At Price Forbes, we bring specialist insight and technical strength to marine risk. Our deep heritage in the marine market grounds us, but it’s our entrepreneurial spirit that gives us the edge. We've placed some of the most complex marine insurance programmes in the market and advise leading shipping groups, ports, traders, and marine contractors across the globe.
We are the strategic partner our clients need to tackle the challenges of today and seize the opportunities of tomorrow.
We build strategic partnerships across the entire marine industry, delivering specialist insight and technical strength to a broad spectrum of wholesale and direct or assisted retail clients, including:
Our marine specialists provide market-leading solutions across:
Our strength lies in our ability to design and deliver precise, powerful coverage that addresses every angle of your exposure. We are pioneers in the market, with specialist-led teams providing solutions across the full spectrum of marine insurance. We can also integrate solutions for casualty excess, port package policies, or bespoke coverage tied to lending or refinancing agreements.
Marine claims are complex, often spanning multiple jurisdictions and demanding time-critical decisions with significant financial consequences. In this environment, you need more than an advisor; you need an advocate. We offer:
Proactive Leadership: We take command of the situation, engaging decisively with shipowners, underwriters, and legal advisors to protect your interests.
Absolute Clarity: We map your cover precisely, ensuring all parties understand what is in scope long before a claim occurs.
Seamless Coordination: We provide critical P&I Club support, liaising with clubs, salvors, and adjusters to streamline the response.
Crisis Management: We offer expert coordination for complex events like wreck removal and General Average, including documentation and access to funds.
Fearless Negotiation: We are skilled negotiators - relentlessly pursuing fair outcomes on contentious coverage or liability issues.
In partnership with MS Risk, we publish a Global Maritime Security Risk Report every week. Covering geopolitical flashpoints, piracy trends, port disruptions, sanctions updates, and maritime threats, it provides real-time intelligence for shipowners, operators, and risk managers.
Visit our Insights & Events page to access the latest edition
Yes. War, piracy, and civil commotion are often excluded under standard H&M and P&I policies. Separate war covers (and breach call declarations) are required when trading in higher-risk zones.
P&I Clubs provide mutual insurance for specific liabilities. We work with both fixed premium and mutual P&I providers, helping you select the right club, negotiate fair terms, and ensure your cover integrates properly with hull and other placements.
Key drivers include vessel type, age, flag, classification society, previous claims history, and trading routes. We negotiate aggressively and provide guidance on how to improve your risk profile.
Builders’ Risk cover protects the asset during construction, including fire, storm damage, launch, sea trials, and transit. We tailor these policies to contract stages, payment schedules, and associated liabilities.
Charterers can be liable for hull damage, cargo loss, or pollution even when they don’t own the vessel. This policy protects them from those risks, especially relevant in time/voyage charters or contractual obligations involving port/berth damage.
Yes. We frequently support vessel acquisitions and project financings, ensuring insurance placements meet the requirements of lenders, lessors, and financial stakeholders.
Our marine insurance experts are always on hand to talk about ways we can join forces to take on the future.
