Ports, Terminals and Marinas

Port, Terminal and Marina ownership and operation involves a multiplicity of interconnected risks which, depending on the contractual relationship between them, are either borne by the owner of the port, or the company operating the port.

Exposures are a combination of asset, liability, and financial risks often involving markets whose insuring conditions vary. Programmes for our multinational clients, additionally, need to cater to the insurance requirements, risk profile and statutory implications of each operation, within a cohesive framework of coverage which enhances the operator's buying capacity and leverage.

The ports, terminals and marinas world is one of continual growth. We are experienced in providing insurance solutions for start-up locations as well as established operations.

We will assist you in identifying the issues that could have a major impact on the fulfilment of your business goals and thus enable you to make valued, strategic decisions based on a full awareness of the exposures and the available solutions.

If you have operations at more than one port or terminal, JLT can combine the placement of insurances into a single package rather than to arrange separate policies for each location. A combined policy works particularly well for liability risks where there is unlikely to be any risk of an incident at one terminal causing a loss at multiple locations.

We have one of the most experienced Ports and Terminals teams in the market, and have specialist experience of designing and placing global insurance programmes. JLT has a number of clients in the global Port Operators and National Port Authorities in multi-national locations.

JLT Contact Details

Richard Colla

Partner
JLT Specialty Limited
6 Crutched Friars
London, EC3N 2PH
[T]: 020 7558 3568


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