Superyacht Insurance

The design, capabilities, furnishings and works of art on board all reflect the individual tastes of their owners, as do the leisure activities for which the yacht is equipped. Additionally the crew's accommodation, at times found on a shadow craft, all mean that the owners individuality has to be reflected in the coverage that is created for them.

At JLT, our specialist Marine team is one of the industry forerunners for this class of risk and can provide special facilities for yachts with values exceeding USD10 million. We make it our business to establish the specifics of the client's yacht and its activities and develop a bespoke coverage which brings the client the same security and quality of service that we have offered our major shipping clients for many decades.

We can advise owners on the various clauses utilised for providing coverage for damage and associated liabilities and tailor these wordings to reflect the specific trade and operations of these unique assets. The expertise bought by JLT translates into the best coverage for the most cost effective premiums. JLT can also advise on the building and conversion exposures associated with yachts which is a specialist area in itself.

JLT has very strong relationships with all of the major yacht insurers and can access specialist capacity best suited to an area of operation, registered ownership and value exposed.

JLT also has significant experience in handling unique yacht claims from major damage to total losses.

You can expect us to meet every aspect of your insurance needs with clarity and transparency. Often that will entail innovation that goes well beyond standard marine insurance offerings. As a result, we lead the market in dealing with many complex risks including:

With every vessel - from a yacht to a supertanker - we take great care to ensure that our clients get the protection they need.

JLT Events

JLT host a range of events throughout the year. To find out more click below.

	04/10/2011	JLT Specialty Limited shortlisted for National Broker of the Year 2011
	01/07/2011	Creating choice through specialist insight
	29/03/2011	Market Update - Natural Catastrophes
	18/03/2011	Market Update - Natural Catastrophes (March 2011)
	01/01/2011	Multi Club Strategy