Your yacht is unique and deserves specialized protection
Whether you own a mega yacht, sportfish boat, classic yacht, high-performance powerboat, or something different, we have the insurance solutions you need.
Our Marine & Yacht Practice incorporates the expertise of industry leaders from Gowrie Group and Atlass Insurance Group to ensure you get custom, comprehensive coverage for all of your yachts and marine interests.
As your marine risk advisors, we understand the complexities of yacht ownership and the need for the highest level of protection and risk management.
As marine specialists, we work with you to gain a full understanding of what makes you and your yacht unique, taking into consideration a wide range of factors including boat type, construction, marine electronics & specialized technologies, your cruising plans and racing schedules, safety equipment, navigation areas, and hurricane zones.
Together we design an insurance solution that provides the highest level of protection for your yachts, passengers, paid crew, and your family’s nautical lifestyle.
What are the key aspects of strong boat insurance submission?
In today’s marine insurance environment, it is critical to work with a marine insurance advisor who knows what makes a risk most attractive to an underwriter. Underwriters scrutinize each risk to determine if the owner and boat are a smart risk. The marine advisors at Risk Strategies work with you to assemble the necessary supplemental materials to ensure your submission is strong and attractive.
- Boating Resume
- Personal Information
- Full Name
- Contact Information (phone, email)
- Address
- Boating Experience
- Summary of your boating experience (years, type of vessels operated)
- Specific skills and expertise areas (e.g., navigation, safety procedures, weather assessment)
- Licenses and Certifications
- Boating licenses (with issuing authority and dates)
- Safety and operational certifications (e.g., CPR, First Aid, Advanced Navigation)
- Prior Boat Ownership
- List of vessels owned with specifications (make, model, size)
- Dates of ownership
- Navigation areas (lakes, rivers, coastal, offshore)
- If no relevant ownership, mention any required captaincy or operational details
- Paid Captain Resume (if applicable)
- Detailed boating experience as a captain
- Types of vessels operated
- Navigation areas
- Claims history (if any)
- Paid Crew Resumes (if applicable)
- Experience of each crew member
- Specific roles and responsibilities
- Claims history (if any)
- Marine Survey
- Details of the latest NAMS/SAMS accredited marine survey (less than 3 years old)
- Confirmation of survey recommendation completion
- Hurricane/Storm Plan
- Detailed plan for securing the boat in case of hurricanes or severe weather
- Absentee Owner Plan
- Procedures for managing and maintaining the boat when unattended
- Maintenance Service Records
- Records of all maintenance and repairs
- Dates and details of improvements and servicing
- Boating Safety & Claims Records
- Summary of safety records and any claims filed
- Measures taken to mitigate risks
- Personal Insurance Portfolio
- Overview of existing personal insurance coverages (homes, autos, valuables)
- Relevance to marine insurance considerations
