The marine industry requires uniquely specialised solutions for its management of risk and we work in partnership with clients. The Global Marine integrated approach is backed by decades of knowledge allowing us to offer global expertise through point of contact at a local level, subject to local licensing requirements.
About the WTW Marine Industry Vertical Division in North America
If you’re wondering what industry excellence means for our marine clients, watch this video to find out more.
Why WTW?
Knowledge and experience
Strategic understanding of your industry, evidenced by the deep experience within the team.
The power of innovation
We leverage our marine industry knowledge and client insight to drive innovation across our risk solutions.
Global capabilities
A global team of 550+ marine specialists supporting your opportunities across our marine centres of excellence.
Market strength
With coordinated access to the global marine insurance marketplace, we aim to provide cost effective risk solutions to support your needs.
Market analysis
Insightful market selection based on settlement performance, loss prevention and emergency response as well as financial security.
Beyond the marine transaction
As your risk adviser we have a connected approach to risk, providing guidance on all aspects of your operation, whilst optimising total cost of risk.
Supporting you at critical times
Clear, effective advice and support in the event of a major loss, provided by our claims advisory and in-house adjusters.
Creating partnerships
Working together to harness your position as the best advocate of the risk, early selection and choice of the most appropriate strategic insurance partners, irrespective of global location.
Our global colleagues work across several specialty teams:
- Shipping and Maritime Industries: Hull and Machinery (H&M), Protection and Indemnity (P&I), Special Risks (Marine liabilities)
- Global Cargo
- Specie: Fine Art, Jewellery, Cash Management
- Global Asset Protection: Superyachts, and Private Clients
Claims – supporting you at critical times
Effective claims management is the ultimate measure of your broker:
- We understand the importance of delivering clear and effective advice.
- We are proud of the reputation of our in-house Marine claims specialists and average adjusters.
- Leveraging our global and local expertise, specialist teams can be on site supporting the claims process round the globe.
- We make claims based (not just price based) decisions when selecting insurance partners and understand the importance of measuring and managing the performance of insurers.
Disclaimer
WTW hopes you found the general information provided here informative and helpful. The information contained herein is not intended to constitute legal or other professional advice and should not be relied upon in lieu of consultation with your own legal advisors. In the event you would like more information regarding your insurance coverage, please do not hesitate to reach out to us. In North America, WTW offers insurance products through licensed entities, including Willis Towers Watson Northeast, Inc. (in the United States) and Willis Canada Inc. (in Canada).
