Operating since 1986 we offer Charterers Liability and FD&D Insurance to companies that charter ships. We marry the ethos of service and support with competitive premiums and outstanding financial security.
Aurora P&I is a fixed premium facility, managed by MECO Group, trading as Aurora Managers, offering P&I cover for owners of small ships operating domestically and on inland waterways, worldwide. Aurora’s policies provide cover up to US$ 500m and are backed by AA- S&P security. Legal defence cover is also available together with all the ancillary covers required by owners operating in this market. Aurora Managers, acting as Coverholders, provide a first class service, at all levels.
Transmarine provides ship owners and operators with comprehensive Trade Disruption Insurance (TDI), covering fleets for loss of earnings and protecting cash flow.
The cornerstone of Transmarine’s cover is ‘Loss of Hire’ – insuring the vessel operator against loss of use following damage to the vessel arising from a hull and machinery peril. Transmarine also covers an extensive range of more than twenty additional perils that would not be covered under a traditional hull-based loss of hire policy.
We provide comprehensive liability insurance to clients engaged in international trade involving maritime transportation as well as those engaged in the logistics of the maritime supply chain. We also offer ancillary insurance policies to existing clients that charter ships to cover risks such as bunkers, freight, and SOL. The breadth of cover and depth of expertise available under our specialised insurance policies gives our clients the peace of mind to concentrate on their core activity – facilitating global trade.