Haven Knox-Johnston Commercial has launched a new Marine Trade Insurance policy, expanding the company’s product portfolio.
The policy, which is available from January 2025, is designed to simplify and streamline insurance for small to medium-sized businesses operating in the UK marine trade industry market.
Haven Knox-Johnston aims to provide a single solution that provides easy-to-understand cover tailored for marine complexities, whilst being written in plain English.
The policy is the first new insurance product from Haven Knox-Johnston Commercial created specifically for the UK marine trade industry in more than a decade.
The Marine Trade Insurance policy has been written in-house by the Haven Knox-Johnston Commercial team.
We are proud to offer an insurance solution to the industry that is modern and fit for purpose.
Malcolm Stewart
“Our new policy is an evolution on what has gone before. It is more rounded and offers better cover whilst not compromising on our core principle – to provide a specialist product for the UK marine industry,” said Malcolm Stewart, Haven Knox-Johnston Commercial manager.
“We are proud to offer an insurance solution to the industry that is modern and fit for purpose.”
The wording reflects Haven Knox-Johnston Commercial’s to deliver a solution that addresses the challenges faced by the marine trade sector.
Risks covered include third party liability, material damage, employers’ liability, business interruption, goods in transit, marine hull and liabilities and boat builders’ risks.
Coverage is underwritten by Tokio Marine HCC, rated A++ (Superior) by AM Best.
