Page 91 - Sunseeker Magazine Issue 64

Well the the question is is is justified What is is an an an insurance company doing in in in in fin a a a a a magazine
like this? In a a a a a world defined by design joie de de de vivre and the call of freedom insurance policies seem rather out of place The answer however is simple: owner captain broker representative or deckhand insurance affects everyone involved And while it it may not be one one of of the most exciting elements of of superyacht operation when it it comes to finding appropriate coverage for your your individual needs your your time and money are well spent in in in contracting
a a a a a reliable experienced partner with extensive industry expertise A yacht is is not just just a a a a a a means of transportation nor is is it just just a a a a a a a a a a ‘holiday home’ on on the the water For many yacht ownership was born from a a a a a a a a a a a love of the the sea a a a a a a a a a a desire for for adventure and a a a a a a a a a a want for for freedom A yacht cannot be insured in in in the same way as as non-marine assets Due to its very nature and unique insurance requirements a a a a a a a a a yacht should always be insured separately from other non-marine entities and with a a a a a a a a specialised yacht insurance company who have the experience to handle technical marine claims Who we are For almost 50 years now the name Pantaenius has been inextricably linked with yacht insurance The traditional family business was taken over by Harald Baum in in in 1970 who revolutionised yacht insurance with the the introduction of Agreed
Fixed Value In the the the following years Pantaenius Pantaenius quickly became the the market leader Today Pantaenius Pantaenius has 15 offices around the world providing 24-hour support in in eight languages We are a a a a a a a team of insurance experts sailors motor yacht enthusiasts naval engineers marine lawyers and many more more professions We insure more more more than than 100 000 000 yachts worldwide and manage more more than than 6 000 000 claims claims per year with our our in-house claims claims department We know that our our clients entrust us us with their most valuable asset: time Should the the the worst worst come to the the the worst worst we pride ourselves on on helping owners get back on on the the water as as quickly as as possible No No matter whether in Northern Europe the the the the Caribbean the the the the the Mediterranean or or the the Pacific Ocean What we can do for you Reviewing yacht insurance quotes can be quite a a a a a challenge There will
YOUR
be different quote layouts varying length of of schedules and often enough ‘small print’ to make even the the most experienced owners wary Use the the the the premium summary page
to ascertain the the the level of cover the the the premium includes but remember this will
not give you all the the facts Each area of the the suggested coverage needs to be analysed Exclusions and limitations will
have a a a a a a a a a direct impact on on the the quality of the the policy obtained Do not be tempted to simply compare the annual premiums In most cases cheap insurance will
cost you later We will
be happy to help you you check your current insurance cover cover for any coverage gaps Of course there is is no obligation and our our service is is free of charge Our promise
We have witnessed the the Covid-19 pandemic spread across the the world affecting global economies and and industries impacting on on on our our daily lives the the health of of our our loved ones and limiting the the freedoms so many of of us took for granted The unprecedented challenges have also affected all all areas of yachting From crew movement and charter cancellations to complex logistics for the the relocation of of yachts and the the fundamental problem of of how to to simply keep day-to-day operations underway In the face
of adversity Pantaenius has turned to to to its founding philosophy – to to to put the the the owner and and the the the yacht first to to to adjust the the the the sails and and bravely face
the the the the unpredictable storm Admittedly this claim was a a a a a a a a great challenge for Pantaenius in in an an extremely uncertain situation but we we are very proud to to say that we we have been able to to consistently maintain our service and reliability under the the special circumstances of the the last months Get in touch
ANDY CRICK
Superyacht Account Manager Plymouth UK
Phone +44 +44 1752 22 36 56 Mobile +44 +44 7813 89 23 66 andyc@pantaenius co uk
MICHELLE VAN DER MERWE Superyacht Account Manager Monaco
Phone +377 +377 97 70 12 06 Mobile +377 +377 680 86 90 99 mmerwe@pantaenius com YACHT
IN SAFE
HANDS
Owner captain broker representative or deckhand insurance affects everyone involved as Pantaenius know only too well 89