Norwegian Hull Club is one of the largest providers of Loss of Hire insurance worldwide, usually covering 100% of the risk as Claims Leader, predominantly on standard conditions, cf. Chapter 16 of the Nordic Marine Insurance Plan.
Loss of Hire insurance also covers loss of income caused by incidents such as:
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 prioritize and make claims settlements much quicker than the industry average, through practical, solution driven claims handling and involvement from notification to final payment. We encourage teamwork together with the Assured and the broker.
Our world-leading contingency support and operational intelligence services are developed from handling 2.000 claims every year. We organize 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.