Allianz Global Corporate & Specialty Hull and Machinery Insurance



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Allianz Global Corporate & Specialty Hull and Machinery Insurance Comprehensive cover, flexible solutions

Allianz Global Corporate & Specialty at a glance Full range of products and services across the whole spectrum of marine, aviation and corporate business, including Energy, Engineering, Financial Lines (incl. D&O), Liability and Property insurance, including International Insurance Programs Provides insurance for more than half of the Fortune Global 500 companies Global reach represented by a global network in over 150 countries consisting of Allianz companies in more than 70 countries plus carefully selected network partners Market-leading capacity to handle the largest risks Local decision making facilitates responsiveness Consistently strong ratings: AA ( Very Strong ) from Standard & Poor s, A+ ( Superior ) from A.M. Best Single point of access dedicated client teams and Key Account Managers Diversified risk portfolio and capital efficiency offer stability and long-term consistency

Meeting the challenges of the shipping industry Allianz Global Corporate & Specialty provides Hull and Machinery insurance for a wide range of blue and brown water vessel owners. Our creativity and ability to understand the business of the individual client offer a competitive advantage. The expertise and capabilities to get business done Allianz Global Corporate & Specialty Marine underwriters are highly experienced and respected. Their extensive marine insurance knowledge, combined with a creative approach to risk, results in imaginative, flexible solutions to the challenges brokers and clients face. The strength of a leader Allianz Global Corporate & Specialty is one of the most experienced and successful Marine insurers in the world. We have market-leading capacity that enables us to handle the largest of risks. Allianz Global Corporate & Specialty consistently achieves strong ratings for financial stability: AA ( Very Strong ) from Standard & Poor s and A+ ( Superior ) from A.M. Best. This ensures the financial protection and safety our clients need for doing business. The insurance carrier of choice for the shipping industry worldwide Allianz Global Corporate & Specialty provides insurance coverage for all kinds of vessels, including: Container ships Oil and gas tankers Bulk carriers Passenger vessels Fishing vessels Tugs and barges Towboats Offshore energy support vessels Mega yachts, yachts and pleasure craft

Solutions tailored to meet the client s individual requirements Our Hull and Machinery insurance provides protection against the physical loss of, or damage to, the vessel and its equipment, engines and machinery, including collision liability risk, loss mitigation expenses and General Average contributions. Cover may also be provided for: Increased value in case of loss War Loss of hire Builder s risk Highly Responsive Service Allianz Global Corporate & Specialty is structured to deliver a high level of service. We provide single point of contact access to a coordinated service team of specialists from underwriting, loss prevention and claims. Team members are dedicated experts in their fields who know the territory and have the authority and flexibility to make decisions quickly. Our global network ensures a high level of marine insurance intelligence and support wherever business is done. The resources to manage risk and control insurance costs over the long term We have one of the largest and most experienced Marine Risk Consulting teams in the industry. Our risk consultants provide access to quality Marine risk consulting services ranging from risk control program development and implementation to vessel surveys, including: Condition surveys Suitability surveys Trip and tow approvals Hull damage surveys Loss prevention surveys

Experienced Hull & Machinery claims professionals work closely with clients and their advisors from the initial report through settlement and recovery. Industry-leading claims and recovery services Allianz Global Corporate & Specialty views the claims process as an opportunity to repay our clients trust in us. It is the acid test of our services. Clients and brokers should expect nothing less than a first class response from us. Our claims network keeps service close to the customer and ensures we have the resources to respond quickly. Our claims professionals have a solid base of hands-on experience involving Hull claims. They are highly knowledgeable and committed to delivering prompt claims services. A world of expertise and global resources at your fingertips Insurance Programs. Worldwide, Allianz Global Corporate & Specialty operates in over 150 countries and territories through the Allianz Group network and through other network partners. It employs more than 3,000 people and provides insurance solutions to more than half of the Fortune Global 500 companies. Allianz Global Corporate & Specialty has a Financial Strength Rating of AA ( Very Strong ) from Standard & Poor s and an A+ ( Superior ) from A.M. Best. Allianz Global Corporate & Specialty is part of Allianz Group, one of the largest and most renowned insurance and financial services providers in the world. Allianz was ranked among the leaders in the Dow Jones Sustainability Index. For further details, see the Allianz Global Corporate & Specialty website www.agcs.allianz.com. Allianz Global Corporate & Specialty is the Allianz Group s dedicated brand for corporate and specialty insurance customers. The company provides insurance and risk management consultancy across the whole spectrum of marine, aviation and corporate business, including Energy, Engineering, Financial Lines (incl. D&O), Liability and Property insurance, including International

www.agcs.allianz.com Copyright 2014 Allianz Global Corporate & Specialty SE. All rights reserved. The material contained in this publication is designed to provide general information only. Whilst every effort has been made to ensure that the information provided is accurate, this information is provided without any representation or warranty of any kind about its accuracy and Allianz Global Corporate & Specialty SE cannot be held responsible for any mistakes or omissions. All descriptions of coverage are subject to the terms, conditions and exclusions of the individual policy. Allianz Global Corporate & Specialty SE Fritz-Schaeffer-Strasse 9, 81737 Munich, Germany Commercial Register: Munich, HRB 208312