Specialist Advice and Expertise

Lockton's Yacht Practice offers specialist advice and expertise, working with clients to tailor yacht insurance programmes that meet the complex needs of yacht ownership and provide comprehensive insurance resolutions for vessels of all sizes.

The marine environment is a hazardous one, but Lockton has combined the talents of both our Private Client and Marine colleagues to provide seamless, comprehensive yacht and super yacht insurance programmes to protect these high value assets and their staff.

Our Experience

With decades of combined experience in luxury yacht and superyacht insurance, our Yacht Practice can offer you solutions for:

  • Hull and machinery insurance
  • Tenders and submersible vessel insurance
  • War risks and piracy insurance
  • Protection and indemnity/third party liability insurance
  • Pollution liability (COFRs) insurance protection
  • Personal effects insurance
  • Medical and personal accident insurance for your crew and guests
  • Career ending insurance for professional yacht captains
  • Kidnap and ransom insurance
  • Berth liability insurance
  • Insurance for boat builders
  • Insurance for boat transporters
  • Mortgagees interest insurance
  • Cyber risks

For private clients, our portfolio approach results in better rates and smart solutions on all personal lines, including homes and motor vehicles. Our empathy, passion, and specialist knowledge allows us to provide the highest level of customer service to meet clients' needs, all while reducing the time necessary to arrange insurance or make a claim.

What do we cover?

  • Superyachts
  • Motor boats
  • Sail boats
  • River cruisers
  • Day boats
  • Narrow boats
  • Sports boats
  • Fishing boats
  • Catamarans
  • Dinghies

If you own or are thinking of purchasing a yacht, then you will require to some degree insurance for the vessel. Even if you decide not to insure the hull and machinery of the vessel (often not an option) you will still need liability coverage.

At Lockton we understand that complexity of yacht insurance is a challenge for clients to understand effectively, with the complexity of coverage affected by:

  • Size of your vessel
  • Where in the world you intend to cruise
  • Number and nationalities of the crew
  • Racing risks
  • Anticipated works or refurbishments
  • Anticipated movement of the vessel by third party carriers
  • Finance arrangements
  • Pre and/or post survey requirements.

For smaller vessels, one insurance product often covers all elements of risk protection. For larger yachts and super yachts, three or more separate policies will be required. 

We offer fully comprehensive coverage for vessels of all sizes, almost anywhere in the world.

Proposal forms

To complete our commercial proposal form please click here.

To complete our consumer proposal form please click here.


Speak to a Private Client Specialist: 020 7993 2828

For more information: [email protected]

For claims: [email protected]

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See our Client Stories