language US | EN expand_more News Events Investor Relations Careers menu Menu Search search Solution Solution Marine Willis Towers Watson is one of the oldest names in marine insurance having commenced as a marine broker in 1828. The Global Marine team remains at the forefront of the marine industry today as we continue to address the needs of the sector through innovative risk advice and global broking excellence. Share share Why Willis Towers Watson? arrow_drop_down Why Willis Towers Watson? Knowledge and experience Strategic understanding of your industry, evidenced by the deep experience within the team. The power of innovation Marine industry knowledge and client insight driving innovation - see our response to future trading challenges - such as blockchain and smart contracts. Global capabilities A global team of 600+ marine experts supporting your opportunities across our marine centers of excellence. Market strength Competitive pricing and coverage enhancements maximized by coordinated access to the global marine insurance marketplace. Market analysis Insightful market selection based on settlement performance, loss prevention and emergency response as well as financial security. Beyond the marine transaction As your risk adviser we have a connected approach to risk, providing guidance on all aspects of your operation, while optimizing total cost of risk. Supporting you at critical times Clear, effective advice and support in the event of a major loss, provided by our claims advisory and in-house adjusters. Creating partnerships Working together to harness your position as the best advocate of the risk, early selection and choice of the most appropriate strategic insurance partners, irrespective of global location. CyNav: Navigating shipowners’ cyber security risks From crisis management expenses, loss of income due to business interruption, to fines by industry regulators, a cyber incident can lead to significant financial and long-term reputational damage. The marine industry requires uniquely specialized solutions for its management of risk and we work in partnership with clients. The Global Marine integrated approach is backed by decades of knowledge allowing us to offer global expertise through point of contact at a local level, subject to local licensing requirements. Global Marine Map Our global colleagues work across several specialty teams: Shipping and Maritime Industries: Hull and Machinery (H&M), Protection and Indemnity (P&I), Special Risks (Marine liabilities) Global Cargo Specie: Fine Art, Jewelry, Cash Management Global Asset Protection: Superyachts, Bloodstock (BELA; including Estates, Livestock and Aquaculture) and Private Clients Claims – supporting you at critical times Effective claims management is the ultimate measure of your broker: We understand the importance of delivering clear and effective advice. We are proud of the reputation of our in-house Marine claims specialists and average adjusters. Leveraging our global and local expertise, specialist teams can be on site supporting the claims process round the globe. We make claims based (not just price based) decisions when selecting insurance partners and understand the importance of measuring and managing the performance of our carriers. Contact Ben Abraham CEO, Global Marine Email | +44 20 3124 7786 Webinar Global Marine Insurance Academy A weekly webinar series for marine insurance professionals, featuring current industry relevant topics | 15-19 November 2021 Email Sue Whiting for more information keyboard_arrow_right “ Did you know? 70% of the world's container capacity is transported by Willis Towers Watson's clients.” Analysis of Alphaliner website 29/06/2020 Report 2019 P&I Market Financial Commentary Highlighting a year of contrasting trends Request your copy keyboard_arrow_right Related Insights See All Insights keyboard_arrow_right Article How geopolitics impacts the maritime industry Survey Report Insurance Marketplace Realities 2022 – Marine hull and liability The marine market remains firm, with underwriters still seeking increases on clean business while mandating cyber and communicable disease exclusions — for the first time on many policies. keyboard_arrow_left 1 2 3 4 keyboard_arrow_right Global Marine Services Shipping and Maritime Industries From shipyards, to ports and terminals, to all classes of vessels and marine exposures, Willis Towers Watson provides global risk consulting expertise across the maritime industry. Cargo Our specialist global team of over 200 experts help clients manage the risks associated with cargo across multiple industry sectors. Specie Few things are as valuable as fine art, jewelry or specie (such as bullion or bank notes) and there are limited markets for insuring such risks. With the need for extremely high limits and operating flexibility, the importance of expertise in handling this type of exposure is clear. Global Asset Protection With the exclusive aim of protecting your most precious and valued possessions, our Global Asset Protection team offers personalized risk advice and insurance solutions for your personal assets, including superyachts, bloodstock and property. 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