Superyacht News

Markets/Coverages: RSA Insurance Launches Superyacht Practice, Led by Chubb’s Grew

RSA Insurance announced it is launching a Superyacht practice, providing comprehensive cover for the larger end of the market, which is traditionally professionally skippered and crewed. The practice will be led by Emily Grew, who will join as a senior …

Italian Court Turns Down Request to Lift Freeze on Russian Businessman’s Yacht

ROME – An Italian court has thrown out requests to unfreeze billionaire Alexey Mordashov’s yacht which was seized by the police as part of a drive by Western states to target wealthy Russians after the invasion of Ukraine. Mordashov’s 65 …

Howden Broking Buys Independent Superyacht Broker Sturge Taylor

Howden Broking announced that it has acquired independent superyacht insurance broker Sturge Taylor & Associates (STA Group). STA Group will become part of Howden and will operate under the new trading name Howden Sturge. This acquisition further underlines Howden’s drive …

Superyacht Specialist Yachtpod to Underwrite on Castel’s MGA Platform

Yachtpod Risk Partners has launched as an underwriting cell on the Castel Underwriting Agencies Ltd.’s MGA formation platform to offer dedicated superyacht insurance on a worldwide basis. Yachtpod specializes in providing a “one-stop” shop for superyacht owners, captains and managers …

Willis Opens New ‘Superyacht’ Office in Barcelona

Willis Group Holdings announced the imminent opening of new Superyacht insurance brokerage office at the prestigious MB92 shipyard in Barcelona, planned for September. In connection with the new facility Willis said it “is offering all visitors a free analysis of …