Yachting Industry
Pantaenius offers individual concepts for professionals in the yacht and ship sector
As specialists, we can ensure optimal insurance cover at favourable rates. We represent your specific interests, relieving you of any administrative tasks. All the insurance cover necessary for a business comes from a single source. This offers you important advantages, as your insurance package is customised to meet your needs and takes into account the specific risks associated with all aspects of your sector. In addition, you benefit from the know-how and contacts of our experts in the local branches:
Local branches
Yacht and Boat Dealers
As the market leader, Pantaenius offers you an insurance package that covers all areas in your field of activity. We match our insurance cover precisely to your individual needs using risk analysis.
Yacht Hull (Dealer Policy)
Automatically insured are all yachts that are in your custody for sales purposes as a dealer or boat builder.
Some advantages are:
- Ground transportation, storage, and exhibitions are included in the cover
- Demonstration and delivery runs are included in the cover
- Minimal administration (no monthly reporting necessary)
- Building risk can be covered, if required
Yacht Third-Party Liability (Third-Party Liability Insurance for demonstration runs)
All yachts covered by hull insurance are automatically insured against third-party liability during deliveries under their own steam and demonstration runs.
Recommendation agreement
Offer your customers additional service! If you recommend Pantaenius, we will send them our recommendation for the insurance of their new yacht. This is an additional service that you can offer your yacht buyer, allowing you to rest easy knowing that your customer is in good hands.
Boat Building and Boat Yards
All ships that are under construction at your facility or that have been completed and are being stored for sale are automatically insured.The insurance cover begins the moment the keel is laid and extends to delivery to the customer. It covers not just the ship itself, but also all related building materials and furnishings, even when these have yet to be installed.
Also covered are services performed during refitting assignments, as well as semi-finished products (modular construction) delivered to other boatyards for further work. Depending on the manner of construction, several production facilities can be grouped together under one policy.
Scope of coverage:
- Production, ground transportation and exhibitions are included in the cover.
- Trial, demonstration and delivery runs are included in the cover.
- Simple theft is included in the cover.
- Minimal administration (no monthly reporting necessary)
Charter Fleets and Agencies
Dependable insurance cover can save you a lot of headaches when experiencing minor damage and can safeguard you in the more severe cases against serious financial consequences.
For this reason, we always recommend that insurance terms and conditions are reviewed closely as to the extent of cover.
Pantaenius Hull Insurance for Water Sports
- No deductible charged in a number of cases – particularly when the yacht’s captain could not prevent the damage (e.g. transportation damages, burglary, etc.).
- Damages recklessly caused by charter customers are also covered.
- Salvage and wreck-removal costs are reimbursed in full, even beyond the amount of cover.
Pantaenius Charter Cancellation Clauses
Financial losses should always be insured. In the event that the yacht is out of service, these clauses insure against lost charter revenues or the added costs for the necessary re-bookings.
Pantaenius Liability Insurance for Water Sports
Due to high financial limits, third-party claims for damages are sufficiently covered.
Pantaenius Charter Fleet Insurance
Our special service for charter companies:
Yacht liability insurance, yacht hull insurance and yacht personal accident insurance specially designed for charter fleets.
Take advantage of our specialised knowledge, because as specialists for yacht insurance, we do not simply make you an off-the-shelf offer – we work with you on comprehensive risk management. We realise that lengthy repairs mean charter cancellations. This is why we can guarantee, along with excellent insurance cover, prompt and optimal settlement.