Marine Trades Opting for Management Protection

More marine traders are opting to protect their businesses and personal assets by investing in Management Protection.  A Sector that has seen a relatively low uptake of this particular insurance now seems to be taking steps to protect itself against some of the potentially more dangerous exposures not covered under Public or Employers Liability Insurances. […]

It’s The Best Time Ever For Marine Traders (To Buy Marine Trade Insurance)

Marine traders have never had it so good when it comes to investing in their Marine Trades Insurance programmes. That’s the view of Mark Elcocks – Specialist Risks Executive with Marine Insurance broker Insurance Risk & Claims Management Ltd (IRCM). “The number of Marine Trades insurers has increased steadily over the last 5 years and […]

Marine Insurance Broker Supporting Whizz-Kidz Registered Charity

UK Marine Trade Insurance specialists Insurance Risk & Claims Management (IRCM) have announced support for Whizz-Kidz, the disabled children’s charity.  IRCM’s Specialist Risks Executive Mark Elcocks said “We are delighted to be able to support Whizz-Kidz during their 25th anniversary year.  We have pledged to donate £10 to the charity for every one of our […]

Cutting Costs, Increasing Cover in 2015

How would you rate the value you get from your Marine Trades Insurance programme? 10 out of 10? … 8 out of 10?…  6 out of 10?  … Lower? How do you define value?  One definition of value is Quality as perceived by the Customer over Price.  To start the process then you first need […]

Cyber Threat Warning for Marine Sector

The constant evolution of technology systems &/or processes along with the ever-changing political landscape leading to consequential legislation continues to expose businesses, their profit as well as personal assets.  Marine based businesses are now being warned of the threats they face through breaches of cyber security and the liabilities that could arise from such breaches. […]

Pollution Liability Threat to Marinas

Marine based businesses are being advised to review their insurance cover in the light of current and on-going legislation relating to incidents of pollution of controlled waters.  Marinas, moorings and boatyard operators, as well as contractors working in such locations, are particularly at risk given their proximity to controlled waters and the processes and materials […]

Hire Fleets Insurance Excess Relief

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 […]

Marine Traders Advised to Check Insurance Schedules

  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 […]

6 Tips to Keep Your Marine Trades Insurance Valid

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 […]

Marine Traders Advised To Prepare For More Floods

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 […]