Marine insurance delivered properly

Announcement

Further to the 16 April 2025 announcement regarding Markel International and the MECO Group. All regulatory change in controls have now been granted and Markel became the owner of the MECO Group, its Brands and all subsidiaries on 30 May 2025.

Please contact Gavin Ritchie if you have any queries in relation to this announcement.

About

2024 marks the 50th anniversary of providing specialist insurance services to the marine industry.

The experience gained over these years by our international team of reputable, dedicated and knowledgeable marine insurance specialists has enabled Transmarine, The Charterers P&I Club and Aurora P&I to become leaders in their markets.

Our expertise is the provision of branded marine insurance products, supported by a global team of maritime and legal professionals, who assist in the effective management of claims and disputes.

SECURITY

Part of Markel

MECO Group and its brands are owned by Markel International and the security for the policies we underwrite are provided by Markel Syndicate 3000 at Lloyd’s or for business domiciled in the EEA by Markel International SE. Founded in 1930 Markel is listed on the New York Stock Exchange MECO are part of the Markel family of companies that operate from 16 countries.

For policies underwritten on or prior to 30 June 2025 MECO had a long-term relationship with Great Lakes Insurance SE part of the Munich Re.

──‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎‏‏‎ ‎Learn more

Cover

A range of insurance products across four brands

We offer a wide variety of insurance products ranging from trade disruption insurance through to P&I cover for owners and charterers of vessels trading regionally or worldwide.

MECO Brands

The MECO Group owns and manages four marine insurance brands

P&I Club exclusively for charterers

Loss of hire

p&I Cover for small ships

Liability Insurance

MECO Brands

The MECO Group manages four marine insurance brands

Exclusively for Charterers

Complex trading and freight markets mean that charterers need insurance with 1st class security and the support of a global team of specialists.

P&I Cover for Small Ships

Fixed premium P&I Insurance for small ships. Unique in its focused approach for owners of small ships and built on tradition, service and expertise.

Loss of Hire Insurance

Trade Disruption Insurance (TDI) for shipowners and charterers against unexpected delay and losses whilst operating their ships.

Liability Insurance

Innovative Insurance for those involved in maritime operations, the global supply chain, forwarding or the import or export of cargo.

MECO Brands

The MECO Group owns and manages four marine insurance brands

Exclusively for Charterers

Complex trading and freight markets mean that charterers need insurance with 1st class security and the support of a global team of specialists.

P&I Cover for Small Ships

Fixed premium P&I Insurance for small ships. Unique in its focused approach for owners of small ships and built on tradition, service and expertise.

Loss of Hire Insurance

Trade Disruption Insurance (TDI) for shipowners and charterers against unexpected delay and losses whilst operating their ships.

Liability Insurance

Innovative Insurance for those involved in maritime operations, the global supply chain, forwarding or the import or export of cargo.

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Complex trading and freight markets mean that charterers need insurance with 1st class security and the support of a global team of specialists.

Title

Fixed premium P&I Insurance for small ships. Unique in its focused approach for owners of small ships and built on tradition, service and expertise.

Title

Trade Disruption Insurance (TDI) for shipowners and charterers against unexpected delay and losses whilst operating their ships.

Title

Innovative Insurance for those involved in maritime operations, the global supply chain, forwarding or the import or export of cargo.

EXCLUSIVELY FOR CHARTERERS

Complex trading and freight markets mean that charterers need insurance with 1st class security and the support of a global team of specialists.

P&I COVER FOR SMALL SHIPS

Fixed premium P&I Insurance for small ships. Unique in its focused approach for owners of small ships and built on tradition, service and expertise.

LOSS OF HIRE INSURANCE

Trade Disruption Insurance (TDI) for shipowners and charterers against unexpected delay and losses whilst operating their ships.

LIABILITY INSURANCE

Innovative Insurance for those involved in maritime operations, the global supply chain, forwarding or the import or export of cargo.

— Explore our

Products

Yachts P&I

Terminal Operators Liability Cover

Stand-by Crew

Specialist Operations

Shipowners Liability (“SOL”) Cover

Salvors’ liabilities

Owners’ P&I

Liability Insurance Cover

Freight At Risk

Excess P&I War Risks

European Inland Waterways

Defence Cover

Defence Cover

Cruise and Passenger Vessels

Contractual Extension Liabilities

Cargo Shippers and Receivers Liability

Cargo and Specialist Vessels

Bunkers

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