How it works

We’ve made setting up UK War Risks membership as straightforward as possible and welcome owners, operators and brokers from anywhere in the world.

Step 1 – defining the cover you need

Your cover and service arrangements take account of the kind of ships you operate, the value of the ships, the kind of business they are involved with and where they typically trade. You can use our online forms or contact our underwriting team to discuss the details.

Step 2 – issuing an estimate

Once we have the correct information we can usually provide an initial quotation within 48 hours. Unlike non-specialist cover, we underwrite 100% of the risk for your ship or fleet – there is no need to obtain wider underwriting support to complete terms. This simplifies the process for our Members.

Step 3 – due diligence and compliance

Most ships these days are financed or part-financed by third parties – international banks or investment funds for example – and they typically require proof of insurance and compliance with various criteria. We are experts in liaising with these third parties to deliver evidence of your cover in place, quickly and efficiently

Working out Additional Premiums

To keep the cost of cover as low as possible, the UK War Risks Club calculates premiums on your ships’ standard operating schedule and then applies an Additional Premium as and when each individual ship operates in a knownhigh-risk area. One call to the team is all you need to organise Additional Premiums.

In the event of a claim

UK War Risks Club works in the interest of its Members. From the minute you have a potential claim, our experts will be there, working on your side with a claims process that supports you from the start.