PRODUCT OVERVIEW
With access to Lloyd’s and company markets we are well placed to provide proactive, swift responses to opportunities presented, providing innovative solutions and where required, creative problem solving. In a changing insurance market where compliance is critical Optio is well placed to ensure the highest standard are maintained and well placed to support our clients.
We recognise the need for simplifying the way insurance is transacted for those operating vessels or trading in the marine sector. Whether it be an annual or a single transit policy, we are here to help you easily access cover and to ensure you and your assets are always protected.
We offer a range of product types across all industry sectors including:
Marine War
- War Risks conventional cover (ITC, Nordic and American wordings)
- Single transit breach cover and annual worldwide policies
- USD 125m limit with additional capacity for P&I up to the Hull Value (additional limits available on request)
- War Loss of Hire
- Standalone Charterers War P&I USD 125,000,000
Kidnap and Ransom / Piracy
- Ransom (USD 10m)
- Loss in transit (USD 10m)
- Additional expenses (USD 10m)
- Legal Liability (USD 5m)
- Personal Accident (USD 1m)
- Piracy Loss of Hire (USD 10m Standalone)
- Standalone Piracy Loss of Hire (USD 10m)
- First class response consultants Crisis24, a Gardaworld Company.
Standalone Piracy/War Loss of Hire
- Covers the charterers liability for the first 90 days off hire under standard BIMCO charter party.
Kidnap and Ransom
(Corporate & Family cover)
- Limits up to USD 50 million
- First class response consultants Crisis24, a Gardaworld Company.
Our key people in
MARINE
At the heart of our Marine offering is a team of dedicated specialists who bring a depth of knowledge, insight and care to everything they do. Meet the people behind the product—driven, expert, and always ready to support.
Claims
We offer a first class Claims service in conjunction with our capacity partners and market-leading vendors.
Crisis 24
Crisis 24, a Gardaworld company are the market leading specialists in managing piracy situations with extensive resources to cater for incidents of this nature.
Our policy provides unlimited response consultant fees for their immediate response which can be accessed through a 24/7 hotline provided to policyholders.
RECENT STORIES
WANT TO KNOW MORE ABOUT OUR CLAIMS SERVICE?
Over the last 25 years the team has been involved with PVT events across the globe and has been asked to provide their expertise to private companies, charities, press and media, and to governments to assist with pre and post loss assessments.