• Yacht Insurance

    Burgess Yachting Financial Services draws on a wealth of experience from across the Burgess group, to provide cost-effective insurance policies for your yacht and crew.

    Our in-house insurance brokerage is regulated by the Financial Conduct Authority in England. No. 572603. Registered address 16/17 Pall Mall, London, SW1Y 5LU.

    Yacht Management
  • Integrated risk management

    Traditionally, assessing risk in the yacht market has been challenging because every yacht, crew and cruising pattern is different. But Burgess offers a unique approach.

    We work closely with owners and managing agents to devise a comprehensive risk management package, ensuring that preventative yacht operating policies and procedures are in place. This enables us to secure the most appropriate, cost-efficient, and comprehensive insurance solution for any yacht.

    Yacht Management
  • Owner benefits

    • FCA regulated. Burgess Yachting Financial Services Ltd is approved and regulated by the Financial Conduct Authority.
    • Competitive rates. We can reach the worldwide insurance markets and secure the best rates.
    • Tailored cover. BYFS will seek advice from other Burgess departments to ensure the cover is suitable for the itinerary of the yacht.
    • Effective claims. We can use Burgess’ 35 plus years’ experience of dealing with underwriters to ensure we only offer cover with trusted firms.
    • Confidentiality. We communicate in-house so there is no need to divulge an owner’s information to third parties.
    • Time saving. We can obtain a rough indication on price in five hours and final quotes within a minimum of 48 hours.
    Yacht Management
  • What we cover

    • Hull and machinery cover
    • Liability insurance
    • Crew medical and personal accident cover
    • Kidnap and ransom insurance
    • Charter risks insurance
    • Cargo, personal effects and contents cover
    • Yacht build risk insurance
    • Professional liability insurance
    • Single item insurance
    Yacht Management
  • Policy updates and making a claim

    • An integrated team ensures no gap in cover. BYFS liaises constantly with our yacht managers regarding changes to the yacht and its day-to-day running. We ensure that underwriters are kept abreast of the yacht’s movements to prevent the yacht breaching a warrantee or condition that might affect its level of cover.
    • A strong claims advocate in the owner's camp. In the event of a claim, BYFS works closely with the yacht’s risk management structure to ensure a swift and fair processing of the claim. We liaise directly with the underwriters to supply all necessary information and keep the yacht ownership updated on the claim progression.

    Download Burgess Yachting Financial Services Terms of Business Agreement [PDF 1.2Mb]

    Yacht Management

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