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Who buys this insurance?Shipyards involved in the repair, conversion or reconstruction of vessels or craft. Vessel construction or work in progress can be included or provided separately.
�� Liability to third parties for physical loss of or damage to vessels, craft, machinery and equipment being worked on by the Assured
�� Liability to third parties for bodily injury and property damage
�� Liability for pollution and pollution clean up
�� Liability assumed under contract
�� Consequential loss
�� Liability arising out of products and completed operations
�� Liability for removal of wreck costs
�� Legal expenses and defence costs
Related coverages
�� Builders risks including for contract works or fabrication
�� Physical loss of, or damage to owned, leased, operated or chartered property and equipment
�� Business interruption
�� War risks
�� Terrorism
�� Strikes, riots and civil commotions
�� Professional Indemnity (Design Liability)
Up to USD 1 billion any one accident or occurrence.
Our highly specialist, integrated team understand the importance of effective claims management and advocacy, particularly on complex and long-term liability claims.
Cover
LimitsClaims
For more information about how our solutions can help you, please contact:
Nic Ruben, Special Risks +44 (0)20 3124 8531 [email protected]
Mike McGratten, Special Risks +44 (0)20 3124 7312 [email protected]
Contacts
“ The team offered excellent
support and advice
and have shown
themselves to be
thoroughly professional in
everything that they do. ” Shipyard client
Shipyards: Shiprepairers liability Global Marine
Willis Limited, Registered number: 181116 England and Wales. Registered address: 51 Lime Street, London, EC3M 7DQ. A Lloyd’s Broker. Authorised and regulated by the Financial Conduct Authority for its general insurance mediation activities only. 15889/09/16
willistowerswatson.com
Willis Towers Watson Marine is a world
leading Marine broker, delivering innovative
risk solutions since 1828.
Our united global Marine team is focused on delivering the best client solution whatever the geography. Our team has in depth expertise in all Marine areas including hull and machinery, protection and indemnity, marine liabilities and cargo insurance.
Unlocking your industry’s potential
92% client retention rate
400 specialist marine professionals globally
Specialist claims expertise, including in house average adjusters
USD 3 billion of Marine premiums
Wide range of relevant backgrounds and skills
Over 3,000 clients globally
A strong client focus, an emphasis on
teamwork, unwavering integrity, mutual
respect and a constant striving for
excellence are the values at the core of the
new Willis Towers Watson organisation.
Our distinct, connected perspective across talent, assets and ideas unlocks potential for our clients. While many just look at mitigating the downside, we see how a unified approach to people and risk is a path to growth.
Powered by market analytics and behavioural insight, our integrated teams reveal hidden value within the critical intersections of our clients’ organisations. We design and deliver solutions that manage risk, optimise benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.
We aim to be the leading global advisory, broking and solutions company. We have relationships with:
85% of the U.S. Fortune 1000
90% of the Global Fortune 500
A truly compelling combination
39,000 colleagues
in 120+ countries
Scale, diversity and financial
strength USD 8.2 billion
revenue
A deep history dating back
to 1828
4 Corporate Risk and Broking
Exchange Solutions
Human Capital and Benefits
Investment, Risk and Reinsurance
Business Segments
5 ValuesClient FocusTeamworkIntegrityRespect Excellence
More than 60% of global container capacity controlled
by our clients
