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Service

Shipping and Maritime Insurance Solutions

From shipyards and ports to all vessel classes and marine exposures, we provide global insurance solutions across the maritime industry.

Global risk management for the shipping and maritime industry

Around 90% of world trade relies on sea transport and effective risk management for the shipowners and facilities that carry it out.

The Shipping and Maritime Industries team can provide solutions to help protect the critical infrastructure of world trade and advise how to minimize exposure to risk at each key stage.

As your dedicated risk advisor and insurance broker, our role extends far beyond placing policies or collecting claims. Our service philosophy is built to add tangible value to every client relationship; fostering vital connections between you and marine insurers that deliver both service-led and financial advantages.

Our holistic approach to the maritime industry goes beyond insurance; we are proud, active supporters of seafaring communities globally. With talent drawn from across the shipping industry and centuries of combined maritime experience, our team supports clients in three core areas:

  • Hull & Machinery (H&M): From vessel building and launch to trading and scrapping, we deliver innovative solutions to protect a shipowner's most important assets.
  • Protection and Indemnity (P&I): Our dedicated P&I broking team in London manages over 600 separate entries, placing more than $650 million into the P&I club market annually.
  • Marine Liabilities (Special Risks): We provide tailored insurance solutions for a diverse range of maritime operations, including ports, terminals, shipyards and complex third-party liabilities.
CyNav: Navigating shipowners’ cyber security risks

From crisis management expenses, loss of income due to business interruption, to fines by industry regulators, a cyber incident can lead to significant financial and long-term reputational damage.

Geopolitics of Shipping 2025

Our Willis Marine team hosted the Geopolitics of Shipping event, where we explored how global conflicts, economic shifts, and emerging challenges are reshaping the maritime industry.

Disclaimer

WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).

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