Marine hull insurance protects commercial vessels against a broad range of risks and through a variety of distribution channels.
Chubb’s marine hull insurance team understand the assets that keep your business afloat are your most valuable – so they offer you solid cover to protect them. Our hull and associated risks policies safeguard ocean-going, specialist coastal and inland vessels against damage to the hull and machinery and onboard equipment, often including war risks and associated loss of hire.
Predominantly underwritten by our team in London, Chubb offer significant capacity within the London international market including 100% participation in lower value, small and specialist tonnage.
Who it’s for
Chubb marine hull insurance covers most kinds of tonnage, including:
Passenger vessels and ferries
Dry bulk carriers
Gas, crude, chemical, product and other types of tanker
Many types of brownwater, inland and coastal tonnage
Specialist vessels, including tonnage operating in support of the offshore industry
Cover we provide
Your Chubb marine hull insurance can include protection for:
The vessel’s structure and equipment including propulsion machinery
Damage from war and associated perils
Anticipated freight and other interests resulting from a total loss of the vessel
Loss of hire and associated costs
Damage to vessels whilst under construction or conversion
We’re marine hull insurance experts – and we care about your business
Whether your business is big or small, takes you around the world or just around the harbour, Chubb is there for you. Our breadth of experience in marine hull insurance means we can provide the guidance and service you need, whenever you need it, wherever you may be.
Partnership that’s personal We work to understand your business and where you’re heading so we can be proactive about meeting your needs. We invest in getting to know you, your team and your customers. The goal: to help you see ahead, be ahead and stay ahead.
Creative problem-solving Insurance isn’t one-size-fits-all – and neither is our approach. Our playbook is always evolving because we’re always helping clients avoid risk in smarter ways. That means we bring the latest thinking and a fresh perspective to solving your challenges.
Unmatched expertise and financial strength We’ve served clients and partnered with leading organisations for more than 200 years. Our longevity, expertise and financial strength are the bedrock of our business.
Marine insurance covers all aspects of maritime business needs, including many of the risks associated with vessel operations and shipping and logistics, largely 1st party physical damage and third-party liability. With over 200 years of experience in marine insurance, Chubb has the knowledge and expertise to provide insurance and reinsurance solutions for a wide variety of clients across the marine industry.
Marine risks are diverse and often complex in nature. There are many man-made and natural hazards and potential liabilities against which we can safeguard your business. Chubb’s marine underwriters can tailor your policy to cover the particular risks or challenges your company may face, at sea, in the air or on land.