Marasco assists Owners in arranging insurance for Private & Pleasure Yachts and Mega Yachts through specialist marine insurance markets.

Depending upon the yacht, use and ownership structure, considerations may include physical damage, machinery, third-party liabilities, crew exposures, tenders and equipment, navigation limits, chartering activity, agreed values and the financial security of participating Underwriters.

Large yachts may involve complex international ownership, management, crewing and cruising arrangements. Our approach therefore begins with understanding how the yacht is actually operated before considering the appropriate insurance structure.

In the event of a casualty, Marasco can coordinate the insurance aspects of the claim together with Owners, Underwriters, surveyors, repair specialists and other professional advisers where required.