Nordic LoH Innovative conventional LoH insurance with a standard deductible of 7 days Consistent with our drive to innovate, 2024 saw the launch of NORDIC LoH, a conventional Loss of Hire cover with a 7 days’ deductible! NORDIC LoH covers delays when a ship
NORDIC HULL
web_admin2024-09-10T16:27:21+02:00Nordic Hull Nordic Marine MGA Hull facility Nordic Hull provides comprehensive H&M insurance via an MGA setup (Managing General Agency) backed by A-rated insurers and managed by Nordic Marine’s experienced and recognised underwriting and claims handling team. The facility provides comprehensive H&M insurance, increased-value (IV),
NORDIC PRIMARY LAYER LOSS OF EARNINGS
web_admin2024-09-10T16:02:17+02:00Nordic Primary Loss of Earnings (PLoE-H&M) Loss of Earnings with 7 days deductible NORDIC PLoE-H&M covers delays following physical damage to a vessel that is or would be covered under an Assured’s mainstream underlying H&M policy. NORDIC PLoE-H&M is a standalone policy that, for suitable risk profiles, provides a
DELAY – SCRUBBER BREAKDOWN
web_admin2024-07-22T13:01:17+02:00Delay - Scrubber breakdown DELAY INSURANCE - DELAY FOR OWNERS SPECIAL SCRUBBERS’ BREAKDOWN CLAUSE Cover for shipowner’s losses of earnings due to an exhaust gas scrubber breakdown that causes delay to the Insured Ship. This insurance covers Loss of Earnings caused by a breakdown of the Scrubber
YACHT COVERS
web_admin2024-09-10T17:38:03+02:00Yacht covers YACHT OWNERS' CHARTER CANCELLATION INSURANCE Yacht owners are exposed to losses in case of cancellation of a charter. Yacht charter vacations are mostly booked using MYBA contracts, a standard format especially developed for the global yachting industry, although several standard contracts are also used in
DELAY – CHARTERERS
web_admin2024-07-22T13:02:48+02:00Delay - Charterers DELAY INSURANCE FOR CHARTERERS & SPOT MARKET OPERATORS Cover for ship charterers’ or operators’ losses due to delay arising from events caused by specific shoreside named perils. TIME CHARTERERS operating vessels on their own trade or on voyage charter basis, and, OWNERS
NORDIC MARITIME LIENS
web_admin2024-09-10T16:51:05+02:00NORDIC Maritime Lien Insurance Actions “in rem” can lead to a ship being arrested on grounds of a Maritime Lien that was created by a different party than the current owner of the ship. Maritime Lien Insurance is a specialist niche that can be relevant for :
NORDIC DELAY FOR OWNERS
web_admin2024-09-10T16:46:44+02:00Delay insurance for owners Cover for shipowners’ losses due to delays arising from specific named perils NORDIC Delay is one of Nordic Marine’s niche tailor made insurance solutions that connect to, complete and enhance the compulsory mainstream covers. NORDIC Delay is a fixed premium cover for