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Marine equipment

Our team of experienced underwriters has developed an insurance product designed specifically to meet the demands of marine equipment owners and operators. Whether onboard a vessel, on dry land or operating overside, Tokio Marine Kiln’s marine equipment policy combines exceptionally broad coverage with a flexible approach to pricing.

The key benefits of this product include:

  • Worldwide comprehensive all-risks coverage for all equipment owned or operated
  • Flexible underwriting and pricing to cater for use and geographic location
  • Automatic coverage for additional equipment
  • 24/7 coverage – protects equipment in storage, in transit, onboard vessel or in operation
  • Coverage for equipment at exhibitions or events
  • Loss of revenue coverage or continuing expenses following damage or loss of equipment up to a maximum aggregated value of GBP50,000

Covering your needs

This product suits owners and operators of the following types of equipment:

  • Remotely operated vehicles (ROV) and autonomous underwater vehicles (AUV)
  • Oceanographic survey equipment excluding streamer operations
  • Trenchers and ploughs
  • Dive bells and hyperbaric chambers
  • On vessel fixed equipment not covered by a hull insurance policy 
(cranes, decompression chambers, etc.)

Download product sheet

Phillip Cahill
Divisional Head of Cargo London
Cargo, specie, fine arts and rejection
Tel: +44 (0)20 7886 9000
Marcus Zapfe
Regional Underwriting Manager, Marine Frankfurt
All classes of marine insurance
Tel: +49 (0)69 9778899-210
Martin Muche
Senior Underwriter, Marine Frankfurt
All classes of marine insurance
Tel: +49 (0)69 9778899-211