Shipowners and charterers face risks which are not covered by their normal P&I entry.
In a variety of cases, North can help Members by covering their potential liabilities – either by providing such cover directly for an additional premium, or by arranging specialist cover in the insurance market. The following are examples.
Crew Familiarisation
Members’ staff might board a non-owned ship for a number of reasons – such as for familiarisation or training purposes – and in many cases an indemnity may be required by that ship’s owner for any liabilities that might arise. North offers cover designed to indemnify the Member in respect of legal and/or contractual liabilities arising from the presence of officers, crew, supernumeraries, supercargoes, superintendents or any other personnel on board a non-owned ship, whether or not that ship is entered with the Club at the time of the loss.
Shipowners’ Liability to Cargo
This insurance can be arranged to allow for indemnification of cargo liabilities which would have been covered by the Club but for limitations of cover in relation to cargo on non-standard terms of carriage, particularly those contracts which do not incorporate the Hague or Hague-Visby Rules, deviation, ad valorem cargo, specie and other valuable cargo, and on-deck cargo.
Contractual Liabilities
North can provide special cover for Members who enter into contracts which contain terms which cannot be accepted under standard P&I cover. These terms might include:
- Indemnity obligations
- Waivers of recourse
- Waivers of limitation rights
- Requirements to name and waive charterers or other parties as additional assured
- Non-standard terms for towage or heavy lift operations
Specialist Operations
Insurance can be arranged for ships engaged in specialist activities for which a standard P&I entry contains certain limitations of cover. Examples include:
- Diving support
- Dredging
- Offshore construction
