Business, Freight News

Henderson Insurance enters marine market

[ June 11, 2014   //   ]

Henderson Insurance Brokers has set up a new marine division and has won new insurance work for ports movement of goods, and storage of high value items. It can cover most types of marine cargo, plus vessels, ports and harbours.

Steve Gordon, associate director, marine, said: “We identified an opportunity in the market, as there is not much specialist marine insurance done outside London in some of the traditional lines such as hull and machinery, protection and indemnity, charterers’ liability and ports and terminals.

“It is quite rare for specialist London-based brokers to work with regional clients in the UK, which generally creates a skills gap in the marine sector.”

The company has an established client base among the major UK ports and harbour operators, ship owners and charterers but is also able to insure clients with small to medium-sized operations in the maritime sector.

The new division can arrange cover for almost all areas of the marine industry, and has specific knowledge in working with cargo owners, freight forwarders, hauliers, commercial vessel owners and operators, ship managers and agents, ports and terminals, marine trades, build and repair yards and superyachts.

It is also developing bespoke schemes for industry sectors for all Henderson branches, in order to provide an even greater service to clients.

Henderson, the fifth largest independent insurance broker in the UK, has doubled the size of its Hessle branch and now employs 16 people.

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