General Average Disbursement

Underwriters in discussion in Oslo

"That which has been sacrificed for the benefit of all shall be made good by the contribution of all.”

As contributory values to General Average (GA) are assessed at the completion of the voyage, there is a possibility that these values are reduced or lost if further loss or damage to the ship or cargo occurs between leaving the port of refuge and reaching the final destination. This insurance covers the potential shortfall.

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.