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Insurance News
Year: Month:

New Port Disruption Insurance Addresses Rising Global Shipping Challenges New Port Disruption Insurance Addresses Rising Global Shipping Challenges
08 Nov 2025: Paige Estritori

In response to escalating global shipping challenges, leading broker Marsh and Lloyd's underwriter Tokio Marine Kiln have launched a pioneering business interruption insurance specifically designed for ports. This innovative product aims to mitigate the financial impact of trade disruptions caused by various factors, including geopolitical tensions and operational strikes. - read more
Marine Insurers Encouraged to Adopt AI to Mitigate Rising Industry Risks Marine Insurers Encouraged to Adopt AI to Mitigate Rising Industry Risks
08 Nov 2025: Paige Estritori

The International Union of Marine Insurance (IUMI) annual conference in Singapore has brought to light the critical role of artificial intelligence (AI) in transforming the marine insurance sector. Industry leaders emphasized the necessity for insurers to adopt AI technologies to effectively manage escalating risks and maintain a competitive edge. - read more
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Boat Insurance Articles

The Must-Have Safety Equipment for Australian Boaters
The Must-Have Safety Equipment for Australian Boaters
Boating is a beloved pastime in Australia, offering endless opportunities to explore the stunning coastline and sparkling waterways. However, enjoying your time on the water safely is paramount. Proper safety measures are essential to ensure that every boating activity is as enjoyable as it is secure. - read more
What to Do When You Need to Claim on Your Boat Insurance Policy
What to Do When You Need to Claim on Your Boat Insurance Policy
Boat insurance is a must-have for any boat owner. Whether you're out on the water every weekend or only take your boat out a few times a year, accidents can happen. When they do, the cost of repairs or legal fees can add up quickly. Boat insurance can help protect you financially in the event of an accident or damage to your boat. - read more
The Ultimate Guide to Reducing Boat Insurance Costs for Australians
The Ultimate Guide to Reducing Boat Insurance Costs for Australians
For Australians who own a boat, having the right insurance coverage is crucial. Owning a boat is not just a leisure activity but also a significant investment, demanding protection against unforeseen incidents. An appropriate insurance policy helps safeguard your valuable asset, providing peace of mind while you're enjoying the open waters. - read more
Understanding Boat Maintenance Schedules: A Seasonal Guide
Understanding Boat Maintenance Schedules: A Seasonal Guide
Owning a boat comes with a wave of responsibilities, notably in the realm of maintenance. Regular maintenance plays a crucial role in ensuring the longevity and performance of your boat, much like adhering to a trusty roadmap for a long journey. Without it, not only may you encounter unwanted breakdowns, but the overall lifespan of your vessel could be significantly shortened. - read more
Understanding the Fine Print: Key Clauses and Terms in Boat Insurance Policies
Understanding the Fine Print: Key Clauses and Terms in Boat Insurance Policies
A boat insurance policy is a contract between an insurer and a boat owner, providing protection against various risks and liabilities associated with owning and operating a boat. It typically covers damage or loss to the boat, liability for bodily injury or property damage caused by the boat, and medical expenses for individuals injured on the boat. - read more


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