Agile & Responsive
Owners' Fixed Premium Insurance
What we cover
We provide Owners’ Fixed Premium insurance for owners of small vessels, typically under 10,000 GT, that do not require the high limits of liability provided by the IG mutual cover.
Covering worldwide, coastal and inland trading vessels, the fixed premium insurance provides limits of liability up to US$500m (P&I) and US$5m (FD&D) and benefits from trading certificates and blue cards issued by the S&P A-rated North. Early in 2020, North retained its ‘A’ financial strength rating for the sixteenth consecutive year.
As a North Insured, you can feel safe in the knowledge that your marine assets are suitably protected by the best insurer in the market.
For a full breakdown of our comprehensive cover:
Your guide to Owners’ Fixed Premium
Explore the full spectrum of our Owners’ Fixed Premium insurance services, including FAQs and training support.
Financial Strength
North Group at 20 February 2021
Owners' Fixed Premium News
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Circular: General Trade Licence dated 17 March 2022 – Reporting of vessel calls to Russia and transiting Russian territorial waters
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Mia Bredenberg Appointed as Australia Branch Manager
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North makes key Fixed Premium P&I appointments to accelerate diversification drive
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Sunderland Marine presents Sea Fishing Apprentice of the Year Award
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Sunderland Marine Trophy Awarded to Aquaculture Graduates
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Sunderland Marine supports the 2021 Tasmanian Seafood Awards
Discover the latest port information, maritime risks and weather updates around the world with North’s free interactive information portal, GlobeView.
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