Insurance

In addition, in an effort to meet the special needs of our valued clients we have further expanded, since the beginning of 2008, so as to diversify to insurance.

In this respect, apart from offering our services for Protection and Indemnity, Freight Demurrage & Defence, Hull & Machinery, and Cargo insurance covers, we have specialised in providing a wide range of special risks covers, from first class Lloyd’s of London underwriters.

Having benefited from our team’s exceptional business relationships with leading underwriters, but also from the diversified expertise of our Firm’s personnel, we have focused to providing our valued clients with the best terms available to cover their specific needs.

We find that one of the most valuable services provided by our brokers is advice, in very clear and unambiguous words, on exactly what the terms of the insurance policy mean, making the client fully aware and confident about his cover.

Our Firm particularly prides itself for its achievements in the area of covers relating to piracy. We have given special attention to the excessive risks that all Shipowners, Charterers and Operators face when trading to piracy prone areas worldwide, and strive to provide them complete ease of mind.

In this respect, we have managed to secure, through first Class Lloyd’s of London underwriters, quite exceptional terms, conditions and rates for ‘Marine Kidnap & Ransom’ and ‘Loss of Hire’ insurance covers, providing the widest covers available at most competitive rates. Here our clients will find comfort in areas where other underwriters are not prepared to cover, whilst are also provided with free services, such as ‘Ship Security Reporting System’ (‘SRS’) satellite communication system, which in essence almost eliminate the risk of a piracy attack, and a 24/7 response team.

All these insurance covers are backed-up with absolutely no deterioration of War, or, Protection & Indemnity records, as redress will not be sought. Also, with no subrogation against cargo interests and thereby commercial relationships are totally preserved.

Our primary concern is always our valued clients’ utmost benefit coupled with most competitive rates.

In addition, we provide, completely free of charge, weekly reports with all the latest reported hijacking incidents worldwide, whilst we strive to keep our clients always alerted with the all the latest developments including available security measures, developments on legislation but also latest legal Authorities.