The insurance firm Chartis has introduced “loss prevention services” for yacht insurance clients within its US private client group.
Crew-member injuries are the number one cause of yacht claims, Chartis said, based on the claims experience of its private client group. Fire damage causes the most severe losses, however.
The new services aim to decrease the likelihood and impact of avoidable damage to yacht owners, Chartis said. They include:
- Background checks on crew members with access to vessels, families and valuables;
- Hurricane preparedness reviews to help with pre- and post-storm planning;
- Connections to safe harbor, dry dock and repair facilities for yachts that are cruising, out of port or faced with a storm; and
- Educational materials on yacht safety, including post-accident guidelines and live sessions with family members or crew.