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The import and export of goods and services represents a substantial part of economic activity. Whilst we may often take for granted the goods we buy and the items we produce for export, the process involved is complex, often time-sensitive and wholly reliant on an efficient transportation infrastructure.
Ships operate in harsh environments, equipment is capital intensive and increasingly technologically advanced, incidents involving passengers are media sensitive, whilst relatively minor accidents at sea or in port can have serious impacts on whole supply chains.
At Jardine Lloyd Thompson Limited, we add value to these businesses through our knowledge of the sector and our maritime transportation insurance capabilities. We have a long history of providing competitive and innovative risk solutions, both conventional and alternative, to ship operators and managers; ship financiers; charterers; shippers; cruise and ferry operators; ports, terminal and logistics operators; shipbuilding and repair yards.
Our client's marine business combine to form one of the largest marine accounts in the insurance markets today.
Our Experience
International Shipping
Our clients include major international ship owners and operators based in Asia, Canada, Greece, Russia, Scandinavia and the USA.
Cruise and Ferry operations
We are involved in providing both traditional and bespoke insurance solutions to the leisure and passenger markets.
Charterers
We work with major charter and trading operators in providing coverage for charterer's liability risks. We have particular expertise in commodity trades, but are skilled in designing and executing programmes for all charterers.
Ports & Terminals
We have an in depth understanding of this industry's dynamics and offer an unrivalled level of service and broking skills to our clients.
Shipbuilding/repair
We have had a long association with Builders' Risk Insurance and Ship Repairers' Liability covers. We currently work with clients in Europe and South Korea, as well as the world famous Harland & Wolff yard in Belfast.
Specialist Projects
Our proven ability to design, structure and negotiate innovative risk solutions has been evidenced on many large and specialised projects. Our experience and technical knowledge cover all aspects of "wet" risks, as well as land-based marine exposures. Our product range includes the placement of Political and Credit Risk coverage's designed for the Maritime Industry.
