A marine trade policy is essentially a commercial combined policy for businesses, clubs and associations who are connected to marine related activities.

A marine trade policy allows selected insurance covers, including those which are unique to the marine trade, to be consolidated under a single cost-effective umbrella policy.

This type of package policy is typically suited to the requirements of boat builders and shipwrights, boat traders, chandlers, marinas, boatyards, harbour authorities, yacht clubs, sail makers and the like.

Not all marine related risks require a marine trade combined policy and standalone policies are available for tailored needs of associated marine professions and trades such as surveyors, engineers, electricians, welders and fabricators.

If I take out a Marine Trade policy what could it cover me for?

  • Business premises and property both ashore and afloat
  • Vessels including builders’ risks
  • Business interruption
  • Public and products liability including yacht yard indemnity, waterborne, height and heat work
  • Employers’ liability
  • Cover while at shows and exhibitions
  • Cover for activities carried out abroad
  • Business and personal travel insurance cover
  • Loss of money
  • Goods in transit
  • Defective title and ownership
  • Professional indemnity
  • Directors & officers liability
  • Legal expenses

Why do you need this insurance?

Can you answer yes to any of these statements?

  • You have valuable assets that need protection
  • You have customers’ property in your care, custody or control
  • You need someone to cover your legal liabilities and defend you in any court action
  • You conduct activities while off-shore
  • You need to comply with contractual requirements
  • You need to comply with regulatory requirements – Employers’ Liability is a compulsory insurance even if you only employ persons on a casual basis
  • You provide advice or designs for a separate fee

Why use Brunel Marine for marine trade insurance?

Brunel Marine has access to all secure UK insurers who provide marine trade and associated insurance policies.

Our highly experienced and informed marine trade advisors can guide you through the appropriate covers to meet your insurance requirements. We will happily visit you at your premises to help you identify the risks you need to cover.

Brunel provides clear and impartial advice, delivered in friendly manner. We will take time to explain clearly the benefits of your policy and any conditions or restrictions that apply.

Marine trade insurance requirements differ considerably from non-marine related risks and so it is important to receive guidance from an expert.

A major loss can cause significant strain on a business and some, without the appropriate cover and expert guidance, will never recover.

We also assist our clients in managing their risks, to help reduce the likelihood of a loss. However, if our clients need to make a claim, a familiar face from Brunel will be there to help when you need it most.