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Bluewater hull risks are among the most complex underwriting challenges in the industry.
The American Hull Insurance Syndicate understands the shipping business and the
challenges faced by its clients and is proud to be known as a world
leader in this highly technical coverage.
The ability to judge risk and assign value requires training, tested expertise
and years of field experience. It also demands an understanding of the industry,
the operator, and the vessel being insured. Our underwriters have
a thorough knowledge of the shipping business. They attend and participate in
maritime related seminars and workshops, and are aware of industry trends and
changes. Whenever possible, we try to develop a personal relationship with our
insureds to help us better understand their particular operation and insurance needs.
As part of our underwriting process, we try to go beyond the usual assessment
of a ship owner's premium and loss history. Our goal is to achieve as complete
an understanding of a ship owner's operation as possible. This requires learning
about the management background, ISM procedures, crewing standards, classification
societies and trade, as well as claims history and other related information.
It is this attention to detail and thorough collection and analysis of data that
enables our underwriters to develop coverage solutions, custom designed to meet
our clients' specific marine insurance needs.
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