Maritime industry

 

We are the leader in marine insurance on the Polish market. For many years, we have provided security for operations in shipbuilding, offshore, seaports and inland ports, as well as terminal handling services, among others.

 

In the area of operation of these entities, a wide range of risks appears, which can be covered by insurance - depending on demand - including:

• insurance of all vessels (casco) based on both Institute Time Clauses-Hulls, under dedicated terms of Polish insurers, and under club terms,
• liability insurance (including Shiprepairer's Liability Clauses), Institute Protection & Indemnity Clauses Hulls-Time, Charterer's Liability Insurance,
• marine construction insurance based on Institute Clauses for Builders' Risks,
• property insurance,
• property insurance (cargo) in sea, truck, rail, combined transport,
• insurance related to the mining industry - including for fixed and floating platforms, drilling insurance, including drilling equipment insurance,
• personal insurance for vessel crew members, general personal insurance (accident insurance both at work on land and in maritime areas)
• financial insurance related to ongoing contracts,
• as well as (among other critical infrastructure) insurance against specialized risks like cyber risks and Crime, Kidnap & Ransom (K&R), terrorism and embezzlement.

 

We are a comprehensive team of experts specializing in marine insurance. Our staff includes brokers responsible for insuring some of the largest maritime projects in the country. We serve both private entities and state-owned companies with public procurement procedures. Our clients include not only shipyards, but also companies in the perimeter of the shipbuilding and maritime industries whose business security is supported by specialized marine insurance.

 

We actively cooperate with the market of Polish and foreign insurers.

 

Marine insurance tends to have different rules and sources of law from other types of insurance. To arrange such insurance, a selected team of specialists is required. We combine our experience in insurance risk analysis and management, reinsurance and claims settlement to provide support to our clients in a complementary and unique way for the Polish market.

 

 

We accept various models of cooperation:

• we build insurance programs directly for our clients,
• we assist insurers with reinsurance experience of international markets,
• we advise on building the optimal insurance strategy and managing risk across the business,
• we support in the process of technical audits, including support of our experienced staff for extensive risk assessment and JH143 international class shipyard audits.

 

Experience in numbers:

• a 4-person team specializing in marine insurance,
• 20 years of experience in building insurance coverage for the safety and growth of companies in strategic economic sectors,
• more than PLN 40 m of premium placed within marine insurance companies in 2022 alone,
• nearly PLN 1 bn in guarantee sums issued on behalf of shipbuilding and maritime clients in the last 5 years,
• more than PLN 4 bn of insured assets in the maritime sector in 2022 alone.

Our marine insurance programs provide:

• Comprehensive protection,
• Effective insurance coverage,
• Reduced cost of risk financing,
• Flexible protection,
• Terms used by the international marine insurance market,
• Ability to obtain reinsurance in international markets,
• In case of damage - care of lawyers and specialists.

 

The peculiarities of the maritime market require special attention to safety and sustainable risk transfer to the insurance market.

 

In today's challenging and uncertain times, determined by war, pandemic, inflation, rising interest rates, domestic and international market volatility, how do you hedge your business risks? Attis Broker has been supporting the maritime market in this area for 20 years, having gained unique experience and competence over several decades.

 

During this time, we provided insurance coverage for dozens of strategic investments and construction projects related to the maritime market, including prototype projects worth billions of zlotys. At the same time, our claims department, provided our customers with support in the process of settling multimillion-dollar claims.