Marine Industry Insurance
Protect your global supply chain with innovative marine insurance solutions built on unrivalled expertise.
The marine environment is fraught with hazards, from the unpredictable nature of war and political unrest to climate change challenges and complex supply chains. Comprehensive marine insurance provides vital protection for your cargo, vessels, and liabilities.
We work closely with you to perform a holistic risk assessment that considers factors such as vessel type, cargo nature, route specifics, and potential geopolitical hazards. Based on this analysis, we craft a customised policy that provides you with comprehensive cover, mitigating risks and supporting your financial stability.
Insurance products for Marine
Canopius offers expertise in the following insurance products that are tailored to the marine industry:
Our expertise is in insurance solutions
At Canopius, we understand the risks faced in the marine industry and have a range of solutions built to support your business.
Accident & Health Insurance
Cyber Insurance
Marine Cargo Insurance
This insurance protects your goods and merchandise in transit by sea, air, or land, covering loss, damage, and storage risks. Optional cover is available for business interruption and consequential loss.
Marine Hull Insurance
Marine Hull Insurance provides essential protection for the physical integrity of vessels, covering damage to the hull and onboard machinery in open waters or port limits. It applies to a range of vessels, from commercial ships to specialised industrial craft, safeguarding against risks in both blue-water voyages and coastal operations.
Marine Liability Insurance
This safeguards against third-party claims for injuries, property damage, and environmental incidents. It also covers charterers and logistics providers for cargo handling and contractual liabilities.
Marine War Insurance
Essential for businesses operating in high-risk areas, this cover protects against war, terrorism, and civil disturbances. It includes physical damage, financial losses, and emergency response costs.
Why choose Canopius?
Canopius Syndicate 4444 is the largest in Lloyd's of London with a £2.55 billion capacity
We have built our trust and reputation across the globe offering insurance expertise, from the largest capacity in London to the single largest Lloyd’s syndicate in APAC.
Our reinsurance and US business are tailored to meet your needs as a bespoke insurance provider, offering distribution partners a variety of underwriting platform solutions to suit each client.
More than 20 years of experience
In 2024, the Canopius Group wrote $3.53 billion (USD) of insurance contract written premium
With a portfolio exceeding $3.53 billion in annual gross written premiums, our syndicate is trusted globally to provide robust and reliable coverage for a diverse range of construction and engineering risks.
Our specialists provide cover for
Our coverage is tailored to meet the diverse needs of various businesses across the marine sector, including:
- Charterers and leasing companies
- Fishing and aquaculture businesses
- Freight forwarders and logistics providers
- International traders and import/export businesses
- Marine insurers and reinsurers
- Offshore energy companies
- Port authorities and terminal operators
- Shipbuilders and marine contractors
- Shipowners and operators
- Yacht and pleasure craft owners
Each policy is tailored to address the unique risks faced by your organisation for your peace of mind.
