Staying ahead in a competitive market

Staying ahead in a competitive market

 A new format and a new website; new people in our team; Charterama keeps moving ahead. Flexibility is the key word.  In this release, you will find some interesting issues on underperformance claims and some basics about charterers liability and the risk of voyage charters.

Many will agree that 2017 was yet another competitive year with premiums remaining under pressure. Obviously, we had to deal with that too, however, as per AJG’s Commercial P&I Market Review, Charterama managed to maintain the same premium income where others showed a decrease in volume. Also looking at the 5 years cumulative result Charterama heads the troops with a comfortable 38% growth.

Source: AJG 2017 Commercial P&I Market Review

Charterama was long considered a new player in the market but has meanwhile been active for almost 10 years and can be ranked amongst the more established markets. Charterama has its main office in Rotterdam and a claims support office in Hong Kong. Royal & Sun Alliance is offering security for the agency since 2012.

“We are not price fighters but at the same time we have to live with the reality of a soft market. Call us affordable quality for specialists by specialists.”

“Our clients are our number one priority and so is their insurance cover and the service we provide. Although compliance is the magic word in these days and ages, we have the flexibility to listen and the experience to understand and offer workable solutions to our clients, without the disadvantages of often bureaucratic and slow operating corporates or large firms asking irrelevant questions. With Charterama you will have an immediate response from a specialist, without having to explain who you are every time and again.”

“Of course, our clients do have the advantages of a corporate insurer too: with A rated RSA providing the security in our policies, we offer a robust financial cover to our clients, ranging from blue chip large industrials to single ship charterers.”

In Rotterdam, Bastiaan Langeveld, previously hull broker with Marsh Rotterdam, joined our Underwriting team and in Hong Kong our claims team expanded with Samson Lok, who was previously with Sinotrans, Andrew Liu and Houlder.

Please visit our Blog and continue following us on LinkedIn with interesting articles.

The Charterama Team wishes you and your family a Merry Christmas and a happy, healthy and prosperous New Year.

Exclusively focused on Charterers Liability insurance

Why Charterama?

In the day to day hectic of shipping you don’t need problems. Unfortunately, sometimes problems do occur and in that case you need quick solutions and someone who understands you.

Charterama is the Charterers liability solution and understands your business.

With our experience in the shipping industry, on board ships, in ship operation or in commodity trade, you benefit from our hands-on and pro-active mentality and approach.

Claims issues will be picked up without delay; you will speak directly to a specialist who knows who you are. And your quotation and your documentation will be with you within 24 working hours, or even the same day.

Contact our office in Rotterdam, Hong Kong or in Paris.

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