Marine Trade Disruption and Cruise Consequential Loss Insurance

Transmarine is the market leader in Marine Trade Disruption and Consequential Loss insurance.  

The comprehensive policy wording is unique and provides a one stop solution to purchasing conventional stand-alone policies, such as Strikes, Loss of Hire / Earnings and Cruise Indemnity.

The policy is underwritten on behalf Great Lakes Reinsurance (UK) Plc. Our Assureds benefit from:

• The experience of a long-established marine Management Company.

• An established global network of correspondents.

• Quality AA+ security (S&P rating).

We provide the following classes of cover:

• Class I – Strikes Insurance.

• Class II- General Trade Disruption Insurance.

• Class III- Trade Disruption Insurance for the Cruise and Passenger Vessel Industry.

The Transmarine Advantage

Transmarine provides one of the broadest trade disruption policies available in the marine market. We have tailored independent wordings to cater for the demands of different operators, including cover for Cruise and Passenger vessels, Tankers, Container vessels, owners of Cargo and Project Co-ordinators. Our experienced in-house team creates unique, client driven solutions and ensures the swift handing and settlement of complex claims. 

Transmarine's flexible policy and high limits of cover (up to US$10m) provide prudent operators with genuine balance sheet protection against delay caused by most insurable perils.

More Details on the cover