RSA Superyacht Insurance

Emily Grew looks at the importance of professional and proactive claims handling by the dedicated and knowledgeable RSA in-house team

RSA Superyacht InsuranceRSA Insurance is one of the world’s longest-serving general insurance companies, with businesses in the UK, Ireland and continental Europe. In 2021, the former RSA Group Plc came under new ownership and is now a wholly-owned subsidiary of Intact Financial Corporation, the largest provider of property and casualty insurance in Canada and a leading provider of global specialty insurance.

One area where we have an established presence and unparalleled expertise is marine. We offer a range of insurance solutions, covering businesses of all sizes and complexity. Our marine products are designed to meet the needs of businesses navigating the vast and complex world of global shipping and logistics.

In May 2023 we announced that we would expand our market-leading marine offering and launch a new superyacht practice. The practice provides comprehensive cover for owners of superyachts, doesn’t place any geographical restrictions in terms of navigating and is aimed at vessels 30 metres or more in length that are professionally skippered and crewed.

Using our dedicated risk consulting capabilities, we survey every yacht we insure. By evaluating each yacht, we offer owners, management companies and crew an accurate price to cover their vessel, but also bespoke advice on how to reduce, manage and minimise their risk profile.

We understand yachts are often registered or located all over the globe. Wherever your yacht is registered or located, we can provide cover, utilising the RSA global network, an invaluable asset for our multinational clients. It makes it possible for us to insure complex risks across multiple territories – keeping our clients covered, wherever they are. Our global network is one of the largest of its kind and enables us to write business in 150 territories globally.

Our practice is led by an industry expert, Emily Grew. Emily is a well-respected and experienced yacht underwriter, who has more than 15 years’ experience as both an insurer and insurance broker, the majority of this as a yacht specialist. She has worked for AIG, Miller Insurance Services, JLT Specialty and CRS Yachts. She moved to RSA in May 2023 from Chubb, where she was responsible for establishing and building out their London yacht practice.

If the worse did happen we have an experienced and proactive claims service you can rely on. We have a large team of claims professionals to support our customers and one of the most knowledgeable claims teams in the London Market.

From quick settlement of simple claims to more complex and major claims requiring specialist handling, our in-house capability and expertise, supported by an established global network of proactive claims handlers and loss adjusters – helps get our customers’ businesses and assets back on track as swiftly and smoothly as possible.

We work closely with brokers and all parties involved to move claims to resolution as quickly as possible. Our marine claims adjusters work with a global network of claims agents and surveyors, so we can respond quickly, no matter which corner of the planet the claim occurs.

We understand that no two assets are the same and have the global presence required in the international superyacht market. We believe that our global capability, knowledge and track record in the marine space alongside a lead offering and unique proposition with technical expertise at its core, is an unrivaled combination.

For more details Tel: +44(0)7876 137 352 or email: [email protected]