Established in 1994, our specialist marine insurance team provides the global maritime and shipping sector with risk management solutions to ensure our clients can remain protected against the unique and formidable risk profile that comes with seafaring operations.

Comprised of over 200 dedicated marine insurance specialists worldwide, each individual has been chosen specifically for their specialist knowledge of the current and emerging risks within the sector. Our team has extensive experience in placing risk management programmes across all major marine insurance geographical hubs including London, Scandinavia, Continental Europe, the United States and Singapore. To ensure we respond to the changing needs and risk profile, we have also developed an exclusive Marine Cyber Risk product, whilst also having the ability to advise on any cross‑class projects with the marine sector.

As one of the largest marine Hull and Machinery teams in the market, we can offer a wide range of specialist marine risk management solutions across all major maritime operations, globally.

Our diverse and extensive hull portfolio sees us manage the risks for many of the world's largest fleets of bulk carriers, tankers and containerships, as well as offshore, specialist and passenger vessel operations. Our reach and knowledge extends across the marine sector as we also provide insurance solutions for marine construction risks across the globe. Our Hull and Machinery team have experience in placing some of the largest and most complex shipbuilding programmes in the market.

Our products include:

  • Hull & Machinery
  • Increased Value
  • War Risks
  • Loss of Hire / Business Interruption
  • Kidnap and Ransom
  • Mortgagees Interest
  • Shipyard Construction and Conversion Risks
  • Superyachts

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Gallagher's Protection and Indemnity (P&I) team is one of the leading specialist brokers and advisors to the marine P&I industry. Our dedicated specialist team represents more than 15% of the world fleet by gross tons (GT), across owned and chartered business worldwide, entered in the International Group and commercial P&I markets.

With one of the largest dedicated P&I teams in London, and a further 100+ P&I specialists globally, Gallagher is uniquely positioned to deliver insight and value as an industry leader. Our experienced team is what sets us apart.

Unlike many other specialist brokers, the majority of our portfolio is direct retail business, enabling us to work first-hand with our valued shipping clients. This direct engagement provides significant leverage in our discussions with the P&I market.

We also collaborate closely with Gallagher offices worldwide and our network partners, sharing our specialism and strengthening the overall service we deliver to clients.

Key features of our P&I capabilities:

  • International Group Club and commercial market P&I for owners and charterers
  • Fixed P&I facilities, only available through Gallagher
  • P&I MOU programs for the energy sector
  • COFR / ICB arrangements supporting U.S. trade
  • Strategic programme reviews and benchmarking, leveraging our global portfolio - These reviews can be performed under NDA and without market contact.
  • Market leading publications, analytics and insights
  • P&I comparison tools and market intelligence

P&I claims capabilities

In early 2025, Gallagher Bassett acquired a leading claims consultancy with dedicated P&I claims specialist, including master mariners and lawyers. This integration enhances our capabilities and provides significant added value for clients. Key strengths include:

P&I correspondent network

Representing International Group P&I Clubs and other P&I insurers across all P&I claims types. Specialist staff with significant International Group P&I Club experience, together with in-house mariners, ensure optimal claims investigation and servicing.

P&I owners and charterers claims

We arrange and coordinate surveys, conduct investigations and negotiate with claimants to manage and minimise financial exposure. We also provide access to international salvage buyers for damaged or abandoned cargo.

Our team handles P&I claim types, including but are not limited to:

  • Cargo
  • Fixed and Floating Objects (FFO)
  • Pollution
  • Collision
  • Wreck removal
  • Towage
  • Crew and personnel claims

P&I Casualties

A core area of specialism lies in our casualty investigation services, whether involving collisions, groundings, fires, FFO incidents or wreck removal.
Our in‑house mariners attend incidents immediately, supporting the master and crew on a 24/7 basis.
Our investigation reports include:

  • Liability apportionment recommendations
  • Wreck removal and towage plans
  • Expert witness support for court or arbitration proceedings

P&I Reinsurance Capabilities:

Through Gallagher Re, we service more than 70% of P&I Club reinsurance programmes, offering a truly comprehensive brokerage proposition.

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The Cargo team is part of our marine portfolio, which covers the key trade and cargo sectors of the world, including Europe, the US, Canada, South America, Africa, the Middle East and Asia. We offer a dedicated and focused client service, providing protection to a broad spectrum of manufacturers, distributors, wholesalers, importers and exporters.

Our team of over 30 marine insurance professionals have the experience and specialist knowledge to build individual programmes that specifically wrap around each cargo client's requirements and further dovetail with other lines of insurance. We will look to find the solution for even the most challenging cargo scenarios, be it complex supply chains with multiple valuations, through to specific storage requirements, including floating storage or temperature-sensitive goods.

We have extensive experience in handling stock throughput insurance, which covers raw materials from the time the goods leave the supplier's premises, either in the country of origin of the client or from overseas, work in progress, storage of stock and the subsequent transit of finished goods to local and/or overseas buyers. Storage at distribution warehouses, either in the country of manufacture or in the country of destination, can also be covered.

Our coverage Areas:

  • Marine cargo
  • Stock throughput
  • Stock / Inventory coverage
  • Excess stock
  • Project cargo including delay in start-up
  • Containers
  • Freight and logistics operators

Our areas of specialism include:

  • Oil and petroleum products including LNG/LPG
  • Pharmaceuticals
  • Metals and mining houses
  • Global contracts
  • Soft commodity business and agricultural products
  • Food and beverages, including wine
  • Frozen and chilled goods, including fish catch
  • Manufactured goods
  • Industrial and agricultural equipment
  • Agricultural / grain
  • Construction and project cargoes, including Delay in start-up (DSU)
  • Containerised consumer products
  • Automotive and spare parts
  • Semi-precious metals, ores and concentrates

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With ports and terminals continuing to diversify their activities to meet both commercial and consumer demands across the globe, risks that hadn't been accounted for can often present themselves.

This complex and changing risk landscape of a port means it truly does count to have a risk partner that specialises in this type of insurance. Handling over USD20 billion of insured port values (much of which is CAT exposed) across circa 85 ports and terminals worldwide, our marine team has a wealth of experience in providing risk management solutions that meet both current and emerging risk profiles of a port, terminal or marina.

Our specialist team assist our port and terminal clients throughout the project lifecycle, by offering solutions from initial financing and planning, through to the construction and into the operational phase.

We offer insurance solutions across the three key operational risks ports and terminals that client's face:

  • Liability risks
  • Property and handling equipment risks
  • Revenue stream risks / Business interruption

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Over the past 20 years, our specialist container team has arranged and placed container insurance for some of the world's largest container lessors and transport operators. Through the combination of our specialist knowledge, market influence and integral client relationships, we have become the preferred risk management partner for many clients in the transport and logistics sector.

Our relationships with specialist insurers in both the London and global insurance markets mean we can provide holistic risk management and risk transfer solutions that protect against the unique risk profile our clients face, no matter the size or scale of their operations.

Our products include:

  • Carrying and handling equipment
  • Cargo liability
  • Professional indemnity
  • Shipper's interest
  • Warehouse Legal Liability
  • Container leasing

Our client base includes container owners and leasing companies as well as shipping lines, freight forwarders and NVOCs.

We offer products for both container owners / operators and container lessors.

For single-container shipments, including household and personal effects, please contact your freight forwarder.

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These are brief product descriptions only. Please refer to the policy documentation paying particular attention to the terms and conditions, exclusions, warranties, subjectivities, excesses and any endorsements.

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