Marine Trades.

Marine insurance for marine traders, contractors, shipyards, repairers, marinas, surveyors, engineers and specialist marine service providers operating in complex, high-risk environments where vessel exposure, contractual responsibility, marine liabilities and operational disruption create heightened risk.
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SG - Marine Cargo - Header@2x
Benefits

How Specialist Risk Group supports this sector.

Specialist Risk Group (SRG) arranges Marine insurance solutions for businesses operating across the marine trades sector. Our experience spans shipyards, repairers, engineers, marinas, and dockside operations, enabling us to structure protection that reflects operational risk, contractual responsibility, vessel exposure, marine liabilities, environmental responsibilities, and high-value assets operating both afloat and ashore.

Sector expertise

Our team have extensive experience supporting marine traders including surveyors, contractors, boatyards, marinas, engineers, ship repairers, and shipyards.
SG - Shipyards requiring builder’s risk or trial cover

Tailored insurance programmes

Our programmes are designed around the realities of marine trade operations, including vessel work, dockside activity, equipment exposure, and contractual obligations.
Global - Construction - 2

Market-leading access

We have strong relationships with marine insurers and Lloyd’s-backed markets, enabling access to competitive terms and bespoke cover aligned to complex marine risks.
Market-leading access

Responsive claims and client support

We provide dedicated support from experienced advisers and an in-house claims team who understand the urgency and complexity of marine-related incidents.
Responsive claims and client support

Industry challenges.

Marine trades businesses operate in complex, high-risk environments where operational incidents can quickly result in significant financial, environmental, and reputational loss. Exposure is heightened by hazardous working conditions, high-value assets, regulatory scrutiny, and reliance on equipment and skilled labour. Without Marine insurance in place, unexpected events can disrupt operations, delay projects, and compromise contractual obligations. 
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Key Risks.

Operational accidents and damage

Operational accidents and damage

Liability arising from incidents during repair, maintenance, lifting, storage, or movement of vessels, machinery, and marine equipment.
Our clients

Who is it for?

We provide insurance for a wide range of marine trades businesses, including: 
Shipyards and ship repairers
Shipyards and ship repairers
Boatyards and repair workshops
SG - Tugboats, barges, landing craft, and workboats
Marine engineering and maintenance firms
UK - Engineering plant@2x
Marine equipment manufacturers and suppliers
UK - Machinery and equipment risk@2x
Marine contractors
sg - Fit-out and renovation contractors
Marine surveyors and consultants
Marine surveyors and consultants
Marinas and dockside operations
SG - Shipyards requiring builder’s risk or trial cover
Ports and harbour-based operators
Ports and harbour-based operators
Charter operators and commercial vessel owners
Charter operators and commercial vessel owners
Technical and marine service providers
Technical and marine service providers
Shipyards and ship repairers
Shipyards and ship repairers
Boatyards and repair workshops
SG - Tugboats, barges, landing craft, and workboats
Marine engineering and maintenance firms
UK - Engineering plant@2x
Marine equipment manufacturers and suppliers
UK - Machinery and equipment risk@2x
Marine contractors
sg - Fit-out and renovation contractors
Marine surveyors and consultants
Marine surveyors and consultants
Marinas and dockside operations
SG - Shipyards requiring builder’s risk or trial cover
Ports and harbour-based operators
Ports and harbour-based operators
Charter operators and commercial vessel owners
Charter operators and commercial vessel owners
Technical and marine service providers
Technical and marine service providers
We’ve got you covered

Related products and covers

Our approach is tailored to each business we work with. Typical covers we look at for hospitality businesses include:
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Property All Risk

Protection for buildings, contents, fixtures, fittings, and operational assets.
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Public and Products Liability

Cover for guest injury, illness, or third-party property damage.
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Business Interruption

Protection for lost revenue following insured damage or disruption.
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Employers’ Liability/Workers Injury Compensation

Cover for employee injury or illness arising from their work.
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Cyber insurance

Protection against cyberattacks, data breaches, payment fraud, and system outages.
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Employment Practices Liability

Protection against claims relating to workplace disputes, discrimination, or misconduct.
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Specialist Restaurant and Hotel Programmes

Including insurance for hotels and tailored private insurance coverage for restaurants operating single or multiple locations.
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Related products & covers.

Our approach is tailored to each business we work with. Typical covers we look at for marine trade businesses include:
Global - Ambulance - 5

Public and Products Liability

Protection against employee injury, third-party injury, or property damage arising from marine trade operations, with capacity structured around the needs of the business.
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Frequently Asked Questions.

Most marine trades businesses require a combination of Employers' Liability, Public and Products Liability, Professional Indemnity where advice or surveying services are provided, together with specialist Marine insurance tailored to their activities. Depending on the business, this may include protection for vessels, marine contractors, ship repair, chartering activities, marine equipment, business interruption and other operational risks.