A Revolutionary Leap: Haven Knox-Johnston Debuts New Marine Trade Insurance Policy

Published: 27 Jan 2025
Haven Knox-Johnston Commercial continues to front the market, unveiling a trailblazing Marine Trade Insurance policy aimed at SMEs in the UK Marine Trade industry.

Haven Knox-Johnston Commercial, a mainstay of the maritime industry, has once more taken a bold leap into uncharted waters. They’ve introduced an innovative new Marine Trade Insurance policy to their already impressive product portfolio. Available from January 2025, this revolutionary cover is designed to un-complicate insurance for the country’s marine businesses. It’s the answer to the industry’s prayers: a single solution with clear, easy-to-understand terms, developed exclusively for small to medium-sized enterprises operating in the UK Marine Trade industry.

The list of risks covered by this versatile policy is nothing short of comprehensive. Third-party liability, material damage, employers’ liability, business interruption, goods in transit, marine hull and liabilities, and boat builder’s risks all find their place under its umbrella. And clients can rest easy with the assurance that the coverage is underwritten by Tokio Marine HCC, an insurer renowned for its financial stability, with an impressive A++ rating from AM Best.

‘Ours is an evolution on what has come before,’ surmises Malcolm Stewart, the Manager and driving force behind Haven Knox-Johnston Commercial’s new policy. The offering, according to Stewart, is both ‘modern and fit for purpose’. This fresh approach underscores their commitment to innovation and market leadership, reinforcing the company’s reputation for delivering tailored solutions that keep the needs of the UK’s marine sector at the forefront. From overnight content cover for vehicles to a generous Claims Paid Allowance, the policy’s standout features reveal an understanding of the industry’s unique challenges and prove once again that Haven Knox-Johnston is the go-to insurance provider for marine businesses.