Understanding the risk before insuring it: a session on P&I
We hosted Andrew Cave, General Manager of CAVE, for a conversation about Protection and Indemnity. In marine risk, well-designed cover and a precise reading of the contract are what really protect.
By NEXO RE team
The conversation highlighted how important it is not only to hold a policy, but to have meticulously designed cover and a precise interpretation of the contracts involved in marine risk. 🚢
P&I insurance covers critical liabilities for shipowners and operators, including damage to cargo and personal injury, among others.
We thank Andrew and Paola for their valuable perspective, which strengthens our ability to advise our clients with excellence.
Have a risk to discuss?
If any of this looks like what you are working on, write to us and we will go through it with you.