Marine insurance

We offer high quality insurance to cover general cargo vessels, bulk carriers, tankers, fishing vessels, passenger ships, supply vessels, tugs, icebreakers, dredgers, research and scientific vessels, yachts etc.

Shipowners, shipping companies, fishing farms, ports, shipbuilders, shiprepairers, marine academies, leasing companies and many others in marine industry will find a first class service at our company.

Marine Underwriting Department of SOGLASSYE Insurance Co. Ltd. offers a wide range of insurance products and services, segmented into both personal and commercial lines:
- Hull & Machinery
- Protection & Indemnity
- Builders Risks
 - Protection & Indemnity for Charterers
- Yacht Insurance

The capacity of our reinsurance treaty allows us to insure significant risks within the following limits:
- for Hull & Machinery – up to Euro 10 000 000
- for Protection & Indemnity – up to Euro 20 000 000
- for Builder’s Risks – up to Euro 30 000 000
- for Yacht Insurance - up to Euro 30 000 000

Major partners of Soglassye IC:
Re-insurers: Hannover Re, Lloyd’s syndicates, etc
Brokers: Aon Group Limited, MARSH, Willis, Cooper Gay etc

Major claims paid 2006 - 2010:

2006
USD 11 250 000 - fire damage to vessel under construction at “Northern Warf” Shipyard OJSC

2007
USD 703 200 — breakdown of main engine and towage of mv NEW HARVEST
USD 646 840 — breakdown of main engine and salvage of mv TRADER
USD 300 000 — measures for protection of environment against oil pollution by mv FLOURISH

2007
USD 703 200 — breakdown of main engine and towage of mv NEW HARVEST
USD 646 840 — breakdown of main engine and salvage of mv TRADER
USD 300 000 — measures for protection of environment against oil pollution by mv FLOURISH

2008
USD 700 002 – damages to hull and machinery of mv PAUL
USD 567 000 – hull damages of vessel ANDROS WARRIOR due to collision with mv MARE PACIFIC
USD 434 012 – hull damages of mv YAAD-E-MOHAMMED due to collision with mv STAR DREAM at port of Fujairaah (U.A.E.)
USD 230 000 – hull damages to yacht «007»
USD 15 000 – damages by stevedore to mv LEONID SOBOLEV at port of Amsterdam (under time-charterer’s liability)

2009
USD 1 000 000 – breakdown of main engine of mv SIRIUS at the coast of West Africa
USD 300 000 – breakdown of main engine of mv DUDEN
USD 94 919 – damages to hull of mv BLACKWOOD and harbor wall at port of Sevastopol due to heavy weather
USD 92 000 – damages to bulb and forepeak of mv PORSOY due to grounding

2010
USD 600 000 – hull damages and fire on mv POLAR
USD 74 000 – ice damages to mv SAPPHIRE at port of Rostov-on-Don
USD 50 000 – death of crew member of mv JIGAWA (under Shipowner’s liability)

Svetlana Merkulova: tel/fax: +7(495) 234-91-24, +7(495) 739-01-01 ext(449)
e-mail: s_merkulova@soglasie.ru

Andrey Pavlogradsky: tel/fax: +7(495) 739-01-01 доб. 2454
e-mail: andrey.pavlogradsky@soglasie.ru

Why Buy Insurance from Soglassye?