Specialised liability insurance for maritime transport operators and cargo shippers and receivers
About
MECO Marine provides a range of insurance products to clients engaged in maritime trade and transport.
Contracts for the purchase and sale of commodities are becoming increasingly complex, often including onerous liability terms. When buying or selling on FOB or CIF/CFR terms any breach of certain contractual obligations may lead to multi-million-dollar claims.
We are able to provide liability cover for cargo shippers and receivers as well as certain additional covers for assureds of The Charterers Club. Such additional insurance products range from cover for liabilities in respect of terminals to cover for freight at risk and loss of bunkers.
- Liability cover tailored to meet the needs of cargo shippers, receivers, traders and operators under cargo sales and other contracts.
- The MECO Marine cover complements the existing products offered by The Charterers Club and is supported by an experienced MECO team.
- A range of products is available for cargo shippers, receivers and charterers, with limits of up to US$ 500 million.
A
AA-
Security
Markel
Markel Group is Headquartered in Virginia USA, where it was founded in 1930. Markel Group took ownership of the MECO Group and its Brands on 30th May 2025.
The underlying security is provided by entities within the Markel Group of companies.
For business written in the European Economic Area (EEA) security is provided by Markel Insurance SE (MISE) which has a Standard & Poor rating of A and is headquartered in Munich, Germany.
For business written in all other regions the security is Markel Syndicate 3000 which has a Standard & Poor rating of AA-. Markel Syndicate 3000 is run by Markel International from 20 Fenchurch Street, in the heart of the London insurance market.
Markel Group employ more than 22,000 people across 17 countries.
Markel Group
Almost 100 years’ experience in risk management
US$ 8.432 billion in gross premium income in 2024
Market capitalisation of US$ 22.2 billion in 2024
Cover
Liability Cover
Through MECO Marine we can offer a variety of insurance products that complement the cover provided by The Charterers Club. These include Shipowners Liability cover and also insurance for freight at risk and lost bunkers.
MECO Marine can provide a specialist liability cover for cargo shippers and receivers, who may be exposed to certain risks under their sales contracts. Liabilities under such contracts can be significant and we are able to provide cover for certain risks up to a limit of up to USD500 million.
Products
Our Covers
— Architecture services
Since the 1980s, as the complexity of buildings began to increase, the field of architecture became multi-disciplinary with specializations.
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