Products and Services
Hull & Machinery
Protects the Assured’s economic interest in the ship and its equipment’s capital value by covering the cost of damage repairs and total loss.
- AndersFurnesSenior Vice PresidentBergen
Loss of Hire
Norwegian Hull Club plays an active role in the Nordic Marine Insurance Plan revision committee, and offers insurance coverage for MOUs based on standard international conditions.
- ErikWickmannVice PresidentBergen
NIORD - the new Norwegian-based offshore renewables insurance specialist - will be operational from 1st January 2024.
- GeorgNygaardHead of Global Energy & SpecialtyBergen
Norwegian Hull Club provides cover for marine builders' risks and construction of mobile offshore units.
Our Delay In Delivery product covers losses due to an incident at the shipyard that causes a delay in delivering the newbuilding or conversion.
A first on the market from Norwegian Hull Club - providing back to back coverage with the yard’s existing warranty or guarantee clauses.
We strive to meet our clients’ and members’ needs for tailored coverage, developing our product portfolio through close collaboration with owners and their brokers.
Battery Performance - Loss of Hire is subject to the Nordic Marine Insurance Plan of 2013 (version 2023). As well as being an optional addition to normal Loss of Hire cover, it is also available as a standalone product.
Norwegian Hull Club's Cyber insurance is the first of its kind in the market with a unique two level approach.
SRI cover - which is subsidiary to ordinary P&I cover - is triggered by a total loss and covers the assured’s added costs for recycling a wreck at an EU- verified yard. Cover limit is up to USD 5 million, and is available to both existing and prospective clients.
We cover a variety of tows including wet tows (mobilisation by use of tug(s)), dry tows (mobilisation by use of a heavy lift vessel) or delivery voyages (movement by own power).
Norwegian Hull Club offers a wide range of covers for different contractual exposures.
Norwegian Hull Club provides cover for subsea equipment whether operational, in transit or in storage.
Damage to Marine Scrubber Systems: Additional Costs and Loss of Hire Insurance. This cover is in direct response to clients and brokers who approached us for a solution as 1 January 2020 beckoned.
Our Drug Seizure insurance covers loss of income and costs connected to any investigation if the vessel is either detained due to a discovery, or even suspicion, of drugs on board.
Our Kidnap & Ransom (K&R) insurance offers worldwide, professional security and crisis management for offshore and onshore employees, as well as compensating for financial loss.
Trade Disruption Insurance (TDI) is designed to protect a vessel’s earnings against events affecting the entire supply chain.
Extended General Average (GA) Absorption insurance is designed to minimise delays and avert strains on commercial relationships by avoiding the time consuming and expensive processes of collecting GA bonds and guarantees from cargo owners.
Norwegian Hull Club is well positioned with the required competence, capacity, flexibility and efficiency of handling to be a preferred provider of GA Disbursements insurance, also in cases where the claims lead is placed elsewhere.
With political turmoil increasing in many parts of the world, challenges are ever present for vessel owners. Norwegian Hull Club provides covers that deliver security and protection for vessels or units that repeatedly trade in such unstable areas.
Norwegian Hull Club has the experience and competence to create tailor-made solutions, which can protect our clients against exceptional exposures.
Norwegian Hull Club’s specialised yacht covers are based upon experience and lessons learned from our marine underwriting and cruise insurances.
- ThomasMcPhersonVice PresidentBergen
Insurances for new buildings or conversions, usually purchased by the yard, but also by the buyer.
Insurances designed to protect the economic interests of the Mortgagee or Innocent Owner.
Our K&R insurance offers worldwide, professional security and crisis management for offshore and onshore employees.
Norwegian Hull Club's Cyber insurance is the first of its kind on the market. It addresses the issue of cyber-attacks against vessels or land-based organisations being a real and increasing threat for the yachting industry.
Norwegian Hull Club is one of the largest providers of Marine Loss of Hire insurance worldwide.
Extended Loss of Charter Hire is structured in the same manner as Loss of Charter Hire. It indemnifies the Assured for an agreed number of Chartering weeks and is a natural extension where we already insure Loss of Charter Hire, but can also be written on a stand-alone basis.
Marine Benefits – a subsidiary of Norwegian Hull Club – is a recognised leader in innovative crew-insurance solutions to the global maritime industry.