Marine Hull.

Protection for vessels, machinery, and marine assets against physical damage, operational incidents, and navigation-related risks.

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Benefits

Why Specialist Risk Group?

Specialist Risk Group (SRG) tailors bespoke Marine Hull solutions engineered for vessel owners, operators, and marine-service providers across Singapore and the wider region. Working with specialist marine insurers and Lloyd’s markets, we structure programmes that reflect vessel type, trading limits, operational risk, and regulatory requirements. Our consultative approach ensures your Hull and Machinery (H&M) coverage, deductible structures, and navigational warranties are aligned with your commercial operations, providing robust protection for both day-to-day activity and high-exposure marine environments.

Specialist marine and offshore expertise

Deep knowledge of hull, machinery, navigational, and operational exposures across commercial fleets, harbour craft, offshore support vessels, and specialised marine assets.
SG - Specialist marine and offshore expertise

Vessel and operational risk review

Assessment of trading patterns, maintenance regimes, crew experience, and machinery condition to determine appropriate coverage terms and limits.
Vessel and operational risk review

Flexible programme structuring

Customised placements including H&M, increased value, war risks, collision liability (Running Down Clause (RDC), and specialist marine cover extensions.
SG - Professional services and corporate offices

Insurer relationships

Strong relationships with regional and international marine markets offering competitive terms and responsive claims support.
SG - Insurer relationships

Product Overview.

Marine Hull insurance protects vessels and onboard machinery against physical loss or damage arising from maritime perils. With increasing global trade, congested port environments, rising repair costs, and stricter regulatory oversight, vessel operators face significant operational exposure. Marine Hull coverage provides essential financial protection for vessel owners, reducing downtime, supporting safe operations, and enabling continuity of service across domestic and international waters.

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Hull and Machinery (H&M)

Protection for physical damage to the vessel’s hull, equipment, engines, and machinery due to collision, grounding, fire, weather events, or other maritime perils.

Our clients

Who is it for?

Marine Hull insurance is suitable for owners and operators of commercial or specialist vessels, including:

Tugboats, barges, landing craft, and workboats
SG - Tugboats, barges, landing craft, and workboats
Coastal and regional cargo vessels
SG - Coastal and regional cargo vessels
Offshore support vessels (OSVs), crew boats, and supply craft
SG - Offshore support vessels (OSVs), crew boats, and supply craft
Harbour craft and port-service vessels
SG - Harbour craft and port-service vessels
Passenger, ferry, and leisure charter vessels
SG - Passenger, ferry, and leisure charter vessels
Marine contractors and engineering operators
SG - Marine contractors and engineering operators
Shipyards requiring builder’s risk or trial cover
SG - Shipyards requiring builder’s risk or trial cover
Any organisation managing, operating, or relying on vessels for commercial service
SG - Any organisation managing, operating, or relying on vessels for commercial service
Tugboats, barges, landing craft, and workboats
SG - Tugboats, barges, landing craft, and workboats
Coastal and regional cargo vessels
SG - Coastal and regional cargo vessels
Offshore support vessels (OSVs), crew boats, and supply craft
SG - Offshore support vessels (OSVs), crew boats, and supply craft
Harbour craft and port-service vessels
SG - Harbour craft and port-service vessels
Passenger, ferry, and leisure charter vessels
SG - Passenger, ferry, and leisure charter vessels
Marine contractors and engineering operators
SG - Marine contractors and engineering operators
Shipyards requiring builder’s risk or trial cover
SG - Shipyards requiring builder’s risk or trial cover
Any organisation managing, operating, or relying on vessels for commercial service
SG - Any organisation managing, operating, or relying on vessels for commercial service

Related products & covers.

Our approach is tailored to each business we work with. Other products and covers we can arrange that may support your business include:
SG - Third-party dependency

Marine Cargo

Coverage for goods transported by sea, air, or land against loss, damage, or transit disruptions.

Frequently Asked Questions.

Marine Hull insurance, also known as Hull and Machinery (H&M) insurance, protects vessels and onboard machinery against physical loss or damage caused by maritime perils such as collision, grounding, fire, weather events or navigational incidents.

Speak to a specialist

You can easily contact us by filling out the form. Once you have submitted your enquiry, one of our friendly colleagues will reach out to you.