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Our Expertise

Specialized Risk. Global Reach.

SRMG delivers specialist risk management and insurance solutions across the full commercial and recreational maritime spectrum. From marinas, port operations and shipyards to private yacht portfolios and commercial fleets, our programs are structured to meet the regulatory, financial, and operational demands of each segment. Our expertise ensures on demand compliant, resilient coverage, wherever and however you operate.

Commercial
Marine

​Commercial marine operations carry heightened liability exposures, stringent compliance demands, and often tight operational margins — making tailored risk transfer essential to maintain project viability and secure stakeholder trust.

1 

Marine Contractor Liability

Policies addressing dredging, towage, underwater works, subsea installations, and pier construction — structured under USL&H, Jones Act, and local port indemnities to avoid contract breaches or surprise exclusions.

2

Port & Terminal Operations

​Covering pilotage, stevedoring, warehousing, and cargo throughput risks — with seamless integration into broader marine property and liability programs.

3

Fleet Programs

​Consolidating hull, machinery, P&I, and business interruption across diverse vessel classes, reducing administrative burden and improving insurer negotiations.

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Contractual & Regulatory Compliance

Ensuring insurance certificates and indemnities meet international conventions, charter party clauses, and local port authority stipulations — critical for securing new contracts or maintaining operating licenses.

5

Distinctive Strength

Direct access to Lloyd’s and specialty marine markets, allowing bespoke policy wording tailored to your operational contracts.

​Cargo & Transport

  • Bulk carriers (ore, coal, grain)

  • Container ships

  • Ro‑Ro vessels (vehicle & machinery transport)

  • Reefer vessels (perishables & cold chain)

  • Oil, chemical, and LNG tankers

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Offshore & Energy Support

  • Offshore supply vessels (OSVs / PSVs)

  • Anchor handling tug supply (AHTS)

  • Seismic survey & research vessels

  • Cable layers & pipe‑laying ships​

​Marine Construction & Towage

  • Dredgers (cutter suction, hopper, environmental)

  • Heavy lift ships & floating cranes

  • Work barges, crane barges & towboats

  • Harbor & escort tugs

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Port & Terminal Operations

  • Pilot boats & mooring launches

  • Service craft for port maintenance

  • Stevedoring & cargo throughput support vessels

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Fisheries & Specialized

  • Commercial trawlers & seiners

  • Factory ships & fish carriers

  • Passenger ferries, water taxis & small coastal cruise ships

Commercial Vessels We Cover

Our programs extend across the full spectrum of commercial maritime assets, including


Below is a sample of the types we commonly insure — though not an exhaustive list:

Recreational Marine

Specialized Risk Management for Diverse Maritime Assets

 

​At SRMG, we build tailored insurance and risk frameworks for owners, operators, and managers across the full spectrum of maritime assets. From private superyachts. Our programs address the unique exposures, compliance obligations, and operational risks that come with managing high-value vessels.

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Why Tailored Program Matter

Luxury yachts are sophisticated, multi-jurisdictional assets — often flagged through complex ownership structures, staffed by multinational crews, and carrying high-net-worth guests or sensitive charter agreements. Traditional policies frequently fall short in addressing the nuances of these risks.

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Our Coverage Solutions

  • Hull & Machinery, P&I, and Worldwide Navigation
    Structured with top-tier marine underwriters and P&I Clubs, ensuring global coverage aligned with cruising itineraries — whether transiting the Med, Caribbean, or Pacific routes.
     

  • Crew Medical & Emergency Evacuation:
    Comprehensive protection for owners, guests, and crew, including rapid-response medevac coordination anywhere in the world.
     

  • Fine Art, Tenders & Toys
    Endorsements for onboard collections, helicopters, submarines, and specialized tenders, backed by valuation expertise to avoid disputes at claim time.
     

  • Cyber & Privacy Exposures:
    Covering onboard network systems, charter client data, and operational software — critical for privacy-driven families and offices managing multi-yacht portfolios.

3

Compliance & Operational Confidence

  • Programs structured to align with complex ownership setups (Malta, Cayman, Marshall Islands), so insurance dovetails seamlessly with tax and legal frameworks.

  • Support for evolving requirements from port state controls, ISM Code, and evolving local charter regulations.

Recreational Vessels We Cover

Our recreational marine programs are built to serve a broad range of private vessels.


Below is a sample of the types we commonly insure — though not an exhaustive list:

  • Motor Yachts & Superyachts

Vessels over 10m, including luxury models with professional crew, long-range cruising capacity, and custom interiors.
 

  • Sailing Yachts & Catamarans

Monohulls and multihulls, both private and chartered, with dedicated options for rigging, ocean passages, and regattas.

 

  • Day Cruisers & Cabin Cruisers

Ideal for coastal cruising, leisure outings, or weekend getaways — insured for both private and limited charter use.
 

  • RIBs (Rigid Inflatable Boats)

Versatile, high-performance craft used for short-haul trips, support duties, or water sports.

 

  • Tenders & Support Vessels

​Auxiliary craft linked to mothership operations, or insured standalone depending on operational context.
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  • Classic & Heritage Vessels

Historic or restored boats requiring bespoke coverage for unique hulls, finishes, and value assessments

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  • High‑Performance Boats

Speed-focused vessels including sport fishing craft and racing hulls, with coverage for motors, trailers, and custom upgrades.

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  • Houseboats & Liveaboards

Vessels used as primary or seasonal residences, with protections extending to onboard living assets.
 

  • Charter Yachts (Private Use)

Privately owned vessels made available for occasional charter, with regulatory and third-party liability compliance built in.
 

  • Personal Watercraft

Jet Skis, Sea-Doos, and similar craft (covered only as part of commercial fleet or hospitality programs).

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