TURNERGLOBAL MARINE DIRECTOR, RSA

• Understanding clients’ needs and tailoring their service to them.

• Delivering consistent results by focusing on quality and a ‘right first time’ culture.

• Handling claims promptly and efficiently thanks to dedicated Claims Handlers with overseas expertise.

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Lodestar was established in2012. Backed by RSA, other ‘A’ rated Insurance Companies and Lloyd’s of London Underwriters, it has developed into one of the main providers of Fixed Premium P&I.

Differentiating

With many years of experience working in the yacht insurance market, our team recognises that yachts are different to other ships we insure. This is why we treat them differently when it comes to cover and price, while maintaining our core values of service and security.

Cover

Our standard Terms and Conditionshave been enhanced to meet therequirements of Yacht Owners/Operators. The following forms partof the liability cover we provide asstandard, which can be tailored tosuit individual needs:

• Limit of liability up to USD 500,000,000• Illness, injury or death to crew, guests or third parties• Over-side activities (water sports)

• Use of tenders and other ship’s equipment• Collision damage• Removal of wreck• Pollution• War risks• Personal injury arising from uninsured boaters• No geographical trading restrictions• Chartering• Contractual liability• Regattas• MLC 2006 compliant

Non Standard Cover

In addition to our standard cover,the following can also be included:

• Legal Assistance and Defence Costs• Racing• Crew Personal Accident

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CLAIMS TEAM

Carl GillT: +44 (0)20 7068 8316E: [email protected]

Steven KirkT: +44 (0)20 7068 8305E: [email protected]

Richard LinacreT: +44 (0)20 7068 8306E: [email protected]

SURVEY TEAM

Richard LinacreT: +44 (0)20 7068 8306E: [email protected]

Ground Floor, Walsingham House35 Seething Lane, London EC3N 4DQ

T: +44 (0)20 7068 8300E: [email protected]

lodestar-marine.com

UNDERWRITING TEAM

Shiladitya BoseT: +44 (0)20 7068 8312E: [email protected]

Charles DymokeT: +44 (0)20 7068 8315E: [email protected]

John HearnT: +44 (0)20 7068 8309E: [email protected]

Matthew HuntT: +44 (0)20 7068 8310E: [email protected]

James KentT: +44 (0)20 7068 8307E: [email protected]

David MahoneyT: +44 (0)20 7068 8304E: [email protected]

If you would like to find out more about Lodestar’s Fixed Premium Yacht P&I Cover, please contact one of our underwriters.

Lodestar Marine Ltd Registered Office:The Isis Building, 193 Marsh Wall, London, E14 9SG. Registered in England No. 07681817

Lodestar is an Appointed Representative of Pro Insurance Solutions Ltd which is authorised and regulated by the Financial Conduct Authority

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