Marine Hull

Underwriting appetite

We insure ships worldwide against physical loss or damage. Policies are principally written at Lloyd’s, but we also have dedicated underwriters in the shipping centres of Asia and Europe.

The perils to which a ship is exposed to are many and varied; some are related to the quality of the ship itself and its operating environment, others to the quality of its management and crew.

Quality of management is the key to success in this class of business. We write a broad range of sub classes, notably hull & machinery, increased value, builders’ risks, yachts, marine property, mortgagee’s interest and war risks. We write vessels of all sizes, from small craft to the largest ocean going vessels. Constructions risks are written, ranging from short refits to the building of giant cruise liners and military vessels.

Yachts ranging from the smallest of dinghies to the biggest of megayachts are also written, although the smaller vessels will tend to be insured by means of delegated underwriting authorities. War risks are also led and we have in-house specialist risk analysis, enabling us to provide cover to some of the most hazardous territories.

Coverage

We underwrite policies that insure against the risks of physical loss or damage to the vessel, together with limited collision liability cover. In the case of yachts, this liability coverage may extend to third parties. War policies offer coverage for violent acts against a ship and terrorism.

Narrative

Catlin is one of the largest London based hull underwriters, both by premium and individual risk capacity and has written this class of business since it began underwriting in 1985. We write business on a direct and reinsurance basis, via brokers and via underwriting agents. We are acknowledged as leaders in hull and its related classes and lead almost half of the business that we write.

The majority of our business is written to Lloyd’s brokers, and we enjoy excellent relationships with the broking community. We offer flexibility and availability to brokers, together with fast response times and an excellent claims service.

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Business Group Leader: James Farquhar Tel: +44 (0)20 7458 5784
Email: james.farquhar@catlin.com

Business Group Leader-Marine

James started his insurance career in 1985 at Lander Eberli Shorter Ltd. He moved to the Stewart Wrightson/Willis Faber surety and specie division in 1986 and then to the fine art and specie division of Johnson & Higgins (UK) Limited in 1995. During this period James specialised in broking fine art and specie insurance. In 1996 James joined Lloyd-Roberts (syndicate 55) as class underwriter responsible for the specie account, while also assuming responsibility for the political risk and war risk account. James joined CUAL in January 2000 as specie underwriter. He was appointed Marine Business Group Leader in 2006.
Underwriter: Simon Shrimpton Tel: +44 (0)20 7648 8172
Email: simon.shrimpton@catlin.com

Underwriter

Simon entered the insurance business in 1986 when he joined the composite marine syndicate managed by L G Cox & Co. He served as claims manager and joined the underwriting team in 1992, writing both short-tail commercial and marine hull business.
He joined Royal & SunAlliance as a hull underwriter in 2001 with responsibility for one of the largest accounts in the London market. Simon joined Catlin in July 2003 as a class underwriter specialising in hull accounts.; Chris Tootill Tel: +44 (0)20 7648 7842
Email: chris.tootill@catlin.com

Underwriter

Chris graduated in 1993 from Massey University, New Zealand with a Bachelor degree in Business Studies. He joined Royal & SunAlliance in 2000 as a team leader in the Risk Managed division. A year later he switched to the Marine Department as a business analyst. In 2003 Chris transferred to the Hull Underwriting team and also developed the Aquaculture proposition, which won the International Initiative of the Year at the British Insurance Awards. Chris joined Catlin in 2006 as an assistant underwriter in the hull team and was promoted to class underwriter in 2009.; Andrew Turton Tel: +44 (0)20 7015 0748
Email: andrew.turton@catlin.com

Underwriter

Andrew began his career in 1980 with Commercial Union. In 1985 he joined the Lloyd’ s marine syndicate G.L.Towers as an assistant hull underwriter. In 1991 Wellington Underwriting Agency merged the syndicate with I.C.Agnew & Ors and Andrew continued to underwrite the hull account for the Wellington Underwriting Group. He transferred to Catlin in 2006 as a class underwriter for the hull account.

Underwriting Assistant: Michelle Boyd Tel:+44 (0) 20 7743 8425
Email: michelle.boyd@catlin.com; Samantha Dunning Tel: +44 (0)20 7648 8191
Email: samantha.dunning@catlin.com; Brett Hanrahan Tel: +44 (0)20 7015 0934
Email: brett.hanrahan@catlin.com; Kelly-Ann Villios Tel: +44 (0)20 7743 8490
Email: kelly-ann.villios@catlin.com

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