STEADY PROTECTION FOR EVERY VOYAGE
Sukoon Marine Hull Insurance delivers specialist protection for commercial marine assets, covering reputable fleets, marinas, shipyards, and ports against physical damage and insured marine perils. With global underwriting capacity of up to USD 15 million and a focused presence across Europe, Asia-Pacific, Sub-Saharan Africa, and Latin America, the plan supports quality marine risks while excluding high-risk vessel categories. Backed by experienced underwriting and disciplined risk selection, it offers dependable, tailored protection for corporate and industrial marine operations worldwide.
RISK APPETITIE
Capacity and Regional Scope
Capacity of USD $15 million
Worldwide focus with emphasis on Europe, Asia-Pacific, Sub-Saharan Africa, and Latin America.
Preference
- IACS-classed vessels with a focus on product / chemical / oil tankers and offshore brown water vessels
- Known and reputable fleet, especially those where a reputable Lloyd's Syndicate and/or a known Marine company market is leading the program
- Marina operator's liability risk
- Ship repairer's liability for known and reputed shipyards and known ship repairers with projects of periods up to 36 months duration, subject to JH 143 survey
Restrictions
- Singleton Vessels
- Fishing Boats
- Trawlers
- Passenger Ferries
- Demolition Voyages
- Limited appetite for supporting non-standard lead terms
