
Tom Chan
Divisional Director, Marine – Yachts
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Hong Kong
Across Asia, yacht owners know the importance of insuring their vessels, which enables access to marinas, indemnifies against third-party liability and damage, and offers protection against a wide range of natural and man-made risks that can potentially incur high costs.
However, yacht insurance policies vary widely and obtaining the right level of cover can be difficult. How do yacht owners select from the range of yacht insurance options available and secure the correct level of coverage to protect their prized assets?
Marsh YachtCover helps yacht owners identify and obtain the optimal level of yacht insurance cover at highly competitive pricing and market-leading terms via an online quotation web portal. We provide end-to-end protection and support for yachts — including claims assistance and management following an accident — and coverage that is tailored to your profile and needs. Marsh YachtCover’ s service goes above and beyond the typical insurer at no additional expense while helping you save, on average, 10% on your premiums.
Marsh YachtCover is specially curated for pleasure yachts registered in Asia and/or sailing within Asia valued between US$500,000 and US$18million. Coverage for higher-valued yachts and/or a wider geographical coverage are also available — please contact our yacht specialists.
Coverage features include (but are not limited to) the following:
The above information is intended as a general summary and is indicative of the key features of an insurance plan. Full policy wording should be referred to for full details of benefits, exclusions, and requirements. A copy of the policy wording will be provided with our quotation.
Marsh, the world’s largest insurance broker and risk advisor, is dedicated to helping clients globally and in Asia manage risk effectively. Leveraging strong historical relationships with global carriers and robust technology and data capabilities, Marsh’s long-standing expertise in designing, developing, and implementing innovative and efficient risk solutions across diverse industries and geographies delivers sustainable benefits for clients and empowers them to take advantage of opportunities that foster resilient business growth and expansion.
Divisional Director, Marine – Yachts
Hong Kong
Article
01/16/2025