You will have seen in our previous news post that IRCM recently launched a brand new Marine Trade Insurance policy.  The AA Rated protection provided by Allianz means the new Bowline cover is already delivering significant premium savings to marine-based businesses.  Those businesses range from large marinas and commercial marine engineers to small boatyards and sole-trading marine contractors.   Here are some real examples of the savings that businesses have already benefitted from by switching their insurance provision to the IRCM Bowline policy:

 

Business Type

Old Premium

Bowline Premium

£ Saving

% Saving

Large Marina

£21,000

£15,000

£6,000

28%

Watersport Centre

£14,000

£7,700

£6,300

45%

Marine Engineer

£1,895

£1,300

£595

31%

Boatyard

£5,000

£2,300

£2,700

53%

Marine Engineer

£16,500

£12,350

£4,150

25%

Bowline covers covers Marine business needs and there are no lengthy proposal forms to complete.

For further information on IRCM’s Bowline range of Marine Insurance products telephone Mark Elcocks on 01902 796 793 or email markelcocks@marineinsurance-ircm.co.uk