A Broader Range of Commercial Marine Cover
Nautilus Marine Insurance has expanded its commercial marine insurance offering in New Zealand, providing specialist cover for a broader range of marine businesses, vessel operators, and maritime assets.
From boat builders, dealers, and marine trades to commercial vessels, marinas, and other marine infrastructure, our range of commercial insurance products is designed around the unique risks of working on and around the water.
Marine Assets
Provides comprehensive cover intended for protecting the physical assets and loss of income for boating industry businesses nationwide. Cover can be arranged under a Material Damage and Business Interruption policy subject to underwriting criteria.
Boat Dealers
Provides comprehensive cover for businesses that are primarily involved in boat retailing and yacht broking. It covers all stock owned or on consignment.
The cover may extend to material damage to land-based and water-based stock, and covers demonstrations, testing of vessels, exhibitions, delivery, and private use by the insured or employees.
Marine Trades Liability
Provides comprehensive cover for marine trades and ship repairer businesses that have responsibility for watercraft and equipment in their care, custody, and control, including the potential for claims by third parties resulting from injury, or damage to clients’ property. This policy also provides liability cover for marina owners and operators, boat and yacht clubs, boat dealers, boat builders, and other businesses where boats are left in their care, custody, and control.
Marine Wharves
Marine Wharves, Piles, Jetties & Pontoons Insurance is a specialised policy that provides comprehensive cover for over water structures designed for berthing, storage, and service provision to watercraft, including fuel, water, power, and waste facilities. The term ‘Marina’ includes supporting piles, infrastructure, over water tanks, and ancillary tools and equipment. Wharves, piles, jetties, floating breakwaters, and pontoons are also covered under this definition.
Commercial Hull
Our Commercial Vessel policy is designed to provide a range of coverage options for operators of commercial vessels. Physical damage cover for vessels in-harbour, offshore energy support, tourism, and passenger charter vessels. It is intended to include plain English policy wording or Institute Clauses and boat building risks.
Please note this product is offered under our partner brand Proteus Marine Insurance.
Builders Risk
Provides material damage cover for construction of all vessels on which construction is commenced during the policy period, and an option to include Collision Liability during sea trials and testing.
Speak to our Commercial Marine team
For more information about our commercial marine products, underwriting appetite or to discuss a specific risk, speak with the Nautilus Marine Insurance team on 0800 455 006.
Cover is not guaranteed and is subject to eligibility, underwriting approval and the applicable policy terms, conditions, limits and exclusions.