Pembroke syndicate 4000 underwrites two main accounts within its Marine division:
Provides physical loss or damage cover for industrial machinery, equipment, retail goods, agricultural produce, mineral oil, metals and ores, whilst in tran¬sit or at rest. This also includes retail and wholesale stock in stores, warehouses and at distribution centres worldwide. Specialist cargo products include satellite pre-launch risks and consequential loss on project cargoes.
- War and Terrorism
We address three specific aspects of War related risk.
Property (commercial and residential) covering war, terrorism, strikes, riots and civil commotions, including the risk of business interruption within the United States and around the rest of the world. Third party liability and employers’ liability (on a claims made basis) of property and business owners arising from a terrorist event;
Aviation covering hull war and excess third party war liability. We include all major passenger airlines, cargo airlines, corporate aircraft / executive jets, privately owned aircraft and aircraft used for interna-tional aid;
Marine covering hull and machinery of vessels against war risks including mines, explosives, malicious damage, piracy, sabotage, terrorism, blocking and trapping. In addition to the physical damage cover there is cover for protection and indemnity risks as a result of a war peril.