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Yacht

Yacht

Norwegian Hull Club’s specialised yacht covers are based upon experience and lessons learned from our marine underwriting and cruise insurances.

The added value commercial ship owners and cruise operators have enjoyed for centuries from strategic partnerships with specialised marine insurers are being highly appreciated in the yacht world.

Norwegian Hull Club provides an array of covers for Super, Mega and Giga Yachts.

When the unexpected strikes, our clients gain immediate access to:

  • The Club's 24/7 world-class Emergency Response Team;
  • Specialised Legal and Technical Advisors;
  • Salvage Experts and Operational Intelligence.

These resources have proven critical in safeguarding assets, operations, and reputations - when it matters most. In this way, we deliver more than insurance: we deliver peace of mind.

Today, we insure more than 250 yachts with an average 1,950 Gross Tonnage.


"Norwegian Hull Club has almost 200 years of accumulated experience - that's why we deliver more than insurance. We deliver peace of mind."

Thomas McPherson, VP Underwriting Yachts


It's our Service Concept that sets us apart

When placing insurance with Norwegian Hull Club as Leader, an Assured has access to claims handling experience, service levels and competence of the highest quality. We handle claims and critical situations in the most professional way. We prioritise and make claims settlements much quicker than the industry average, through practical, solution-driven claims handling and involvement from notification to final payment. Norwegian Hull Club encourages teamwork together with the Assured and the broker.

Our world-leading contingency support and operational intelligence services are developed from handling some 2,500 claims every year. We organise a wide variety of loss prevention activities for both ship and shore-based staff, sharing experience from actual incidents, aimed at improving industry best practice.

Yacht Covers

Yacht - Builder's Risk

Insurances for new buildings or conversions, usually purchased by the yard, but also by the buyer.

Yacht - Mortgagee's and Owner's Interest

Insurances designed to protect the economic interests of the Mortgagee or Innocent Owner.

Yacht - Kidnap & Ransom (K&R)

Offers worldwide, professional security and crisis management for offshore and onshore employees.

Yacht - Cyber: 380 Buy-back

First of its kind, addressing the growing threat of cyber-attacks on vessels and shore-based organisations.

Yacht - Loss of Charter Hire

Norwegian Hull Club is one of the largest providers of Marine Loss of Hire insurance worldwide.

Yacht - Loss of Charter: Extended

Covers an agreed number of chartering weeks and can complement or replace standard Loss of Charter Hire insurance.