Services
Coastal Marine Asia Underwriting (HK) Ltd is a company dedicated to the insurance needs of shipowners operating small vessels, cargo, marine liabilities and the aquaculture business with a risk appetite for the following:
Vessel Type – up to 15,000 GT:
Work Boats
Tugs
Barges
Crew boats
Landing Craft Tank vessels (LCTs)
Supply boats
Anchor Handling Tug / Supply Vessels
Utility vessels
Crane barges

Coastal / Restricted Trading
Coastal cargo vessels
Coastal container vessels
Coastal tankers
Coastal bulk-carriers
Passenger / Ferry Vessels
Carrying 200 people or less


Pleasure Craft
Yachts
Cruisers
Catamarans

Fishing Vessels
All types

Other Classes
Ship builder’s and ship repairer’s risks
Protection & Indemnity
Cargo
Freight Forwarder’s Liability
Terminal Operator’s Liability
Port Operator’s Liability
Break-up voyages

Claims
At Coastal we appreciate the importance of claims; the key being the management of all claims right from day one, when the loss is first advised. In our network we have relationships with average adjusters and surveyors that go back many years, enabling the best advice to be given in what are often very difficult circumstances. Our internal systems prompt regular follow-up on claims and our expertise and technical knowledge enable claims to be settled both equitably and quickly.
Geographical Reach
North East Asia
South East Asia
Middle East
Latin America
Risk Management Approach
We take a proactive view to risk management with a real focus on “loss prevention”, as we like to call it. Within our network we can select the right expertise for the job in hand, which may require a marine surveyor, a ship’s captain, a former seaman or a combination of these skills. By drawing industry leading skill sets together we are able to explain the benefits the Coastal Loss Prevention team can provide to our clients, making the necessary arrangements for a loss prevention programme to be conducted during the period of the contract.