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Shipowners’ P&I
Comprehensive Coverage for Your Unique NeedsOur P&I insurance offers a broad spectrum of coverage, addressing liabilities that shipowners may encounter, including:Contractual Liabilities: Coverage tailored to specialist operations and contractual obligations, ensuring that your business meets its commercial commitments without unexpected financial exposure.Legal Liabilities: Protection against claims arising from personal injury, cargo damage, pollution, wreck removal, and other operational risks associated with vessel ownership and management.Financial Strength and Global ReachWe provide P&I coverage with limits of up to USD 1 billion, offering financial security and confidence to our clients. Whether your operations are local or global, our extensive network and industry expertise ensure prompt assistance and claims handling, wherever your vessels may be.Why Choose Our P&I Solutions?Tailored Protection: Coverage solutions specifically designed for vessels up to 45,000GT, ensuring a perfect fit for your fleet's needs.Specialist Operations Expertise: Whether your vessels are engaged in standard operations or specialized activities, our policies offer flexible and robust coverage.Trusted Partner: With years of industry experience, we understand the complexities of maritime risks and provide responsive, proactive support.Protect your maritime investments with confidence. Contact us today to learn more about our Shipowners P&I coverage and how we can support your business with reliable and comprehensive protection.
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Allianz Commercial appoints Hydor as Managing General Agent for Marine Liability Insurance in Asia Pacific
Hydor launches its new Comprehensive General Marine Liability Insurance Product in Partnership with Allianz Global Corporate & Specialty SE, Singapore Branch.Hydor Pte Ltd is pleased to announce the official launch of its General Marine Liability (GML) insurance product, following its appointment as Managing General Agent (MGA) by Allianz Global Corporate & Specialty SE (AGCS), Singapore Branch. This strategic collaboration marks a significant milestone in Hydor’s mission to provide specialist marine insurance solutions tailored to the dynamic needs of the Asia-Pacific maritime sector.Designed to meet the complex and evolving risks faced by Port & Terminal operators, Transport Operators, Marina Operators, Ship-Repairers, and Marine Professionals, the newly launched GML product provides a robust and flexible suite of coverages. Key protections include liabilities for loss and damage to cargo in care, custody, and control; third-party bodily injury and property damage; regulatory fines and penalties; and professional errors and omissions.In addition to core liability coverage, the policy also extends to Marine Property, Machinery, and Business Interruption risks—offering insureds a packaged solution under one policy form. Marine Liability and Property related risks are subject to individual USD 25 million limits providing assurance and financial strength backed by Allianz, one of the world’s leading corporate insurers.“Hydor is proud to partner with Allianz Global Corporate & Specialty SE, a name synonymous with global insurance excellence,” said Folkert Strengholt, CEO at Hydor. “With this appointment, we are combining Hydor’s local market insight and underwriting expertise with AGCS’s global strength and stability to deliver meaningful protection to maritime businesses across the region.”The launch comes amid a growing demand for tailored marine liability solutions in Asia, as regional port infrastructure, shipping services, and marine operations continue to expand in scale and complexity.The launch will be led by industry veteran Colin Fordham, based in Hydor’s Singapore office. With decades of experience in marine insurance, Mr. Fordham brings extensive expertise and proven leadership to support the successful execution of this strategic initiative across the Asia-Pacific region.Hydor’s new GML offering reinforces the company’s growing position as a trusted MGA focused on marine and specialty lines, committed to delivering underwriting excellence, responsive service, and market-leading solutions that align with the needs of today’s maritime stakeholders.For all enquiries, please contact: Colin Fordham, or Clara Mae Lim Hydor Pte Ltd Email: [email protected] Phone: +65 6231 8951 Website: Hydor.no
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