Category: Marine insurance

AlphaXO director discusses emerging marine risks in Insurance Business

AlphaXO Risk Partners director, Robert Hammersley, discusses some of the emerging risks facing the marine industry in this Insurance Business article. Read the full article

Failed bunkering operation highlights need for communication

This recent article regarding a failed bunkering operation highlights the need for excellent communication between all parties involved in such hazardous operations and compliance with sound risk management procedures, especially given the significant fines and liabilities imposed on ship owners and ship operators following a pollution incident. It also highlights the need to partner strong…
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State of the insurance market commentary – ship builders and repairers

Like much of the marine insurance market, insurance for ship builders and repairers is seeing significant premium increases and changes in terms and conditions. The Lurssen shipyard fire is seen as the tipping point that quickened the changes. It was reported by TradeWinds that the Lürssen fire in September 2018 was potentially the largest hull…
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Reflecting on MIAL’s Modern Maritime conference

AlphaXO attended the recent Modern Maritime conference, hosted by Maritime Industry Australia Limited. We’ve been reflecting on 5 of the key things impacting the local marine industry that we heard: 1. Increased use of technology and automation is increasing productivity and also introducing new threats, including malicious cyber activity. 2. Australia has a significant reliance…
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What we cover

We partner with our clients who benefit from our range of specialist insurance and risk support. This includes: Super yachts and professionally crewed pleasure craft. All nature of owned and chartered commercial hulls from medium range tankers, container carriers and cruise ships to dredgers, tugs and barges and fishing vessels. All forms of marine liabilities…
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More to marine insurance than meets the eye

Many traditional insurance brokers will say they can help with your marine insurance needs. However, even the big names typically do not have the level of specialist resources and in-depth knowledge to help clients in this complex area of insurance. Do you get a blank look if you ask your broker what they know about…
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