Insurance

There is a good reason for calling the business of shipping a “Maritime Adventure”. The business is fraught with risks – risks that affects assets, personnel, property, cargo, profits etc. Managing these risks effectively needs intricate knowledge of how the instruments work.

We will manage it for you!

Today, the market has on offer, an array of products to cover owner’s legitimate risks such as:

  • Hull and Machinery
  • Freight, Demurrage & Defence (FD&D)
  • Crew
  • Cargo and General Average
  • Loss of or Damage to Property
  • Pollution
  • Loss of Hire
  • War Risks
  • Kidnap and Ransom (K&R)
  • Wreck Removal
  • Liabilities under MLC
  • New Building Risks

It is quite a challenge to know the right covers suitable to protect one’s interests in a venture. With an ever evolving market, this needs dedicated personnel who understand the nuances of the business.

Omega Management, through the backing of its parent Company brings with it, the experience of a dedicated team who have been dealing with the insurance needs for a myriad range of risks for more than three decades. Our insurance team closely works with leading underwriters and various P&I Clubs belonging to the International Group of P&I Clubs.

We are well positioned to negotiate and bind covers to suit all maritime risks of our clients and pass on benefits of the economies of scale.