Marine

Marine

Besso has one of the strongest and most respected marine divisions in the Lloyd’s market. Formed in the 1990s, the division has over 20 specialists whose backgrounds and skills provide a rare depth of experience across a wide range of products.

Working worldwide with intermediaries or directly with the insured, our marine brokers are known for their approachability, close personal attention, precise focus, and speed of delivery. The team exemplifies Besso’s reputation for traditional broking values combined with an innovative approach and a superior knowledge of direct, wholesale and reinsurance products.

We provide specialist cover that matches individual needs, particularly for unusual, complex or ‘exotic’ risks. Cover includes blue and brown water vessels, passenger ships, super yachts and mega yachts, as well as niche areas such as fishing, intermodal operations, ship repairing and towage, salvage and wreck removal. As an example of our expertise and standing in the market, Besso was appointed sole broker for the salvage of the Costa Concordia. 
 
Claims specialists are an integral part of the division, enabling us to handle insurance from placement through to settlement. Additionally, thanks to strong relationships with adjusters, lawyers, surveyors and salvage services, we provide a comprehensive service in loss situations.
 
Below are our principal areas of business: 
  • Hull, machinery and hull interests including war risks and port risks
  • Protection and indemnity (mutual or fixed premium)
  • Charterer’s liability
  • Builders and conversion risks
  • Loss of hire/earnings
  • Package policies for terminals, ports and other marine installations
  • Ship repairers, stevedores and liabilities
  • Professional indemnity for the maritime and transport industries
  • Oceanographic overside and underwater equipment
  • Crew personal accident
  • General cargo plus commodities
  • Stock throughput
  • War, strikes, terrorism
  • Political risks  

Specifically for clients in the USA: 

  • Maritime employer’s liability
  • Longshore and harbour workers

To find out more about our full marine capability, or to discuss your individual needs, please contact one of our brokers.

We have deep roots and generations of specialist experience. Besso’s culture and people inspire trust and confidence wherever we operate ... Colin Bird, Chairman Besso Limited

Company Information

Besso Limited is authorised and regulated by the Financial Conduct Authority. The FCA firm reference number is 309159
Registered Office: 8-11 Crescent, London, EC3N 2LY.
Registered in England No: 00910680

Optex Group Limited is authorised and regulated by the Financial Conduct Authority. The FCA firm reference number is 402258
Registered Office: 8-11 Crescent, London, EC3N 2LY.
Registered in England No: 05022286