Marine Hull insurance

Marine risk scenarios can be incredibly complex. 

Talking to specialist marine risk consultants gives you the confidence to be bold, innovative and responsive to change in the business environment. 

Our philosophy is simple. We are here to serve you, and that means powering your ambitions. 

Howden brokers take the time to get to know individual businesses, vessels, and fleets; taking a hands-on personal approach means we can arrange quality cover at a cost-effective price. 

If you’re building, owning, consulting or operating at sea or on the move, you need an insurance partner with an in-depth understanding of the issues you face, to help you streamline and save.

What is Marine Hull and Machinery Insurance?

Marine Hull and Machinery Insurance protects the insured vessel or fleet against physical damage caused by a peril of the sea or other covered perils while the vessel is in transit over water. Although the most commonly insured vessels are those operating in the ocean or at sea, Hull and Machinery Insurance can cover vessels that work in any kind of waterway, such as tugboats, barges, floating machinery, and even oil rigs which operate in coastal areas. 

Hull and Machinery Insurance policies can be written to cover a single vessel or the whole fleet of a shipowner.  

A very important provision of Hull and Machinery Insurance is the Running Down clause, also referred to as “the Collision Liability” provision. As the name suggests, it protects the vessel owner against legal liability arising from the owner’s vessel colliding with another ship and damaging its property or cargo.  

It is very important to note that the Collision Liability clause does not apply to legal liability arising out of bodily injury or death, or property damage to fixed installations such as piers. If you wish to get insurance against this kind of liability, you will need to purchase Protection and Indemnity coverage.  

Common perils covered by Hull and Machinery Insurance are: 

  • Perils of the seas, rivers, lakes or other navigable waters 
  • Fire or explosion 
  • Violent theft by persons from outside the Vessel 
  • Jettison 
  • Piracy 
  • Breakdown of or accident to nuclear installations or reactors 
  • Contact with aircraft or similar objects, or objects falling there-from, land conveyance, dock or harbour equipment or installation 
  • Earthquake, volcanic eruption or lightning
  • Accidents in loading, discharging or shifting cargo or fuel 
  • Bursting of boilers, breakage of shafts or any latent defect in the machinery or hull 
  • Negligence of Master, Officers, Crew or Pilots  
  • Negligence of repairers or charterers

Coverage variations and extensions include:

  • Limited Terms or Total Loss Only 
  • Actual Total Loss to the Vessel 
  • Constructive Total Loss to the Vessel 
  • General Average Contribution 
  • Salvage Award 
  • Salvage Charges 
  • 3/4th Collision Liability 
  • Sue & Labour Charges 

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+62 21 2939 4900

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Visit us at: Millennium Centennial Center, 33rd Floor, Jl. Jend. Sudirman Kav.25, Jakarta 12920

Are you a:

Marine Liability Insurance

There is a range of Marine Liability policy forms, which are designed to cover third-party exposures associated with different marine-related occupations and activities. 

Marine Protection and Indemnity

In basic terms, Protection & Indemnity insurance, or P&I as it is usually known, is a ship operators’ (owner, manager or charterer) insurance cover for legal liabilities to third parties. Third-party risks include a carrier’s liability to a cargo-owner for damage to cargo, a ship’s liability after a collision, environmental pollution and war risk insurance. Find out more about our P&I cover.

In addition to Marine Protection & Indemnity (P&I) Insurance, Howden can arrange for you, on a “specific cover basis”, other Marine Liability insurances such as: 

  • Cargo Owners Legal Liability 
  • Carriers Legal Liability 
  • Charterer’s Legal Liability 
  • Marina Operators’ Legal Liability 
  • Port & Terminal Operators Legal Liability 
  • Ship Repairers’ Legal Liability 
  • Stevedores’ Legal Liability 
  • Container Liability 
  • Marine Contractors Liability 
  • Marine Pollution Liability 
  • Maritime Employers’ Liability (MEL) 

Howden Highlights:

Quality cover at a cost-effective price

We believe that our role is more than just protecting our clients from risk. As your risk consultants, we exist to empower you to grow your business by removing risk obstacles - the emphasis is always on the quality of cover, ready to stand strong when you need it most. 

Broad global market access

The Howden team has the market knowledge, relationships and broking expertise to cover any marine risk, regardless of size or complexity.

Global programmes

Streamlining your insurance into one global policy can save time, effort and money. Eliminate gaps and contention between contracts and providers by having one clear global view of your risk. 

Skillfully designing insurance wordings

Responsive insurance that helps when you need it most takes careful planning and attention to detail. This is where we excel, keeping all wordings firmly in your favour.

