Marine Policies Benchmarking
“Unlock the True Value of Your Marine Insurance with Marasco Marine Ltd”
By Mr Anastasios A. Maraslis – Founder/President of Marasco Marine Ltd.
The maritime industry is evolving at a rapid pace, driven by global trade shifts, regulatory changes, and geopolitical developments. In such a dynamic environment, are you confident your current marine insurance policies are optimized to protect your fleet and your bottom line? At Marasco Marine Ltd, we help you stay ahead by benchmarking your policies against market standards and aligning them with the latest industry challenges.
Navigating a Changing Geopolitical Landscape
Recent geopolitical events—from trade disruptions and sanctions to conflicts in key maritime zones—are reshaping the risk landscape for shipowners and operators. These changes directly impact insurance coverage, premiums, and operational strategies.
Key challenges include:
Sanctions Compliance: Trade routes and cargoes are increasingly subject to sanctions regimes, requiring insurance that ensures compliance while mitigating risks.
High Risk Areas (HRA): Shifting piracy zones, regional conflicts, and military escalations demand robust War Risks policies tailored to emerging threats.
Supply Chain Disruptions: Geopolitical tensions can lead to unexpected delays or rerouting, impacting insurance needs and liability exposures.
Marasco Marine Ltd specializes in helping shipowners adapt their insurance strategies to meet these challenges, ensuring that your fleet remains protected and compliant regardless of external changes.
What Is Policy Benchmarking?
Policy benchmarking is the process of evaluating your existing marine insurance coverage against industry standards, best practices, and real-world market offerings. This process highlights areas for improvement, identifies gaps in coverage, and uncovers opportunities to save costs—all while ensuring your fleet is protected against evolving risks.
Why It Matters
The maritime industry is dynamic, and risks evolve as operational and regulatory environments change. Benchmarking ensures your coverage keeps pace with these changes and remains competitive in terms of scope, price, and claims support.
Here’s how Marasco Marine Ltd can make a difference:
Comprehensive Review of Coverage
We analyze your current policies—Hull & Machinery, War Risks, P&I, and others—to ensure they address all your operational needs.
Our experts identify exclusions or limitations that could leave your fleet exposed.
Competitive Premium Analysis
Are you paying more than the market average for comparable coverage?
We provide insights into how your premiums compare to industry benchmarks and suggest adjustments that can reduce costs while maintaining robust coverage.
Optimized Deductibles
Higher deductibles may lower premiums but expose your operations to unnecessary financial risks.
We assess if your deductible levels are aligned with industry norms and offer solutions to balance affordability with protection.
Closing Coverage Gaps
Does your policy address emerging risks like cyber threats, sanctions, or environmental liabilities?
We ensure your policies are forward-looking and comprehensive, safeguarding your fleet against unforeseen challenges.
What You Gain by Benchmarking with Marasco
By working with Marasco Marine Ltd, you’re not just reviewing your policies—you’re unlocking advantages that enhance your operational efficiency and peace of mind:
Personalized Risk Management: Tailored recommendations specific to your fleet and trading routes.
Cost Savings: Reduce premiums and avoid unnecessary overlaps in coverage.
Enhanced Claims Support: Improve claims handling efficiency with Marasco’s trusted expertise and dedicated support team.
Future-Ready Policies: Ensure your coverage aligns with evolving market trends and regulatory requirements.
A Trusted Partner in Marine Insurance
With over 32 years of experience, Marasco Marine Ltd has built a reputation for offering clients more than just policies. We deliver strategic value through our specialized Advisory Board, expert claims handling, and unique risk prevention culture. From our ongoing work with small and medium-sized family-owned shipping companies to complex fleet operations, we bring unmatched dedication and knowledge to every partnership.
Start Your Benchmarking Journey
Wouldn’t you want to know if you’re getting the best terms and coverage for your fleet? With Marasco Marine Ltd, you can gain clarity, confidence, and competitive advantages in your marine insurance.
Let Marasco Marine Ltd show you how smarter insurance decisions lead to smoother sailing.
*Marasco Marine Ltd Is an independent Marine Risks Management Company which has over 30 years of marine insurance expertise in P&I and H&M insurance with an unwavering commitment to client’s success, by introducing specialized strategies in Risk Prevention and Risk Management in its daily modus operandi, with additional services such as: safety audits, and the introduction of safety protocols, which is very crucial for its clientele’s P&I and H&M insurance covers and premium cost control. More about Marasco Marine Ltd, its full list of services, unique structure and its Board of Advisors, can be found at www.marasco-marine.com