Post Assurance Brokers

MARINE INSURANCE

Securing your maritime assets with us

At Post Assurance Brokers Limited, We understand marine operations’ unique risks and complexities. Our Maritime Insurance Services are designed to protect cargo owners, vessel operators, shipping companies, and logistics providers from financial losses arising from maritime risks. Whether you’re shipping goods across international waters or managing a local fleet, we’ve got you covered.

  • provides coverage for physical loss or damage to a vessel (the hull) and its machinery and equipment. It is typically purchased by shipowners, operators, or charterers to protect their marine assets against a variety of maritime risks, which include Hull Damage, Machinery Breakdown, Collision Liability, General Average Contribution and Salvage, and Sue & Labor Costs, etc.
  • is a specialized form of marine liability insurance that provides broad coverage for shipowners, operators, and charterers against third-party liabilities and legal obligations arising from the operation of vessels.

    It is usually provided by P&I Clubs (mutual insurance associations) rather than traditional insurance companies.

Covers loss or damage to goods in transit over sea, air, or land. • Protection from theft, weather damage, handling mishaps, and storage incidents. • Policies can be voyage-based, open cover, or specific shipment-based.

BENEFTIS

  1. Financial Protection: Marine insurance protects against financial losses due to accidents, damage, or other unforeseen events.
  2. Risk Mitigation: Marine insurance helps mitigate risks associated with maritime trade and commerce.
  3. Peace of Mind: Marine insurance provides policyholders with peace of mind, knowing they’re protected against potential losses.