Marine Insurance for all classes of vessels
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 [...]
“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) [...]
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 [...]
Statistics reveal a year-on-year increase in the number of small craft casualties in the last 4 years with a significant proportion arising from fire. Some basic steps can be taken by operators of small craft to prevent onboard fires and minimise danger to crew and passengers. 1. First-aid fire-fighting appliances should be serviceable. The number of [...]
Insurance Risk & Claims Management issued a warning about a steady increase in outboard engine thefts. Countrywide both small and large outboard engine theft is a serious exposure and all boat owners and yards need to look at their security provisions. In the case of yards CCTV systems are becoming cheaper and more manageable with [...]
Insurance Risk & Claims Management Limited, one of the UK’s leading classic boat insurance specialists, is delighted to be associated with the MTB102 Trust. The Trust is responsible for the running and maintenance of the famous MTB102 motor torpedo boat which is a leading member of the Association of Dunkirk Little Ships and escorting the [...]
If you or your customers are having difficulty in insuring high performance boats with normal Insurance providers you should be considering the services of a truly Independent Broker for your Introducer arrangements. We have recently placed a high performance rib with two 350 hp Mercurys capable of speeds in excess of 100 mph. Over the [...]
The Environment Agency's requirements for River Thames boat registration, in respect of powered boats, include a mandatory requirement of Third Party Liability Insurance, with a minimum sum insured of £1,000,000. Insurance policy checks will be carried out by the Agency on 10% of registered vessels each month and the maximum fine for failing to comply with registration [...]
Channelglaze Ltd have been a leading manufacturer of aluminium windows for Canal Boats, Dutch Barges and other vessels since 1978. The Birmingham-based company are leading innovators in this field, and are renowned for their determination not to compromise on the quality of their product. In addition to single and double-glazed solutions in a wide range of frames, Channelglaze also offer their [...]
Boats2Gleam is a specialist boat valeting company operting in London, the Thames Valley and South Coast areas and recently became a client of IRCM. Their Boatcare Service comprises a range of solutions from a simple boat wash or boat polishing task to complex anti-fouling and boat detailing. The business was seen as particularly attractive to IRCM due to [...]