We work with companies ranging from global energy companies to independent contractors.

We create bespoke solutions for:

  • Upstream Supply Vessels & Workboats
  • Port Authorities & Terminals
  • Ocean Going Vessel Operations
  • Inland River Tug & Barge Operations
  • Dredging / Wet Construction Companies
  • Commercial Fishing Operations
  • Vessel & Upstream Structure Shipyard Construction
  • Commercial and Sport Diving

Contractors we support: 

  • Freight Forwarders
  • Transporters
  • Oilfield Services
  • Subsea Services
  • Upstream Drilling
  • Liftboat Operators
  • Diving Operations

The Howden Team has a core expertise encompassing the following:

Hull & Marine Liabilities for all types of tonnage and exposures

  • Hull and machinery 
  • Disbursements (increased value, freight etc.)
  • Loss of hire
  • Charterers’ liability
  • Charterers’ default
  • Machinery deductible
  • Protection and indemnity
  • Towage risks

Ports & Terminals a broad range of risks whether liability or physical loss

  • Loss of, or damage to, cargo under your care, custody or control
  • Third-party liability
  • Professional indemnity
  • Fines and penalties
  • Physical loss of, or damage to, equipment
  • Port property
  • Business interruption

Mortgagee interests, financial institutions, ship mortgage insurance and financing insurance

  • Mortgagees’ interest
  • Innocent owners’ insurance
  • Lessors’ interest insurance
  • Political risks insurance
  • Shipyard & Related Risks
  • Shipyard and building risks
  • Construction liability
  • Ship repairers’ liability
  • Worldwide delay in delivery

War, Kidnap & Ransom and Political Risks 

  • War risks
  • Kidnap and ransom
  • Confiscation, expropriation and nationalisation
  • Credit insurance

Meet the team

Photo of Firman Amersyah


Firman Amersyah
Senior Vice President
Photo of Firman Amersyah

Firman Amersyah

Senior Vice President, Strategic Business Development

Firman joined Howden in December 2013 as Assistant Vice President in the Strategic Business Development. He is responsible to develop the business strategically across the company. Part of his responsibility is to develop initiatives towards clients.

Prior to joining Howden, Firman worked at Aon as Manager at Corporate Risks Services Division, where handle various major clients as well as Lippo group business. Part of his focus is also to develop affinity initiatives with corporate risks services. Previously, he also worked for JLT to handle corporate and industrial clients for 4 years and prior to that he was working for one of the major bank in Bandung, Panin Bank as internal auditor. He has more than 7 years experience.

Firman graduated from Bina Nusantara University, majoring in computerized accounting. He has just completed one of the professional qualifications from ANZIIF, CIP, Ahli Pialang Asuransi dan Reasuransi Indonesia (APAI) and Certified Indonesian Insurance & Reinsurance Broker (CIIB).

Photo of Ega Napitupulu


Ega Napitupulu
Senior Vice President
Photo of Ega Napitupulu

Ega Napitupulu

Senior Vice President, Corporate & Industrial Risks

Since 2010, Ega was part of Business Development team of previous company prior to the acquisition of Howden. Following the restructuring Ega finds her passion to lead corporate and industry team as Assistant Vice President. Part of her responsibility is also to re-initiate marine focus.

Ega had previously working for an insurance company, Asuransi Sinar Mas for 13 years, where she led to grow major risks. She has over 15 years’ experience in the insurance industry,

She has extensive knowledge and experience in Property & Industrial Risks Insurance, Commercial General Liability, and Motor Vehicle.

Ega Graduated from Universitas Trisakti, majoring in Economics. She holds also few professional insurance qualifications, Ajun Ahli Asuransi Kerugian-Indonesia (AAAI-K), Ahli Pialang Asuransi dan Reasuransi Indonesia (APAI) and Certified Indonesian Insurance & Reinsurance Broker (CIIB).

Photo of Alfinsa Bayu


Alfinsa Bayu
Assistant Manager
Photo of Alfinsa Bayu

Alfinsa Bayu

Assistant Manager, Marine Risks

Alfin join Howden in 2022 as Assistant Manager in Marine Risk at Corporate Industry Risks Division.

Prior to joining Howden, Alfin worked PT. Asuransi Jasa Indonesia (Jasindo) for almost 6 Years his expertise as Marine Underwriter.

Alfin Graduated from University of Diponegoro majoring Civil Engineering.

Talk to a Marine expert

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+62 21 2939 4900

We'll put you in touch with the person best equipped to help.

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