March 2009 - New ICC Clauses making it clearer for cargo clients
At the beginning of the year, the new ICC Clauses became available to the Market after a two year consultation. The overall result has been to create clearer policies that are more favourable to the Assured.
January / February 2009 - No Time for Risk Taking
The global economic gloom is casting its shadow over insurance like everything else, with sharp rises in premiums likely across the board in the near future. Heavy Lift magazine asked Philip Bilney, Group Executive Director at FP Marine Risks, why reducing cover is not a good idea.
January 2009 - Charterers' Piracy Trade Disruption Insurance
In response to the dramatic increase in piracy, Charterers’ are able to purchase insurance that covers any payments they are still liable for in the event of a vessel being captured.
November 2008 - Marine Kidnap and Ransom Insurance
Marine Kidnap and Ransom Insurance ensures that if a vessel is captured and a ransom demanded, the shipowner is able to respond quickly and with the support of experienced crisis-handling professionals to ensure the safety of the crew and expedient release of the vessel.
November 2008 - Piracy and the effects on cargo owners
In the waters off Somalia and the Gulf of Aden, the frequency of pirate attacks has intensified over the last two years as Somalia remains without a central government. Whilst the affected shipowner does what is necessary to secure the release of the crew and vessel, cargo owners can be significantly affected.
Services
Marine Insurance:
FP Marine Risks is a specialist marine insurance broker, dedicated to providing you with the very best marine insurance solutions. We are an independent broker with strong relationships across international marine insurance markets. Please browse our website to learn more about what we do, how we can help you to manage your marine risk exposures and how to contact us to arrange your marine insurance policies.
Hull Insurance:
FP Marine Risks is able to advise ship owners and charterers on a full range of hull insurance products for single vessels or entire fleets. Hull insurance is essential for the effective risk management of vessels against loss, damage and loss of earnings. Please click here for full details of our hull insurance.
Cargo Insurance:
FP Marine Risks can arrange cargo insurance for all import and export trade, including project cargo, livestock, stock throughput, war risks, trade disruption and transit risks. Cargo insurance for marine shipments protects your assets and interests, and is a vital element of any trader’s risk management policy. Please click here for full details of our cargo insurance.
Yacht Insurance:
FP Marine Risks is able to provide yacht insurance solutions for vessels valued over USD400,000, including cover for hull and machinery, increased value, war risks and liability. Please click here for full details of our yacht insurance.
Cargo Cover:
Cargo cover is essential for traders to protect their assets and interests. With the right cargo cover in place, traders are insured against loss or damage, trade disruption, war and strikes risks, and delay in start up. Please click here for full details of our cargo cover.
Shipping Insurance:
Effective shipping insurance ensures vessel owners and charterers are protected against loss, damage and piracy. FP Marine Risks has close relationships with the world’s leading Shipping insurance markets, and is well placed to provide you with wide and competitive shipping cover. Please click here for full details of our shipping insurance.