British Marine Holdings, Ltd.
Specialty Marine Insurance Underwriter
In conjunction with an equity infusion from CZFS in January 2000, British Marine converted from a mutual into a stock insurance company. Founded in 1876, British Marine is a London-based specialty marine insurer, which offers both protection and indemnity insurance and hull and machinery insurance to shipowners in over 90 countries. Operating outside of the International Group, a group of 14 mutual insurers who focus on insuring the potentially catastrophic losses of large vessels, British Marine takes a different approach to marine insurance. Unlike other marine insurers, the company diversifies across a large number of small vessels (gross tonnage of less than 10,000) that operate in specialized niche sectors of the shipping industry.
