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Specialty Senior Underwriter Sondre Arnesen

Special Risks

The Club's diverse product portfolio is enhanced by our appetite for supplying innovative, tailored solutions for our clients with exceptional exposures.

As such, Special Risks form an increasingly large part of our business, highlighting our proactive approach to the evolving challenges of the market. We strive to meet our clients’ and members’ needs for tailored coverage, developing our product portfolio through close collaboration with owners and their brokers.

Below, you will can find out more about our extensive Special Risks portfolio. If you cannot find what you're looking for, get in touch - we'd be happy to help.

"There are so many changes in the global risk picture that our clients face. Norwegian Hull Club therefore has a very high focus on developing new and bespoke insurance solutions together with our clients and partners."

Hege Midtsæter, SVP Specialty

Special Risks covers

Contractual Exposures

Norwegian Hull Club offers a wide range of covers for different contractual exposures.

Battery Performance - Loss of Hire

The first insurance cover of its kind, protecting against income loss due to battery system performance issues.

Cyber-Attack Exclusion Buy-Back

Norwegian Hull Club's Cyber insurance is the first of its kind in the market with a unique two level approach.

Sustainable Recycling Interest - SRI

SRI cover - which is subsidiary to ordinary P&I cover - is triggered by a total loss and covers the assured’s added costs for recycling a wreck at an EU- verified yard.

Tows and Delivery Voyages

Covers vessels, docks, barges, and units under tow - whether wet, dry or self-propelled worldwide.

Subsea Equipment

Norwegian Hull Club provides cover for subsea equipment whether operational, in transit or in storage.

Damage to Marine Scrubber Systems

This cover is in direct response to clients and brokers who approached us for a solution as 1 January 2020 approached.

Drug Seizure: Loss of Hire

Covers income loss from vessel detention due to drug-related incidents.

Kidnap & Ransom

Norwegian Hull Club’s K&R insurance protects crew and others linked to the vessel against kidnap and ransom risks.

Trade Disruption

Trade Disruption Insurance (TDI) is designed to protect a vessel’s earnings against events affecting the entire supply chain. 

Extended General Average Absorption

Covers General Average contributions beyond standard H&M terms, tailored to your fleet.

General Average Disbursement

Covers any shortfall in contributory values to GA if cargo or ship suffers further damage before the final destination.

Political Risks

Protects against vessel loss due to war-related events or government actions like confiscation or expropriation.

Bespoke Solutions

Norwegian Hull Club has the expertise to tailor solutions that protect clients from exceptional risks.