Yacht owners

Skuld Yacht is specially designed for yacht owners' insurance needs and concerns. We offer standard liability cover and additional products tailored to individual yachting needs.

Main products

P&I Yacht

Skuld P&I Yacht is specially designed to cover the insurance needs of the Yacht community and provides a full liability cover tailored for the superyacht market with the assistance of key players in the yacht industry. Skuld’s proactive approach and specialist knowledge ensure the highest standards of quality.

FD&D Cover

Skuld Defence Cover, also known as FD&D (Freight Defence & Demurrage), provides members and clients with access to comprehensive legal assistance and professional advice from Skuld's lawyers in non-P&I matters. The cover is available to shipowners and charterers.

Hull and Machinery

Skuld is a leading provider of hull and machinery insurance to shipowners around the world. We provide insurance solutions through our syndicate at Lloyd’s as well as our own Oslo based insurance vehicle Skuld Marine Agency (SMA).

Additional products

Bunker insurance

Skuld offers cover for loss of owned bunker on board a ship. The cover will indemnify the shipowner or the charterer for the value of bunkers lost due to a casualty of the ship. Available to any member or client of Skuld with an insurable interest in the bunker.

Cash on board insurance

This insurance is specially designed to cover the master's cash stored in a safe on board for sundries and petty charges. The risk is mainly theft and or loss in case of fire or total loss of the vessel. Master's cash is normally excluded from hull and P&I cover. Available to any Skuld member or client.

Contract: Extended Contractual Liability (ECL)

There may be occasions where members or clients enter into contracts which include liability and/or indemnity provisions which fall outside the scope of standard P&I / Liability cover. This is often the case for vessels operating in the offshore sector or in specialist operations but may also be the case in normal trade. Available for members and clients with full P&I or liability cover with Skuld. Available for members and clients with full P&I or liability cover with Skuld.

Seizure: Drug seizure insurance

Drugs may be smuggled on board without the knowledge of the owners or the master. This will cause delays when found by local authorities in an arrival port. The insurance will cover such loss of time subject to precautions having been taken at the previous port(s). Available to any Skuld member or client.

Seizure: Illegal product seizure insurance

Illegal items, such as tobacco and alcohol may be smuggled on board without the knowledge of the owners or the master. This will cause delays when found by local authorities in an arrival port. The insurance will cover such loss of time subject to precautions having been taken at the previous port(s). Available to any Skuld member or client.

Related pages

Contact

Fergus Draper
Head of Yacht P&I
Office phone: +442073981473
Mobile phone: +447921396893
Perri Tamburello
Executive, P&I / Yacht
Office phone: +442073981480
Mobile phone: +447712307013