General Product Features
It is our company‘s proven philosophy to offer market-oriented services worldwide, combined with a traditional German approach to business, lean structures and competitive prices.
Below listed features apply to all our P&I and FD&D insurance covers of
Fully A-rated
All insurers behind our insurance products are fully A-rated to provide best possible reliability to our assureds. Leading Lloyd’s of London marine syndicates and European specialist marine insurance companies combined with a fully A-rated reinsurance programme guarantee you not only best possible financial strength but also profound expertise in the marine insurance business.
Fixed Premium
Hanseatic Underwriters follows its proven philosophy and offers P&I and FD&D cover on a fixed-premium basis. We, furthermore, primarily insure container feeder and general cargo vessels, auxiliary craft, and coastal tonnage to avoid the indirect burden for assureds through the much higher risks of large vessels, tankers or passenger ships.
Reliable Acceptance
As a Shipowner or Charterer you can only be successful if you operate your ships and business with a high degree of skill and competence. And when insurance cover is needed it is important to know that you always have solid and reliable protection on your side. Thus, all aspects from “Arrest Guarantees”, “Bank Acceptance” or “Japan Admission” to “COFR” or “Blue Cards” are reliably covered by our services.
No Supplementary Calls
Financially strong partners and the world‘s leading reinsurers provide strong security without the need of “supplementary call” payments for claims of others, when a bad year is expected. Hanseatic Underwriters is confident of its performance and service. Should you nevertheless wish to change insurers, we do not even complicate matters by charging a release call.
Clearly Understandable Rules
Hanseatic Underwriters provides insurance cover with its own General Insurance Conditions which grant the shipowner or charterer – clearly understandable – protection against third party liability claims according to the international standard.
No Additional Calls
Hanseatic Underwriters’ customers don‘t have to fear any additional premium calls. At the signing of the insurance contract assureds can calculate the final cost of their insurance protection without budgetary risks.
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