Yacht Insurance

Yacht and pleasure craft insurance for every need

With a heritage of more than 100 years in the marine industry, we have a strong tradition of providing premium, competitively-priced yacht insurance solutions.

Today, Allianz Global Corporate & Specialty (AGCS) is one of the largest yacht insurance providers in the world — protecting more than 60,000 yacht owners globally, from day boats to mega yachts.

Through your broker or agent, we can provide you with comprehensive all-risk cover, tailored to your needs, whether you're a boat, yacht or pleasure craft owner. What's more, our solutions are backed up by our market-leading capacity and our AA Standard & Poor’s and A+ A.M.Best ratings.

We routinely cover everything from personal belongings and medical expenses to hull and machinery damage. And as active sailors and yachting enthusiasts themselves, our underwriters understand the challenges you face and can tailor solutions to suit them. 

  • hull and machinery loss and damage
  • total loss interests
  • fixtures and fittings
  • personal effects
  • personal accident
  • medical expenses

 

  • tenders and water sport toys
  • third party liabilities
  • extended cruising areas
  • charter
  • enhanced machinery breakdown
  • loss of charter hire
The products and services described on this page may not be available in all AGCS locations. Please contact your local office for full information on local product availability.
Shipping is the lifeblood of the global economy, transporting approximately 90% of global trade. AGCS analyzes the key developments and losses in maritime safety on an annual basis.
Our Risk Consultants share their expertise in a series of risk bulletins advising on how to safely load and secure project cargo, how to store biomass products prior to shipping as well as many more topics.

Annual survey identifying business risks

Technology is breeding new threats as well as business models. Traditional risks such as natural catastrophes continue to challenge while other threats such as cyber, neck-and-neck with business interruption at the top of the Allianz Risk Barometer 2019 for the first time, reputational risk, increasing exposure to intangible assets and volatility and consolidation in the corporate environment evolve daily.

Top 3 risks in the Marine & Shipping sector in 2019

  1. Natural catastrophes (34%) - 2018 rank: 1 (34%)
  2. Cyber incidents (32%) - 2018 rank: 2 (31%)
  3. Market developments (28%)  
Allianz operates as an international insurer on almost every continent. Find Allianz in your own country/region.
With the Allianz network AGCS provides services in over 200 countries and territories.