Marine Insurance for all classes of vessels

Independent Yacht Insurance Specialist Is Open for Business

Whilst it’s long been a principle of insurance that the premiums of the many pay for claims of the few, it may be somewhat contentious to suggest that UK yacht owners should be paying for the claims of the many US and Caribbean-based yachts, as well as the various superyachts that have been lost globally, [...]

Independent Yacht Insurance Specialist Is Open for Business2020-08-24T18:21:59+01:00

#summeronthewater Bonus Boost for First-Time Boat Buyers

Independent Boat Insurance specialists IRCM are supporting British Marine’s #summeronthewater campaign with a timely boost for first-time buyers of yachts and pleasurecraft. British Marine (BM), the membership organisation for the leisure, superyacht and small commercial marine industry, launched the campaign this month to support the Sector following the Covid-19 lockdown which crippled much of the [...]

#summeronthewater Bonus Boost for First-Time Boat Buyers2020-07-28T13:30:03+01:00

Future-Proof Your Yacht Insurance Premium for 2020 Before the 2019 Southampton Boat Show Closes

Double-Digit Yacht Insurance Premium Increases Set to Continue Yacht Insurance rates are continuing to rise and there is no sign of an end to the trend which has seen the yacht and boat insurance market harden over the past 24 months. Some prominent Market faces are going so far as to pronounce not only the [...]

Future-Proof Your Yacht Insurance Premium for 2020 Before the 2019 Southampton Boat Show Closes2019-09-03T17:34:07+01:00

3 Reasons Why You Should Talk to IRCM About Your Yacht Insurance This Summer

As we have previously reported, on the site and elsewhere, the turmoil in the Yacht Insurance Market continues. In a season of rising premiums, contracting capacity and the need to shop around not just to find affordable insurance; but to actually find cover if you happen to be the proud owner of something insurers might [...]

3 Reasons Why You Should Talk to IRCM About Your Yacht Insurance This Summer2019-08-08T14:45:47+01:00

Did You Get Something Extra in Your Yacht Insurance Renewal?

Insurers Continue to Post Huge Yacht Insurance Losses It’s no secret that the yacht market at Lloyds has posted enormous losses over the last couple of years. 2015, a relatively quiet year saw the Market shell out well in excess of £200m in superyacht-related claims against revenue estimated at £150m, posting a loss ratio of [...]

Did You Get Something Extra in Your Yacht Insurance Renewal?2019-07-19T12:32:13+01:00

Classic Yacht Insurance Awareness Campaign Launches

Classic Yacht Insurance Specialists Insurance Risk & Claims Management (IRCM) have launched a new campaign to create greater awareness about the uniqueness of insurance programmes for classic yacht owners. Mark Elcocks, Specialist Risks Consultant with IRCM said “Whilst the insurance market in general has been price-focussed for some time, it is fair to say that [...]

Classic Yacht Insurance Awareness Campaign Launches2018-01-15T13:50:53+00:00

Buying Your RIB and Buying Your RIB Insurance (Part 2)

In Part 2 of our guide for enthusiasts new to RIBs and RIB Insurance we look at additional property cover, your third party liability and some of the additional benefits and features to might be offered. Also included are some examples of “small print” you should look for in your RIB Insurance Policy [...]

Buying Your RIB and Buying Your RIB Insurance (Part 2)2020-08-20T19:07:37+01:00

Buying Your RIB & Buying Your RIB Insurance (Part 1)

Thinking of buying a Rigid Inflatable Boat (RIB)? Well assuming it’s for private and pleasure (P&P) use (commercial RIBs will be dealt with in a separate article) here’s a guide to some of the insurance issues you may encounter as well as some of the benefits you might get as part of your cover. Use an [...]

Buying Your RIB & Buying Your RIB Insurance (Part 1)2016-04-13T14:37:20+01:00

What’s the difference between a Barge & a Narrowboat?

“Does it really matter?” you might be asking yourself but there are important distinctions that, will not only irritate narrowboat owners and canal buffs if you get it wrong but, from an insurance point of view could have serious implications as to the scope, validity and availability of your protection. It’s probably sensible (and safer) [...]

What’s the difference between a Barge & a Narrowboat?2016-03-30T16:03:38+01:00

Boat Insurance – Passage Planning

Statistics show a year-on-year increase in the number of small craft casualties since 2011. The overwhelming contributory factor in these claims is operator error. In the second of our bite-sized risk management tips for small craft operators we look at passage planning:  It is vital to plan your voyage before sailing; you should take into [...]

Boat Insurance – Passage Planning2015-07-29T12:13:53+01:00
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