MANAGED BY THE MECO GROUP
LOSS OF HIRE INSURANCE FOR THE 21st CENTURY
We are an international team of reputable, dedicated and knowledgeable marine insurers, proud of delivering high quality insurance products.
Shipping as a business requires managing commercial, economical and counterparty risk to make it truly successful. And this itself can be influenced by the operating environment for instance adverse weather conditions that can cause damage to a ship’s hull and machinery and other systems, or the increased risk of collision when a ship is in congested waters or maybe approaching a port or birth.
With a Transmarine Trade Disruption Policy, the business owner knows that they will be compensated for time lost if their ship is involved in an incident which then has a direct effect on their business. Our portfolio consists of clients of all sizes, from multi-national cargo vessel management companies to inland cruise operators.
Our insurance products were developed by seafarers for shipowners and is underwritten by Lloyd’s of London and carries an A+ Standard and Poor’s rating.
Providing balance sheet protection to ship owners, managers and operators since 1974.