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CORPORATE PRESENTATION
R a e t s M ar i ne | T h e P & I i n s u ra nc e s p e c i
a l i s t
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Introduction
RaetsMarine an Amlin Group Company
P&I Insurance Specialist
Worldwide
client base
Extensive global network
of correspondents,
surveyors and lawyers
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RaetsMarine was established in 1993 as a specialist P&I
underwriter
RaetsMarine offers full range of P&I products worldwide
No 2 in premium size in fixed premium P&I
120 dedicated professionals from 20 different nationalities,
equally
divided between men and women, with an average age of 38
As from 2013 operating as service company within Amlin Group
using
Amlin Europe (A- rated by S&P) and Amlin Syndicate 2001 (A
rated
by S&P)
GWP 2015: USD 90m
Facts & Figures
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RaetsMarine stands for
Financial Stability
Reinsurance program with Munich Re, Hannover Re
and Lloyds of London
100% owned by Amlin Group
Experience
Support Desk for client assistance Highly motivated and
experienced
underwriting team of 26 underwriters
Highly motivated and experienced team of
20 claims handlers
Scope
Full range of P&I products Worldwide network of
correspondents and
surveyors
Network of subsidiaries in London,
Paris and Singapore
Financial Stability
Reinsurance program with Munich Re, Hannover Re
and Lloyds of London
100% owned by Amlin Group
Scope
Full range of P&I products Worldwide network of
correspondents and
surveyors
Network of subsidiaries in London,
Paris and Singapore
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50% Europe
25% Asia Pacific
10% Middle East India
9% Central-South America
3% North America
2% Africa
1% Russia & CIS
D i s t r i bu t i on o f R a e t s Ma r i ne c l i e n t s ( o
n b a s i s G W P )
RaetsMarine geographical
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Value chain
Profound relationships and
in-depth cooperation key to
success
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Amlin was founded in 1998 from the merger of Angerstein
Underwriting Trust and Murray Lawrence syndicate. However the
oldest part of the business (K J Coles Syndicate) dates from
1903.
Amlin is a UK domiciled company listed on the London Stock
Exchange
The Group net assets were 1,678.6m
Employ some 1.800 professionals in seven countries
A n I n t ro duc t i on
Amlin
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Our products
Charterers Liability
Shipowners P&I (ocean going
and inland craft)
MultiModal Ports & Logistics
Marine Defence
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S c o p e o f c o v e r
Charterers Liability
Any type of charterer, no matter how big or small
All type of vessels
No restriction regarding vessels Class or P&I provider
Worldwide trading
Tramp chartering, liner/feeder business, commodity traders,
etc
For Charterers who carry their own cargo cover can be
extended
to Cargo Owners Legal Liability insurance. This covers the
liability of the Charterer in their role as cargo owner
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S c o p e o f c o v e r
Shipowners P&I
Small to midsized and specialized vessels including
yachts worldwide
Specializing in non-cargo carrying vessels, such as
fishing vessels, tugs, supply vessels and any other
specialist craft operated at sea or in ports.
No restriction to age and class of the vessel
Singletons will be accepted
Bunker Blue Cards accepted by most flag states
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S c o p e o f c o v e r
MultiModal Ports & Logistics
Comprehensive, tailor-made liability cover for logistics
services providers, freight forwarders, port authorities,
terminal operators, stevedoring companies, warehouse
companies, cargo handling facilities etc.
Additional cover for equipment available on request
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S c o p e o f c o v e r
Marine Defence Legal Costs Cover
P&I cover can be extended to cover legal expenses of
commercial disputes, inlcuding our in-house legal services
Marine Defence cover can be extended to include Traders
Defence insurance for disputes under the sales contract
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S c o p e o f c o v e r
Ancillary Covers
RaetsMarine offer a variety of additional covers for
liabilities
falling outside the scope of standard P&I Insurance. It
can
either be a buyback of the exclusions in our policy
wording(s)
or additional insurances as an add on to the existing
covers.
