Skuld Yacht focuses on the Insurance needs and concerns of the Yacht Community alone. We want to be the obvious home, the first port of call for yacht owners’ insurance needs. We intend to be more than a market; we want to be the first Yacht club dedicated to insurance.
We have formed Skuld Yacht because we believe that there is a wish on the part of the Yacht Community to have its own innovative insurance provider and its own ‘think tank’ for product development. That is why we have engaged a specialist yacht team of such experience.
With the benefit of more than a century of experience as a leading P&I mutual, Skuld has developed into a world class marine insurance provider. Skuld’s global presence with offices in virtually every time zone and a dedicated Skuld Yacht team ensures outstanding and personal service for the Yacht Community.
Over the last years the club has introduced a wide range of new insurance products, offering new and beneficial synergies to our clients. Skuld Yacht is adding to that stable.
PLACING THE CLIENT FIRST
A single set of core values throughout Skuld ensures an entirely client focused service. Our proactive approach means that we are driven to understand the client’s insurance needs and requirements. We look to establish relationships based on a shared commitment to the highest standards of quality.
YOUR YACHT INSURANCE
Skuld Yacht is specially designed for yacht owners, please see the following page, Your Insurance Cover, for details on standard cover, additional covers and documentation provided.
Skuld service is the most important part of the Yacht cover. In the event that a client is involved in a dispute with a third party, we will actively protect you, i.e. try to find a solution, and if, ultimately, you are found liable and suffer a loss covered under the policy, Skuld will indemnify you for your liability. Yacht insurance is cooperation, we will work with our clients side-by-side to achieve the best result – in all claims situations, to prevent claims and provide qualified advice. With our vast experience of disputes and claims all over the world and with our internal legal advisors from various backgrounds and jurisdictions we are the recognised service provider.
Skuld Yacht insurance is underwritten by Assuranceforeningen Skuld (Gjensidig) which was established in Oslo in 1897 as the first P&I club outside the UK. The club is now established with nine offices globally. This provides worldwide close service to our clients, with the advantage of local expertise. Skuld is rated 'A' stable outlook by Standard and Poor’s.
Please note, Skuld can also provide a fixed premium cover for yachts based on its own Terms & Conditions.
DEDICATED CLAIMS HANDLING
Skuld's worldwide offices cover virtually every time zone and are manned by a dedicated and professional staff representing many nationalities and cultural backgrounds, as well as a wide variety of legal, nautical and technical expertise. Along with an extensive network of carefully selected correspondents assisting globally, we go the extra mile for our clients.