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The Maritime arena remains a high-risk business, one of the few where catastrophic accidents can and do happen on a regular basis.
On top of traditional perils – bad weather, piracy and man-made accidents – marine business remains vulnerable to a wider spectrum of emerging risks.
- Society is increasingly unwilling to tolerate the environmental damage caused by oil pollution spills and as such liabilities in this area are increasing.
- Pandemic diseases such as Avian Flu could lead to business interruption on a massive scale.
- The tendency for terrorists to attack modes of transport, and consequent new security regulation, has turned security into a priority issue.
Marsh has garnered extensive experience in addressing the interests of the maritime industry from – tankers, gas carriers, container vessels, cruise liners, bulk carriers, dredgers, oil fuel support vessels, tugs, barges, and many more.
We are a market leader in the placement and servicing of local and global programmes, providing complete brokerage, administrative and claims services to meet your insurance requirements.
Our Marine business consists of two product lines:
- Marine Cargo
- Marine Hull/Protection &Indemnity (P&I)
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Protecting Your Business