Underwriting

We care for your ocean industries worldwide

We understand your insurance needs. Our knowledge of ocean industries helps to ensure that you and your property are fully protected whenever and wherever you need it from the port of Hamburg to the port of Hong Kong.

We actively adapt our insurance products through innovation and continuous improvement to always stay relevant for our members and clients. 

Risk selection and pricing 

When looking for a suitable cover for your marine risk, your first encounter with Skuld will usually be with our underwriters. They will assess the risks in question and if found acceptable, we will calculate the adequate premium and offer to cover the risks.

Well-functioning risk selection and adequate pricing of risks are important processes for the financial solidity of a marine insurer. Skuld’s risk-based selection of vessels is subject to condition surveys for new vessels as well as routine condition surveys for existing members.

Local underwriters

Most Skuld business units have local underwriting ability and Skuld’s members will normally have frequent contact with their local underwriter concerning policy maintenance and changes. Clear guidelines, pricing tariffs and authority levels ensure a common business practice and service level throughout Skuld.

Please contact your local Skuld underwriter for further information.