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Marine Hull & Machinery Insurance

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Marine Hull & Machinery Insurance - worldwide services for the global shipping industry

Allianz Global Corporate & Specialty provides comprehensive Marine Hull & Machinery insurance for all types of blue- and brown-water shipping, and for shipyards and building risks, as well as specialist cover for yachts and pleasure craft.

 

Whether insurance cover is needed for a tugboat in Rotterdam, a barge on the Rhine or a container ship bound for Rio, we can offer tailor-made policies to protect against marine hull and machinery risks from bow to stern – from single vessels to the largest fleets.

Involved in marine hull and machinery and ship insurance since 19th Century, Allianz is now one of the strongest and most experienced marine insurers in the world with market-leading underwriting capacity and ratings to manage the largest marine risks, equipment, engines and machinery, including:

  • Collision liability risk
  • Loss mitigation expenses
  • General average contributions
  • Increased value in case of total loss
  • War
  • Loss of hire
  • Builder’s risk

We provide marine hull and machinery insurance for all types of ships and vessels and their equipment, including:

  • Container ships
  • Oil & gas tankers
  • Bulk carriers
  • Passenger vessels
  • Fishing vessels
  • Tugs and barges
  • Towboats
  • Offshore energy support vessels
  • Yachts, mega-yachts and pleasure craft

Managing marine hull and machinery risks worldwide

With a worldwide claims network that keeps close to the customer, and is resourced to respond quickly, we are there whenever and wherever loss occurs.

Our specialized salvage and subrogation services reduce clients' net losses and help lower insurance costs.

What’s more, our multi-disciplined team of risk consultants, marine engineers and master mariners provides technical expertise and risk control solutions to reduce risk: these range from program development and implementation to vessel surveys, including condition surveys, suitability surveys, trip and tow approvals, hull damage surveys and loss prevention surveys.