Ship repairers are responsible for vessels and equipment in their care custody and control. They are also responsible for third party liabilities arising in the course of their ship repair operations. The ship repair industry is a diversified business segment which has led to more complex and, in some ways, more sophisticated insurance requirements.
Ship Repairers Liability is affordable insurance to protect smaller or part-time ship repairers against potential liability for damage to vessels being worked upon, and for third party liabilities. Special tailored extended cover is available for larger yards or operators, eliminating the need for certain public liability insurances.
ABNIC Ship Repairers liability insurance provides you protection against such liability including liability for third party costs and expenses up to the limit agreed, caused by your negligence or the negligence of your servants, agents or subcontractors. In addition, this policy also covers your legal defence costs.
ABNIC is also extensively involved in Aviation insurance and can provide cover for hulls and liabilities related to general aviation and airline industry.