Marine Trade Insurance

Running a marine business comes with a wide range of risks, from property or equipment damage, to loss of stock and interruption to trading. When things don’t go according to plan, a well-designed marine insurance policy can enable you to get back to business quickly, as well as help to protect you against potential third-party claims.

Gallagher is one of the UK’s leading marine trade insurance brokers, catering for the needs of companies supplying and supporting the marine trade industry, both in the UK and Europe. We provide insurance for boat builders, boatyards, marina operators, watersports centres, marine engineers, sailmakers, yacht brokers and many other marine trades.

What covers does marine trade insurance include?

We understand the risks of your industry—along with its regulatory requirements—and can provide a bespoke insurance solution for your business. Available cover can include public, employers’ and product liability, commercial premises, professional indemnity, marine hull, marine liabilities, marine cargo, builders’ risks, business interruption, cyber, trade credit and legal expenses. Our specialist team will work closely with you to determine the types and levels of cover that reflect your specific needs and risk exposures.

Why choose Gallagher?

Gallagher has a team dedicated to the marine industry, and relationships built over many years with some of the leading specialist insurers, as well as close links with the British Marine Federation and Professional Boatman’s Association. Some of the country’s significant marina operators, marine traders, boat building companies and boatyards utilise our services—a testament to our all-encompassing marine trade insurance management service.

We take a proactive approach to risk—using our expertise in the industry, and our awareness of trends and developments to help mitigate developing risks and exposures before they impact our clients. We also understand that when claims do arise, it’s important to receive support throughout the claims process, which is why our marine specialists work closely with key marine surveyors from the UK and Europe, and further afield to provide a 24-hour/365-day claims management service. To make a claim please call +44 (0)1202 647463.