Keel Insurance | Marine | Brit Insurance

With hundreds of thousands of trips made by vessels each year into high risk areas excluded from annual war risks protection, ‘breach calls’ are required to provide insurance cover for these events. This has traditionally required a time-consuming placement process for short-term and short-notice trips that are frequently completed before the insurance paperwork is concluded.

Utilising a new trading platform that offers brokers a single interaction to place breach calls for vessels in seconds, the Keel consortium directly aims to improve efficiency in covering breach call risks, allowing brokers the opportunity to obtain instant, fully supported quotes around the clock.

Key highlights

Instant quotes

IMO verification, pricing and sanctions screening all considered and returned within seconds

Additional coverages

Terms available for Increased Value and Loss of Hire

Coverage options of 90/180 days for Loss of Hire

Flexible periods

Terms offered for period up to 30 days

Confirmed Trips can be adjusted once actual start/end dates are known, i.e. no follow-up date change endorsements needed

Bulk Fleet Uploads

Ability to pre-load fleets from data files

Vessels and fleets can be stored in Keel for subsequent quotes

The insurance industry’s placement of breach call risks has historically been an onerous and time consuming process. Through our Keel consortium, Brit is aiming to directly address this, delivering a solution that enables the placement of risks in seconds, not minutes, or days, as is currently the norm. We are delighted to have created Keel, and believe its easy to use platform and the technology that sits behind this will help expedite and enhance the writing of marine war breach call risks

Gary Brice Head of Marine

Instant quotes for breach call risks

Keel

Keel offers up to $152.5m of capacity per risk and provides instant quotes for breach call risks that are fully sanctioned screened.

Brit's trading platform offers a single interaction to place breach calls for vessels in seconds, allowing brokers the opportunity to obtain instant, fully supported quotes around the clock.