Recreational
Marine
Specialized Risk Management for Diverse Maritime Assets
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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
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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.
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Crew Medical & Emergency Evacuation:
Comprehensive protection for owners, guests, and crew, including rapid-response medevac coordination anywhere in the world.
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Fine Art, Tenders & Toys
Endorsements for onboard collections, helicopters, submarines, and specialized tenders, backed by valuation expertise to avoid disputes at claim time.
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Cyber & Privacy Exposures:
Covering onboard network systems, charter client data, and operational software — critical for privacy-driven families and offices managing multi-yacht portfolios.
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Compliance & Operational Confidence
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Programs structured to align with complex ownership setups (Malta, Cayman, Marshall Islands), so insurance dovetails seamlessly with tax and legal frameworks.
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Support for evolving requirements from port state controls, ISM Code, and evolving local charter regulations.