We provide the following ancillary covers:
Bunker insurance
Freight insurance
Shipowners Liability insurance (SOL cover)
Delay insurance
Kidnap & Ransom and Loss of Hire insurance
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C h a r t e r e r s L i a b i l i t y a n d S h i p o w n e r s
P & I Security Structure
Maximum limit: USD 500m Maximum limit USD 1bn
(Charterers Liability ) (Shipowners P&I)
OR OR
1bn
50m
500m
USD 450m xs USD 50m
Lloyds of London (binder) (A+ S&P rating)
USD 50m
Amlin Lloyds
Syndicate
2001 (A+ S&P rating)
USD 50m
Amlin Europe
(A- S&P rating)
USD 500m xs USD 500m
Lloyds of London and
Company paper
50m
500m
USD 450m xs USD 50m
Lloyds of London (binder) (A+ S&P rating)
USD 50m
Amlin Lloyds
Syndicate
2001 (A+ S&P rating)
USD 50m
Amlin Europe
(A- S&P rating)
OR OR
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M u l t i M oda l P o r t s & L o g i s t i c s
Security Structure
Maximum limit: EUR 15m
Amlin Europe EUR 15 million
(A- S&P rating)
15m
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Offering insurance solutions to our clients is one of our
objectives
Success through profound relationships and cooperation between
all
members of the value chain
Strong team of experienced underwriters with in-depth knowledge
of
the clients business
Terms & conditions that fit the risk profile of the
client
Quick and adequate response through answers within 24 hours
upon
receipt of any request
O u r a p p r oac h
Underwriting
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Highly qualified claim professionals over 3 offices
worldwide
(Rotterdam, Singapore and Paris)
20 different nationalities with substantial claims
experience
A mixture of qualified marine lawyers and experienced
shipping
professionals who thoroughly know our clients business who
guarantee
complete cradle to grave of your claims file at all times
Available 24/7 through Duty Officers including emergency
response
team
O u r a p p r oac h
Claims
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We are committed to provide top tier claims services and
unrelenting in
our pursuit to be the leading insurer in the world of
P&I
We are committed in providing second to none claims services
We are determined to provide solutions instead of being part of
the
problem. We give answers instead of asking questions
We are different and you will experience the difference when
working
with us
O u r c o m m i t men t
Claims
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S E RV I C E A N D I N F O R M AT I O N
Support Desk
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Support Desk
Support Desk professionals
Nautical background
Legal background
Service and information tool
We are at our clients
disposal for any question at any
time.
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But above all, practical knowledge and experience counts.
Truly understand our clients needs
We strive to be recognised as a hands on extension of their
operations
department
Support Desk
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RaetsMarineAcademy
in-house training
Introduction programs
Professional training programs
In depth courses
Special topics
external training
Circulars to clients on key topics
In-house training with clients
Special traineeships for clients and broker staff
On demand training
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The RaetsMarine Executive Group is collectively responsible in
case of
a major casualty
A crisis and emergency team will be formed together with
executives
from broker and client
Surveyors, lawyers and any other experts will be appointed
after
cosultaion with broker and client
In case of media exposure RaetsMarine will appoint their
communication expert, being MTI Network in.
Major Casualty Response
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Rotterdam Office R a e t s M ar i ne I n s u ra nc e B . V. ( h
e a d o f f i c e )
Postal Address:
P.O. Box 8910, 3009 AX ROTTERDAM, the Netherlands
Visiting Address:
Fascinatio Boulevard 622, 2909 VA CAPELLE A/D IJSSEL, the
Netherlands
Telephone: +31-10-2425 000
Fax: +31-10-2121 918
Email: [email protected]
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London Office R a e t s M ar i ne I n s u ra nc e B V ( U K B r
a n c h O f f i c e )
Suite 2.01
34 Lime Street, London EC3M 7AT
United Kingdom
Telephone: +44 20 3544 4710
Fax: +44 20 3544 5044
Email: [email protected]
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Paris Office R a e t s M ar i ne F r a n c e S a r l
83, boulevard du Montparnasse, 75006 Paris, France
Telephone: + 33 1 44 39 1000
Fax: + 33 1 42 22 2534
Email: [email protected]
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Singapore Office R a e t s A s i a P & I S e r v i c e s P t
e L t d
78 Shenton Way #29-01, 079120 Singapore
Telephone: +65 6593 6008
Fax: +65 6593 6000
Email: [email protected]
