The new N&G policy, which is aimed at marinas, boatyards, boat builders, repairers and boating clubs, has been developed jointly by N&G and Zurich Commercial. It provides cover for most aspects of marine and non-marine insurance under one policy, with a common renewal date and single point of contact.

The Marine Combined Policy will, depending on meeting the appropriate conditions, cover up to £5m public and products liability; up to £10m employers liability; buildings and contents; business interruption,; pontoons, jetties and workboats; boat stock and boat building; yacht club vessels and sailing school fleets; trip boats or hire fleets,

N&G will use the existing UK network of Zurich Commercial surveyors to carry out risk assessment surveys, and where appropriate provide free risk management advice.

N&G has also simplified the policy wordings and quotation requirements in order to offer a more straightforward way of arranging cover, where some companies require lengthy and complex proposal forms to be completed, N&G will use a ‘statement of fact’ helping to reduce unnecessary work for the customer and broker.

Richard Coleman, head of N&G said, ‘Navigators & General has been discussing the development of a combined commercial product with both insurance brokers and marine trade operators for some time. Responding to their changing needs, we have developed, with our colleagues at Zurich Commercial, what we consider to be a market leading product that provides customers with a seamless proposition for both their marine insurance requirements as well as their specialist business needs.’