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New Zealand - Details

Aquaculture – Details

Details

Sunderland Marine is one of the most established providers of aquaculture insurance and possibly the longest serving to the aquaculture industry, having issued its first policy for an aquaculture risk in 1986. Since then our aquaculture service has expanded both geographically and by operation type, from the very smallest to the very largest site. Today the Company insures a diverse range of species in 16 countries and has become the largest single underwriter of aquaculture risks worldwide.

The volatile and relatively high-risk nature of the aquaculture industry requires very focussed and selective underwriting technique. Due to this the Company offers the specialised service of Aquaculture Risk Management (ARM) which provides our Members with a comprehensive risk management and loss prevention provision and to assist with the application of risk controls.

We provide technical support to the Company's Members through annual site visits worldwide. Indeed our surveyors have completed over 6,000 site visits since ARM was formed and this wealth of information has provided a unique and valuable database.

Our dedicated and experienced team of aquaculture underwriters, aquaculture claims personnel, aquaculture risk managers and other aquaculture specialists work with our Members to create innovative and tailor-made packages to ensure the best protection possible for their individual aquaculture insurance requirements. Our integrated "all risks" policy includes cover for stock, equipment and support craft.