Maritime & Logistics

As one of the largest marine Hull and Machinery teams in the market, we can offer a wide range of specialist marine risk management solutions across all major maritime operations, globally.

Our diverse and extensive hull portfolio sees us manage the risks for many of the world's largest fleets of bulk carriers, tankers and containerships, as well as offshore, specialist and passenger vessel operations. Our reach and knowledge extends across the marine sector as we also provide bespoke insurance solutions for marine constructions risks across the globe. Our Hull and Machinery team have experience in placing some of the largest and most complex shipbuilding programmes in the market.

Our products include:

• Hull & Machinery
• Increased Value
• War Risks
• Loss of Hire / Business Interruption
• Kidnap and Ransom
• Mortgagees Interest
• Shipyard Construction and Conversion Risks
• Superyachts

As one of the leading brokers in the marine Protection and Indemnity (P&I) industry, our specialist team represents over 185 million gross tons, placing over USD250 million of owned/chartered business worldwide in the International Group & commercial P&I markets.

Given the size and reach of our portfolio, we have a global view of the market and have established a strong working relationship with all International Group Clubs and fixed commercial market facilities. As a result, this affords us considerable leverage in our discussions with the overall P&I market, including those at the most senior management levels.

Gallagher P&I is unique to the extent that the majority of our business portfolio is direct retail business, meaning that our team deals with our highly valued shipping customer‑base on a firsthand basis.

In addition to our retail clients, we also work closely with Gallagher offices worldwide and with local partners, sharing our expertise and supporting the overall client service offering.

Key features of our P&I insurance include:

• International Group Club and Commercial Market P&I for Owners and Charterers
• Strategic programme advice and reviews, including benchmarking against our global portfolio. These reviews can be performed under NDA and without market contact.
• Market leading publications and analytics

The Cargo team is part of our marine portfolio which covers the key trade and cargo sectors of the world, including Europe, the US, Canada, South America, Africa including South Africa, the Middle East and Asia. We offer a dedicated and focused client service, providing protection to a broad spectrum of manufacturers, distributors, wholesalers, importers and exporters.

Our team has the experience and expertise to build individual programmes that specifically wrap around each cargo client's requirements and further dovetail with other lines of insurance. We will look to find the solution for even the most challenging cargo scenarios, be it complex supply chains with multiple valuations, through to specific storage requirements including floating storage or temperature sensitive goods.

Our areas of expertise include:

• Oil and petroleum products
• Pharmaceuticals
• Metals and mining houses
• Global contracts
• Soft commodity business and agricultural products
• Food and beverages, including wine
• Frozen and chilled goods, including fish catch
• Manufactured goods
• Industrial and agricultural equipment
• Construction and project cargoes including Delayed Start Up (DSU)

With ports and terminals continuing to diversify their activities to meet both commercial and consumer demands across the globe, risks that hadn't been accounted for can often present themselves.

This complex and changing risk landscape of a port means it truly does count to have a risk partner that specialises in this type of insurance. Handling over USD12 billion of insured port values (much of which is CAT exposed) across circa 85 ports and terminals worldwide, our marine team has a wealth of experience in providing bespoke risk management solutions that meet both current and emerging risk profiles of a port, terminal or marina.

Our specialist team assist our port and terminal clients throughout the project lifecycle, by offering solutions from initial financing and planning, through to the construction and into the operational phase.

We offer insurance solutions across the three key operational risks ports and terminals that client's face:

• Liability risks
• Property and handling equipment risks
• Revenue stream risks / Business interruption

Over the past 20 years, our specialist container team has arranged and placed bespoke insurance programmes for some of the world's largest container lessors. Through the combination of our specialist knowledge, market influence and integral client relationships, we have become the preferred risk management partner for around 14 million TEU of leased containers, which represents approximately two thirds of the world's leased container fleet.

Our relationships with specialist insurers in both the London and global insurance markets mean we can deliver a bespoke risk management programme that protects against the unique risk profile our clients face, no matter the size or scale of their operations. Our client base includes container owners and leasing companies as well as shipping lines, freight forwarders and NVOCs.

We offer bespoke products for both Container Owners/Operators and Container Lessors.

For single-container shipments, including household and personal effects, please contact your freight forwarder.