We had the pleasure of visiting RaetsMarine Head Office at Rotterdam. RaetsMarine, established 1993, is a niche specialist ‘retail’ P&I and Marine insurance provider, and since March 2013 formed part of the Amlin Group. They provide insurance, risk management, loss prevention and claim services to shipowners, charterers, traders, cargo owners and port authorities around the world.
RaetsMarine insures more than 1,000 charterers declaring more than 25,000 ships per annum, and insuring more than 5,000 ships for P&I worldwide. They also provide cover for marine cargo, multimodal, port and logistics, hull & machinery, shipbuilding risks and other specialist covers. Their approach provides a ‘one-stop shop’ specialist marine underwriter with a leading position in the fixed premium Charterers Liability and Shipowners P&I market. They have branch offices in Paris, London and Singapore.
P&I Malaysia will work closely with RaetsMarine in establishing their portfolio locally in Malaysia.