Superyacht insurance broker CRS Yachts launches new website

Thursday, 28 February 2013

The London-based specialist superyacht insurance broker, CRS Yachts, has relaunched its website. The site's fresh design and renewed content will provide visitors with a clear understanding of the services offered by CRS Yachts. Visitors to the new website should check out company's recently launched brand film. Read More

5th Annual Superyacht Finance Forum to take place in September

Tuesday, 14 August 2012

September 18th, the 5th Annual Superyacht Finance Forum will take place in in Monaco. The program this year features an extraordinary line-up of Superyacht commercial and finance talent, including a unique, special feature exclusively on developments of the Chinese Superyacht market. We are extraordinarily fortunate to have Mr. Ji Fu-Xing, Deputy CEO of ICBC Leasing, flying in to participate in the program. Read More

Willis opens new superyacht office in Barcelona

Friday, 10 August 2012

Willis Group Holdings is due to open a new Superyacht insurance broking office at the prestigious MB92 shipyard in Barcelona. The new office opens its doors in September and Willis is offering all visitors a free analysis of their insurance arrangements at the MB92 shipyard. Read More

Willis North America appoints Rob Carron in Yacht Team

Thursday, 26 July 2012

Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Florida, today announced the appointment of Rob Carron, Account Executive, Willis North America Yacht Practice, effective immediately. Willis is a leading insurance broker that provides employee benefit and risk management solutions. Read More

2012 Results from Shipowners’ Club

Wednesday, 20 June 2012

The Shipowners’ Club, the specialist P&I insurer serving the global, smaller and specialist vessel sectors, announces its results for the year ended 20th February 2012, which feature a healthy overall surplus, increased premium revenues and growth in both tonnage and Member numbers. Read More

Chartis launching first suite of loss prevention services for yacht owners

Tuesday, 19 June 2012

Chartis today introduced the first-ever suite of loss prevention services for yacht insurance clients within its U.S. Private Client Group. Since its inception in 2000, Private Client Group has upheld a commitment to manage risk proactively. Yacht loss prevention builds upon an already extensive menu of risk management offerings for homeowners and collectors of art, wine and other valuables. Read More

The Shipowners’ Club appoints new Loss Prevention Director

Wednesday, 19 October 2011

The Shipowners’ Club, the mutual P&I insurer specialising in small and specialist vessels has appointed David Heaselden to the new post of Loss Prevention Director, with immediate effect. The post, which is an appointment to the Shipowners’ Protection Limited Board reflects the importance Shipowners’ Club accords to loss prevention advice provided to its Members. Read More

Shipowners’ Club launches simplified, All Risk policy for yachts

Monday, 15 August 2011

The Shipowners’ Club, one of the few P&I Clubs to offer specialist yacht insurance, has taken a new approach to yacht liability, offering an All-Risk policy that seeks to de-mystify aspects of the traditional wording contained in typical P&I insurance Rules and making the conditions understandable to non-specialist yachtsmen and brokers.

Ardel Trust hits Private Client Practitioner’s top 25

Friday, 12 August 2011

Ardel Trust has been recognised by a leading title within the private client arena, Private Client Practitioner (PCP), in its recent rankings. The Top 25 Trust Companies rankings are based on information provided by firms as well as published data and PAM Insight’s market knowledge. Gary Le Cras, head of the marine services will be representing Ardel Trust at the 2011 Monaco Yacht Show. Read More

Shipowners beefs up it's Singapore branch

Wednesday, 10 August 2011

Growth in demand for its liability insurance cover for small and specialist vessels of all types is cited as a major imperative behind Shipowners’ moves to expand its team of underwriters and claims handlers at its Singapore branch. Improved customer service to Members and their brokers based on local, time zone based expertise is another goal of the expansion. Read More

Shipowners’ P&I restructures it's London operation

Monday, 25 July 2011

As part of its on-going drive to increase both customer focus and operational efficiency, the Shipowners’ Club, which specialises in the provision of P&I insurance cover for small and specialist vessels worldwide, has restructured the key departmental functions at its London branch. Read More

New all risk insurance for superyachts from Pantaenius

Friday, 6 May 2011

Pantaenius has announced the release of a new All Risk insurance product for Superyachts valued at over 5 Million Euros (€5m). Pantaenius has a proven and well deserved reputation for innovation in the field of marine insurance and has released a new All Risk policy for Superyachts. The new policy has been designed in-house drawing on over 35 years of experience in this specialist market sector. Read More

