Getting Superyacht Insurance Right
The superyacht world is complex, and getting insurance right is critical. At Beaconsure, we work directly with superyacht consultants, captains, and management companies to ensure their clients have exactly the right coverage in place — giving everyone peace of mind on and off the water.
If you're a superyacht consultant, we can act as your trusted insurance partner. We handle the complexity of the insurance process on your behalf, so you can focus on what you do best — while knowing your clients are properly protected.
Our access to Lloyd's of London and specialist marine underwriters means we can place even the most complex superyacht risks at highly competitive premiums, with coverage tailored to the vessel's usage, cruising area, crew, and charter status.
Our executives are keen yachtsmen. We understand the lifestyle, the terminology, and the realities of operating a vessel — not just the paperwork behind it. When you speak to us, you're speaking to someone who genuinely knows the water.
Lloyd's of London Access
Placement through the world's leading specialist marine insurance market
Hull & Machinery
Agreed value coverage for the vessel, machinery, tenders, and equipment
P&I Insurance
Comprehensive Protection & Indemnity for third-party and guest liability
Crew Coverage
MLC-compliant employer's liability and personal accident for crew members
Common Problems — and How We Solve Them
Superyacht insurance is rarely straightforward. Here's how we help consultants and owners navigate the most common challenges.
Generic policies that don't fit superyacht operations
We place bespoke policies through specialist Lloyd's syndicates and marine underwriters, tailored specifically to your vessel's size, flag, crew, and cruising range.
Inadequate liability limits for charter or commercial use
We ensure P&I (Protection & Indemnity) and hull coverage are structured correctly for both private and charter use, with limits appropriate for high-value vessels and guest exposure.
Gaps in crew coverage and employer's liability
We advise on comprehensive crew insurance, including employer's liability and personal accident cover that meets MLC (Maritime Labour Convention) requirements.
Difficulty placing coverage for complex or older vessels
Our wide market access means we can find solutions for hard-to-place risks — including older vessels, those under refit, or operating in restricted cruising areas.
Underinsured hull values following refit or upgrades
We conduct regular coverage reviews and work with agreed value policies to ensure your hull sum insured accurately reflects the vessel's true market value at all times.
Navigating insurance without dedicated marine expertise
As specialist marine brokers with Lloyd's access, we guide consultants and owners through every stage — from initial placement to claims — with clarity and expertise.