Protection & Indemnity

Navigators P&I | www.navg.com

Navigators P&I was established in London in 2004 and provides P&I cover for small and medium sized vessels for limits of liability up to USD 1 billion.

In addition to providing fixed premium P&I, Navigators P&I also offer FD&D and other extended covers for shipowners with no specific restrictions on fleet size, age or classification of vessels.

Navigators has reported a 25% increase in tonnage from 2 million gross tons to 2.5 million gross tons with premium income also growing from USD 19 million to USD 21 million.

In 2016 it began offering a bank guarantee to cover Release Calls incurred by those insureds moving from an IG Club to the insurer.

The P&I facility is part of The Navigators Group Inc., which provides primary layer security up to USD 50 million. Security for higher policy limits of liability is provided by Lloyd’s syndicates.

The last year has seen a 25% increase in tonnage to 2.5 million gross tons.

A

Primary layer security is provided by Navigators Insurance Co., which is A rated by Standard & Poor’s.