Services
Through our relationships with global insurance markets we are providing innovative and intelligent risk management and risk transfer solutions to our clients, which has helped us to achieve pre-eminent positions in a number of key sectors.
Marines
Cargo
All types of cargo carried by sea or air including bulk, break bulk, containerised, livestock, reefer and general cargo.
Hull & Machinery
Cover for the hull, machinery and equipment of all types of vessels from fishing boats to VLCC’s, war risks, from small private yachts to luxury cruise liners.
Protection & Indemnity
Protection against all Shipowners’ liabilities including, collision, damage to fixed and floating objects, removal of wreck, crew injury, illness and death, liability to cargo, oil pollution and Charterers’ liabilities.
Freight,Demurrage & Defence
Cover for Shipowners’ and Charterers’ legal expenses. This cover also includes provision of legal advice on all matters relating to the assured’s contracts including charter party, sale and purchase and new building contracts.
Specialist Cover
Cover against confiscation, expropriation, nationalisation and detention.
Port Operators & Ship Repairer’s Liabilities
Tailor made cover for all property and liabilities associated therewith.
Ship Mortgage Indemnity
Cover to enhance ship-financing arrangements so avoiding the need for costly mezzanine financing.
Loss of Hire
Covers owner against loss of Hire income.
Marine Claims Handling
Marine Claims
We have one of the most experienced claims handlers in the market with 10 years of experience from dealing with leading insurance companies local and internationally.
We offer our clients an executive claims handler with experience in collision, salvage, general average, fire, grounding, sinking heavy weather, pollution, crew injury or death, cargo damage and other negotiations. We have experience with all major conditions and polices, and a track record of major incidents. Also we have a unique network of local as well as international lawyers and surveyors which we advise our clients on how to approach. We help our clients to follow the claims from A-Z, and make sure when an incident happen that our clients get right advice from the "very beginning".
For us claims handling is the most important part of any insurance contract, and our clients pay no extra cost for our professional advice.
Marine Claims Broker UAE
Anjali joined LMG in 2004 and successfully undertook development to achieve Marine Claims Broker status during 4 years of extensive work and experience in handling Hull and machinery and Protection and Indemnity claims. She has attended professional training courses as well as the Richards Hogg Lindley Average Adjusting Course.
Her detailed claims handling style is well appreciated by both owners and insurers alike.
Email: anjali@lmgme.com
We offer our clients an executive claims handler with experience in collision, salvage, general average, fire, grounding, sinking heavy weather, pollution, crew injury or death, cargo damage and other negotiations. We have experience with all major conditions and polices, and a track record of major incidents. Also we have a unique network of local as well as international lawyers and surveyors which we advise our clients on how to approach. We help our clients to follow the claims from A-Z, and make sure when an incident happen that our clients get right advice from the "very beginning".
For us claims handling is the most important part of any insurance contract, and our clients pay no extra cost for our professional advice.
Marine Claims Broker UAEAnjali joined LMG in 2004 and successfully undertook development to achieve Marine Claims Broker status during 4 years of extensive work and experience in handling Hull and machinery and Protection and Indemnity claims. She has attended professional training courses as well as the Richards Hogg Lindley Average Adjusting Course.
Her detailed claims handling style is well appreciated by both owners and insurers alike.
Email: anjali@lmgme.com
Property & Casualty
Material Damage and Business Interruption
Loss of or damage to physical assets and the resultant loss of income or increased costs of working. This will include for instance: Buildings, Contents, Plant and Equipment, Raw Materials, Work in Progress and Finished Stocks. The cover is available for generally any asset, such as commercial centres, office blocks, apartment blocks, hotels and resorts, marinas, industrial plants, utilities, industrial complexes. The recommended form of cover is generally ‘Property All Risks’. The Business interruption cover follows directly from the Property All Risks.
Machinery Breakdown and associated Business Interruption
Another form of material damage cover, but specifically for plant and machinery. This policy pays for the loss or damage or business interruption, caused by mechanical or electrical breakdown.
Liability Insurance
Your legal liability to pay compensation to third parties for injury or damage to their property, arising out of your business activities. Cover should apply anywhere in the world that you conduct business, where personnel travel or to where you provide products. Employers’ Liability relates to injury to employees and cover can be tailored to a workmen’s compensation insurance or dovetail with reimbursement under G.O.S.I.
Professional Indemnity risks fall under this umbrella. This is compensation payable following breach of professional duty by professionals, including medical malpractice.
Contractors All Risks/ Erection All Risks and Liability
A combined insurance covering the material damage, machinery breakdown and third party liability risks associated with any type of construction or erection project, from first mobilisation to handover and during the maintenance period. Cover can be extended to cover loss of future anticipated profit due to delay in start up, caused by damage to the project during the construction period.
Specialist Risks
Banker’s Blanket Bond. A specialist insurance covering Bank risks, such as acting on forged or counterfeit documents and loss of ‘valuable’ property.
Jewellers Block, covering risk associated with Jewellers.
Political and Credit Risks insurance are often required by Investors in projects undertaken in countries with ‘difficult’ political environments.
Employee Benefits
This category covers a range of insurances such as Life and Accident (paying a benefit following death or disablement), Medical Expenses, Group Business Travel, Key Man (where the employer effects insurance to provide a lump sum payment following the death of a key director, whose death may result in a loss of income to the company)
Miscellaneous risks
Loss of Money, Fidelity Guarantee, Deterioration of Chilled and Frozen foods, Motor Vehicle. A wide variety of ancillary insurance covers are available
Global Response
LMG offer unrivalled specialist insurance for businesses and individuals at risk for kidnap and ransom, detention and extortion. Control Risk is the worlds leading response consultant.
Expenses arising from Terrorism, sabotage, malicious damage, strikes, riots and civil commotion and other like events.
Energy &Aviation
Offshore Jack-Up Drilling Rigs
Cover against physical loss or damage and respective contractual liabilities whilst working on location and moves between location
Exploration & Development Insurance
Control of Well, Redrilling/Extra expense, Seepage & Pollution, cleanup and contamination
Protection & Indemnity
Protection against all Shipowners’ liabilities including, collision, damage to fixed and floating objects, removal of wreck, crew injury, illness and death, liability to cargo, oil pollution and Charterers’ liabilities.
Offshore Construction
Procurement, fabrication, load-out and installation including removal of debris and contractual liabilities
Offshore Supply, anchor handling, tug and supply vessels Accommodation units
Annual insurances for physical loss or damage, respective contractual and maritime liabilities to third parties and crew
Reinsurance
Reinsurance
L M G utilise our broad experience of placing direct ship owners insurances to bring a practical approach to the placing of marine reinsurances on behalf of insurers and clients. Our experience has been gained in all market climates and this enables us to apply current and historic practice to the quest for an appropriate reinsurance solution. Clients choose our reinsurance expertise because they value our specialised knowledge.