Insurance / Corporate / Maritime
Hull & P&I
In Mexico’s maritime and offshore industry, operational and financial risks are significant. From supply vessels to Mobile Offshore Units (MOU), having reliable marine insurance is essential to comply with regulations, protect assets, and ensure business continuity in the face of damage, third-party claims, or environmental impacts.
We design tailored coverages for shipowners, operators, and offshore contractors, in accordance with the Navigation and Maritime Commerce Law and ASEA regulations.
Hull & Machinery Insurance
Hull & Machinery insurance protects vessels against physical and material damage, ensuring operational continuity.
Main coverages:
- Physical damage to the hull, equipment, and vessel machinery.
- Total or partial loss of the vessel.
- Collision with other vessels.
- Generalaverage andsalvage.
- Damage caused by fire, explosion, or natural phenomena.
Ideal for merchant vessels, tugboats, barges, fishing vessels, private yachts, and offshore workboats.
P&I Insurance (Protection and Indemnity)
P&I insurance covers the maritime civil liability of the shipowner or operator against third-party claims. Its function is to complement hull and machinery coverage for legal and indemnity risks.
Main coverages:
- Damage to third parties and other vessels.
- Injury, illness, or death of crew members and passengers.
- Environmental damage fromhydrocarbon spills.
- Liability for transported cargo.
- Collision claims not covered under the hull policy.
- Legal and defense costs.
