Marine Builders Risk Insurance

Whether you’re building a new ship or converting an existing one, each phase brings specific risks that can impact timelines, budgets, and safety. Marine Builders Risk Insurance is designed to protect stakeholders throughout the construction process, typically covering physical damage to the vessel under construction, loss or damage to machinery and equipment, third-party liability during trials, and risks such as fire, explosion, or natural perils, including damage during launching and delivery.

We partner with shipbuilders, owners, and financial stakeholders to structure tailored policies that reflect the scale and complexity of each project. Our team understands the importance of construction timelines, contractual requirements, and evolving exposures – offering insurance solutions that give you the confidence to move from plans to open waters without unnecessary risk.