Marine hull

Class overview

Novae leads worldwide Marine Hull all risk bluewater business as well as writing subscription lines with established market leaders. It targets a large array of different vessels, including tankers, bulkers, gas carriers, tugs and barges, container vessels, general cargo vessels and supply/support vessels.

Novae also underwrites stand-alone Total Loss Only (TLO) interest business and excess Hull & Machinery insurance. Passenger and RoRo vessels are written on this basis.

Novae writes a substantial international private and pleasure Superyacht book based predominantly in the Mediterranean, Far East and U.S./Caribbean. We both lead and follow established leaders in this class.

Novae also write Mortgagee Interests, Mortgagees Interest Additional Perils (Pollution), Construction, Tows and Marine Property.

Risk appetite

• Bluewater Hull and Machinery all risk
• Excess Hull and Machinery
• TLO interests including Increased Value, Freight Interest, and Disbursements
• Mortgagees and Mortgagees Additional Interests Pollution
• Subscription lines on other Marine risks such as Construction, Tows, Ports and Marine Property
• Superyachts for private and pleasure use only
• Up to 100 per cent lines on small UK tonnage, port equipment and marine construction all risk (often written as part of a commercial combined policy)

If you require any further information

Please call an Underwriter or email your enquiry to
Marine@novae.com