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:
North Group at 20 February 2021
Owners' Fixed Premium News
Circular: General Trade Licence dated 17 March 2022 – Reporting of vessel calls to Russia and transiting Russian territorial waters
Mia Bredenberg Appointed as Australia Branch Manager
North makes key Fixed Premium P&I appointments to accelerate diversification drive
Sunderland Marine presents Sea Fishing Apprentice of the Year Award
Sunderland Marine Trophy Awarded to Aquaculture Graduates
Sunderland Marine supports the 2021 Tasmanian Seafood Awards