Moore Stephens Crew Benefits establishes Antibes presence

Thursday, 14 April 2011

Moore Stephens Crew Benefits Limited ("MSCB"), a source for niche financial products specifically for Superyacht crew, has announced today that Graham McNamee has been appointed as sales manager in the Riviera. He will be based in Antibes. Graham stated: "With yachts returning to the Med for the season it’s the perfect time to be there". Read More

Barclays Corporate Jets & Superyachts now part of Barclays Wealth

Thursday, 2 December 2010

Following an internal reorganisation, the Barclays Corporate Jets & Superyachts (CJ&S) team now forms part of Barclays Wealth, a leading global wealth management firm, having previously been run as part of the Barclays Corporate business. Read More

Sturge Taylor & Associates Limited subscribe to red24

Tuesday, 12 October 2010

Sturge Taylor & Associates Limited, yacht insurance specialists, have subscribed for the benefit of its clients to the Security Advice and Remote Assistance services provided by red24, Global Security Specialists. Read More

Superyacht seller’s finance by Yachtnote

Thursday, 30 September 2010

In today’s market, finance is not easily available. The biggest ship finance bank, HSH Nordbank, even announced early September that, given the market outlook, it will not finance any new acquisitions of ships. In the yachting market the situation is not much different. Banks are very reluctant to lend money. Read More

Jersey Trust Company enhances Marine & Aviation service offering

Monday, 30 August 2010

In response to growing demand from its clients, Jersey Trust Company (JTC), one of the Channel Islands leading independent financial services firms, has formalised its specialist marine and aviation services offering. Read More

Spencer Lloyd joins Frank Crystal & Company

Monday, 2 August 2010

Spencer Lloyd has joined Frank Crystal & Company as the national Yacht Practice Leader within the company’s Private Client Services unit. Lloyd, who is based in South Florida, is responsible for the brokerage, placement and servicing of insurance for a broad array of luxury watercraft on behalf of Frank Crystal’s clients across the globe. Read More

YachtNote launches superyacht seller finance services

Wednesday, 9 June 2010

One of the most well known superyacht financing companies, Ciris Capital, has just released information on their latest service; Yachtnote, seller finance services. In the following article Remco Immink, one of the directors of Ciris Capital, explains more about this new service. Seller finance is when the seller of a yacht allows the buyer to pay back part of the purchase price over time. Read More

CRS Yachts opens new office in Antibes

Tuesday, 19 May 2009

CRS Yachts, the specialist superyacht insurance broker is pleased to announce the opening of a new office in Antibes, in partnership with Asttral SA. With an ever-growing client account and in order to continue providing optimum levels of service, Antibes will offer our clients in the Mediterranean a more direct point of contact. Read More

OnlyYacht London hires superyacht expert

Wednesday, 14 January 2009

Continuing their steady growth pattern in the last two years, OnlyYacht, the dedicated yacht division of Monaco-based SuissCourtage has announced the opening of a new London office, to be headed by superyacht insurance veteran Rupert Beckett. Read More

How to stay on course with yacht finance in the current economic conditions

Tuesday, 23 December 2008

SuperYachtTimes.com recently spoke with Remco Immink of Ciris Capital about the influence of the credit crunch on the finance of superyachts. Ciris Capital is a company that primarily exists to provide clients with access to loans and other financial arrangements, the current situation obviously has their full attention. Read More

Ciris Capital trains yacht brokers of Fraser Yachts

Tuesday, 25 November 2008

Ciris Capital held a special training day in Monaco and Fort Lauderdale for Fraser brokers from Europe and the United States. This all-day training was designed to help the brokers of Fraser Yachts feel more comfortable discussing yacht finance with their clients. The main focus was orientated around the complexities of the issue and how best to advise clients. Read More

New Ciris Capital portal offers wealth of information

Tuesday, 27 November 2007

Yacht finance specialist Ciris Capital has recently launched a new website, www.ciriscapital.com. Designed to provide clients and business relations with a wealth of relevant information, the portal includes an extensive Q&A section on three key subjects: Italian lease, yacht finance and purchasing a yacht. Read More

A drop in the Ocean – by Remco Immink

Wednesday, 8 August 2007

2007 has been a wonderful year for sail and power yacht owners and all other people enjoying a life on the ocean waves. Watching the America’s Cup in Valencia or the Super Yacht Cup in Palma could only make it harder to postpone the decision to purchase or upgrade to that beautiful yacht of your dreams. Read More