Our tailor-made Extended GA Absorption insurance is based on the underlying H&M conditions and fleet profile.
The cover is designed to absorb all GA interests up to the policy limit, in excess of the absorption clause, under the Hull & Machinery policy. It is particularly suited to vessel types and trades where cargo is being carried on behalf of several owners. Container and Ro-Ro vessels are especially exposed. It may also provide a commercial advantage, shielding sensitive or important business partners from the hassles of GA.
Norwegian Hull Club – the Preferred Leader
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.