Well advised by specialists

Shipbuilding insurance

Protected in dock and shipyard. Under this motto, HKVA - Hanseatische Kasko Versicherungsagentur offers reliable insurance solutions for tailor-made shipbuilding insurance. Whether it's insurance for construction, conversion or repairing of vessels, commercial ship insurance is only complete when shipbuilding and shipyard risks are fully covered.

As one of the few leading marine underwriting agencies in Germany, HKVA offers shipbuilding insurance with a high level of expertise. Together with our experienced brokers, we are a reliable partner for you. This page provides an overview of the important topic of shipbuilding risks and how to insure them professionally. If you have any specific questions, our experts are available for personal consultation.

What does shipbuilding insurance cover?

Accidents do not only happen on the high seas. Even during construction and repair works – in supposedly safe harbors – yachts and inland vessels, tankers, bulkers and container ships can be damaged, for example in floating docks or shipyard facilities. Good shipbuilding insurance provides reliable protection. It covers all risks for the ship and its relevant components. This applies during the construction phase as well as during the sea trials, right up to the launch and handover to the client. Shipyard risks are covered by us professionally and without any loopholes. In addition to all risks associated with the construction and refitting of ships, shipyard Liability insurance also insures the owner of the shipyard or floating dock against damage caused to property of a third party during repair and maintenance work in the shipyard. Repair Liability insurance has already proven itself many times over. Unforeseen defects after repair work are of course also covered by shipbuilding insurance.

Who benefits from shipbuilding insurance?

For shipping companies that value excellent marine insurance, elements such as Hull insurance and conversion insurance, caren & boom insurance and repair Liability insurance are also important. These provide comprehensive protection for bulkers, tankers and other vessels. We also offer our concepts for ship owners and shipping companies in the business of inland shipping.

Insurance is an essential factor in shipbuilding, as new builds and conversions are core activities for shipyards and ports representing costly investments. The same naturally applies to repair works. With the right insurance, the costs of claims incurred in this context can be minimised, which is an important competitive factor for modern companies in the commercial shipping sector.

Shipbuilding insurance – the ideal and customised solution

As a long-established underwriting agency based in northern Germany, we do not offer standardised, off-the-shelf solutions. Our mission is to provide tailor-made insurance solutions that truly benefit the shipping industry. Every company is different. At HKVA, we develop concepts that take this uniqueness into account and individually tailor policies to each requirement. The key factor is prior expert consultation that takes all risks into account so that shipyard operators and ship owners are on the safe side.

Take advantage of a free, non-binding consultation on shipbuilding insurance now

The better we understand the requirements of the ship owners and shipping companies to be insured, the more we can optimise their protection. We select the ideal offer from our renowned partnering insurers and work closely with highly specialised brokers.

We invite you to an initial consultation on the subject of shipbuilding insurance. This is, of course, non-binding for you. We appreciate your interest – get in touch with us now!