Marine Insurance News

10% Discount on Marina Insurance – FAQs

IRCM are offering a 10% discount off their standard Bowline Marine Trades Insurance programme to members of The Yacht Harbour Association with no Tie-Ins!  Here's some frequently asked questions about the offer:  Is this a one-off discount? Absolutely not. We will continue to offer you a 10% discount at each renewal subject to the business remaining [...]

10% Discount on Marina Insurance – FAQs2015-10-16T15:22:26+01:00

10% Marine Trade Insurance Premium Discount for TYHA Members

Members of The Yacht Harbour Association (TYHA) can benefit from a 10% discount on IRCM's already competitive Bowline Marine Trades Insurance contract.  Membership of TYHA effectively means the benchmarking of a company's expertise and professionalism and IRCM believe that businesses operating within the guidelines of TYHA's Code of Practice should have that recognised in their insurance [...]

10% Marine Trade Insurance Premium Discount for TYHA Members2015-09-25T09:35:43+01:00

9 Reasons Why You Should Talk to IRCM About Your Marine Trades Insurance This July

1.  Unlike some insurance providers who won’t visit you if you aren’t paying them over £5,000 a year we offer face-to-face consultancy to our smaller marine traders. That way, we get to fully understand exactly how we can help you. 2.  Because we have sourced a suite of exclusive resources for you and your business [...]

9 Reasons Why You Should Talk to IRCM About Your Marine Trades Insurance This July2015-07-01T14:31:32+01:00

5 Reasons Why Your Sailing Club Insurance May Be Leaving You Personally Exposed

Many sailing clubs are registered charities or not-for-profit organisations.  Despite this, the club, its officers, trustees and members can still be held legally liable when things go wrong.  A standard sailing club insurance programme is unlikely to protect the club and its officers against some of the very real 21st Century hazards that they can [...]

5 Reasons Why Your Sailing Club Insurance May Be Leaving You Personally Exposed2015-06-30T16:07:51+01:00

Broker Moves Quickly to Assist UK Sailing Clubs

Specialist Marine Insurance Broker Insurance Risk & Claims Management (IRCM) have moved quickly to assist UK Sailing clubs in the wake of an announcement by the Royal Yachting Association (RYA) that has seen them increase the scope of cover required by their Recognised Training Centres (RTCs). The Association is the UK’s national body for boating [...]

Broker Moves Quickly to Assist UK Sailing Clubs2015-06-19T13:45:17+01:00

New Sailing Club Insurance Requirements

The Royal Yachting Association (RYA) recently announced it's recognised training centres (RTC's) would require enhanced insurance cover - an increase in Public Liability (PL) insurance to a minimum indemnity limit of £3m and the addition of at least £500,000 Professional Indemnity (PI) cover in respect of it's training activities. The uplift in Public Liability Insurance is [...]

New Sailing Club Insurance Requirements2015-06-16T12:56:14+01:00

Marine Trades Insurance Confusion Costing Superyacht Contractors

Superyacht contractors, ship repairers, as well as sub-contractors in both sub-sectors, are losing earning opportunities as well as being forced to pay unnecessary costs due to some recruitment businesses appearing to be adopting a "one size fits all" approach to insurance. IRCM are regularly approached by traders who have been offered Bona Fide Sub-Contractor placements to [...]

Marine Trades Insurance Confusion Costing Superyacht Contractors2015-06-10T15:27:48+01:00

Sailing Club Insurance Premium Boost

IRCM has announced it 's starting premium for Sailing Club Insurance on it's exclusive Bowline Marine Trades policy will be only £358 for an indemnity limit of £3m. The announcement will be particularly welcomed by smaller clubs providing tuition who will need a £3m limit as an RYA Recognised Training Centre following the RYA's recent [...]

Sailing Club Insurance Premium Boost2015-06-02T11:53:51+01:00

£499 Marine Trades Liability & Tools Cover for Superyacht & Commercial Vessel Contractors

Marine Trades Insurance specialists IRCM have announced a new product bundle for businesses working in the UK’s buoyant Superyacht Sector.  The comprehensive package includes Property and Business Interruption options as well as providing a full range of Liability covers.  Standard programmes offer: Buildings & Contents Insurance Machinery & Plant Lifting Equipment Computers and Peripherals Business [...]

£499 Marine Trades Liability & Tools Cover for Superyacht & Commercial Vessel Contractors2015-05-28T14:50:05+01:00

Rowing Club Insurance – Members’ Boats Bonus

Rowing Club Insurance specialists IRCM have enhanced their Rowing Club Insurance offering by enabling clubs to include members' boats on the club insurance programme.  The advantage to clubs and their members is 4-fold:  Competitive insurance rates for members' boats.  Comprehensive cover under IRCM's exclusive policy wording.  Specialist claims support from IRCM's in-house claims team.  Commission-share bonus [...]

Rowing Club Insurance – Members’ Boats Bonus2015-05-28T13:04:42+01:00
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