Marine Insurance
Marine Insurance Cash flow is often an issue for new ventures so it should come as a welcome relief for new Marine Traders looking for insurance that low-cost options are available to them that don’t compromise on quality of cover. Marine Trades Insurance specialists Insurance Risk & Claims Management Ltd (IRCM) are offering entry level cover from as little as £254 and are also providing some low-cost bolt-ons to ensure traders get ...More
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Marine Insurance
Marine Insurance Inland hire fleet operators can now protect their bottom line with a low-cost Excess Protection option from Marine Trades Insurance specialists Insurance Risk & Claims Management (IRCM). The cover will extend to Property claims as well as Public Liability and Third Party Liability arising from use of their hire fleet. Mark Elcocks, Specialist Risks Executive with IRCM said “It is not unusual for a pleasure craft operator to have to make ...More
  Tags : News
Marine Insurance
Marine Insurance RS Sailing’s new RS Aero has received the backing of the Marine Insurance market with the launch of a specialist scheme for owners of the new craft. Helen Llewellyn Managing Director of Direct Protect Solutions has brokered a deal with specialist Marine Insurance broker Insurance Risk & Claims Management (IRCM). Helen said “In putting together a product for Aero owners we had to balance quality of the security with a competitive ...More
  Tags : Boat Insurance News, Insurance Broker Updates, Marine Trade Insurance News, News, Sailing Club Insurance News
Marine Insurance
Marine Insurance   Is your £5,000,000 Public & Yachtyard Liability Limit in reality only a £40,000 Limit? Marine Traders are being advised to check their Marine Trades Insurance schedules and policy wordings following one insurer’s confirmation that Liability claims may not necessarily be paid out in full. The situation came to light recently in the case of one trader who had purchased £5m of cover from his insurer.  The trader concerned had informed his ...More
  Tags : Marine Trade Insurance News, News
Marine Insurance
Marine Insurance Buying insurance at a distance, as many small businesses do these days, means you may not always get the advice and guidance you need to ensure your Marine Trades Insurance programme truly meets your demands and needs.  Even when you enjoy the benefits of a face-to-face consultation some of the important terms and conditions of your protection could be lost amongst vast quantities of paper or pdf that comprise the ...More
  Tags : Marine Trade Insurance News, News
Marine Insurance
Marine Insurance As insurers continue totting up the costs of the winter floods that affected UK businesses in general and Marine Traders in particular they are already reviewing the scope of cover they are prepared to offer in the worst hit areas. Mark Elcocks of specialist Marine Insurance broker IRCM said “Whilst some people maintain that last winter’s extreme weather was a 1-in-200 year event, insurers’ climate models indicate that it is ...More
  Tags : News
Marine Insurance
Marine Insurance Marine Traders are used to managing flood risk yet the sheer scale of the storms and floods that swept the UK last winter simply overwhelmed the valiant attempts of many traders to preserve the integrity of their yards and premises against waters that had been rising for weeks. As well as dealing with general loss of property and business interruption one of the main issues facing traders was restoring their premises ...More
  Tags : Marine Trade Insurance News, News
Marine Insurance
Marine Insurance A new Liability product bundle for Wharfingers has been announced by specialist Marine Insurance brokers IRCM. In addition to insuring their legal liability, the product bundle offers further benefits to of Wharf Operators. Mark Elcocks, Specialist Risks Executive with IRCM said “Wharfingers can boost their cover with Excess Protection. Basically it provides a pot of money which will cover the excess on their main liability policy”.  Liability excesses typically start at £500 ...More
  Tags : Insurance Broker Updates, Marine Trade Insurance News, News
Marine Insurance
Marine Insurance Marine Insurance specialists IRCM have announced the launch of new liability covers for marine-based clubs. Not only do the extensions provide vital cover that clubs, particularly those dealing with young persons and vulnerable adults, require but they also provide a seamless solution for rowing clubs, sailing clubs and watersports centres. Mark Elcocks, IRCM’s Specialist Risks Executive said “Clubs have informed us that they are finding it difficult to obtain protection against ...More
  Tags : News, Sailing Club Insurance News
Marine Insurance
Marine Insurance Rowing Club Insurance specialists IRCM have announced the launch of new liability covers for their rowing club clients.  Not only do the extensions provide vital cover that clubs, particularly those dealing with young persons and vulnerable adults, require but they also provide a seamless solution for clubs. IRCM founder and veteran rower, Pat Ward said “Clubs have informed us that they are finding it difficult to obtain protection against liabilities arising from ...More
  Tags : Insurance Broker Updates, News, Rowing Club Insurance News
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