Insurance for Ship Managers
Third-party ship management companies face unique liability exposures arising from their professional duties to vessel owners. From technical management decisions affecting vessel safety and efficiency, to crew management responsibilities including recruitment and training, ship managers carry significant professional risk.
Errors in navigation decisions, failures in maintenance scheduling, inadequate crew selection, or mistakes in commercial chartering can result in substantial claims against ship managers from vessel owners, charterers, cargo interests, and third parties.
MAXWELL BROKER provides specialized professional indemnity and liability insurance solutions designed specifically for ship management companies. Our coverage addresses the full spectrum of management risks, protecting your company against claims arising from professional errors, negligence, and failures in contracted duties.
