live
Sup-01
Superyachts Reinsurance

Superyachts Solutions

Bespoke hull, machinery and liability solutions for high-value motor and sailing yachts.

#insurance
Underwriting Focus

Semurg Appetite

Capacity
Bespoke, subject to vessel value, usage, navigation area and placement structure
Coverage Focus
Hull & Machinery, P&I-related liability, Blue Card documentation support and selected extensions
Target
Motor and sailing superyachts, private and commercially operated yachts, selected fleet portfolios
Geography
Mediterranean, Caribbean, Middle East, Asia-Pacific and selected global cruising areas, subject to navigation limits and sanctions review
Asset Type
High-value yachts, tenders, onboard equipment and yacht-related assets
Lifecycle
Build / Delivery / Operational / Refit / Lay-up
Structure
Bespoke single-vessel, fleet, facultative and layered placements
Exclusions
Sanctioned owners or vessels, undeclared charter use, unapproved navigation areas, poor maintenance standards
Superyachts

Superyacht insurance is highly individual. Each placement depends on vessel value, ownership structure, crew standards, navigation area and charter use — and requires underwriting discipline, market access and discretion at every stage.

Scope

What we cover

  • Motor Yachts

    • Displacement / Semi-displacement motor yachts
    • Performance yachts
    • Megayachts and Gigayachts

  • Sailing Yachts

    • Classic sailing yachts
    • Sloops
    • Ketches
    • Schooners

  • Explorer & Specialty Yachts

    • Explorer yachts
    • Expedition yachts
    • Ice-class yachts
Underwriting Scope

Coverage

Core coverage

Hull & Machinery
Physical loss or damage to the insured yacht, machinery, onboard systems and declared equipment

Liability

Marine Liability / P&I Risks
Selected liability exposures connected to ownership, yacht operation, crew, guests and third parties.
Blue Card Documentation
Liability insurance documentation support for selected jurisdictions and port access requirements, where applicable.

Excluded: Extensions: Seasonal cruising areas, delivery voyages, transatlantic passages, refit periods, lay-up and special navigation extensions may be considered where agreed.

Out of appetite and exclusions

Sanctioned owners, vessels or counterparties
Undeclared commercial charter use
Unapproved navigation areas
Racing risks unless specifically agreed
Known defects or poor maintenance
War, piracy or political violence unless specifically agreed
Differentiators

Semurg's edge

Human & AI Synergy

  • Specialist yacht underwriting

    Risk evaluation based on vessel profile, value, ownership structure, management quality, crew standards, navigation area and charter exposure — assessed by underwriters with direct superyacht market experience.

  • AI-assisted risk screening

    Analytics supporting navigation exposure review, sanctions screening, port access assessment and loss history analysis — providing structured data before binding decisions are made.

  • Ownership and structure assessment

    Structured review of beneficial ownership, trust and SPV arrangements, flag state, management controls and charter use — covering the full ownership profile, not just the vessel.

  • Technology-enabled operations

    Efficient underwriting workflows, Blue Card documentation coordination, placement reporting and compliance support across jurisdictions.

Structuring & Placement Capabilities

  • Bespoke placement structures

    Tailored solutions for single yachts, fleet portfolios, owner programmes and complex placements — structured around vessel value, usage profile and ownership arrangements.

  • International market access

    Placement capabilities across global insurance markets with cross-border support for yachts operating across multiple jurisdictions and seasonal cruising areas.

  • Discretion and confidentiality

    HNW ownership structures, beneficial ownership arrangements and sensitive placement details handled with full confidentiality at every stage of the underwriting and placement process.

  • Claims and settlement coordination

    Claims handling support with technical oversight, confidentiality and cross-jurisdictional coordination — from notification through to settlement.