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Hull & Machinery
MCO is a market leader in providing streamlined claims on Hull & Machinery policies. We assist the Assured and the Insurer to settle claims under their Marine Hull Policies. We also work very closely with Marine Insurance Brokers.The primary 'end product' is an Average Adjustment providing an opinion on liability in accordance with the Policy conditions and quantifying that liability in monetary terms.
Our services include varying contracts of marine policy, from ITC Hulls, American Clauses, Nordic Plan etc.
General Average
The law of General Average is a legal principle of maritime law according to which all parties in a common maritime adventure proportionally share any losses resulting from a voluntary expenditure and sacrifice of part of the ship or cargo to save the whole in an emergency.We specialise in identifying General Average situations as well as providing guidance in the correct steps to take at the time of the casualty. We also attend to the collection of GA security and the collection of contributions from cargo &/or other interests after issuing our adjustment.
Loss of Hire
We have extensive experience dealing with Loss of Hire claims across all major forms of policies.
Builders' Risks
We offer a wide range of services to both ship builders and their insurers with their insurance claims. Our London associate, Nigel Rogers, is a recognised leader in the field of BR claims.
Security Collections
We provide services to handle the collection of General Average or LOF Salvage security for multi-bill of lading casualties. We specialise in the efficient and speedy collection of securities to ensure ship owners maintain their lien on the properties involved.We handle the entire collection and provide required updates through online cargo e-books and regular updates.
Hull & Machinery
MCO is a market leader in providing streamlined claims on Hull & Machinery policies. We assist the Assured and the Insurer to settle claims under their Marine Hull Policies. We also work very closely with Marine Insurance Brokers.
The primary 'end product' is an Average Adjustment providing an opinion on liability in accordance with the Policy conditions and quantifying that liability in monetary terms.
Our services include varying contracts of marine policy, from ITC Hulls, American Clauses, Nordic Plan etc.
General Average
The law of General Average is a legal principle of maritime law according to which all parties in a common maritime adventure proportionally share any losses resulting from a voluntary expenditure and sacrifice of part of the ship or cargo to save the whole in an emergency.
We specialise in identifying General Average situations as well as providing guidance in the correct steps to take at the time of the casualty. We also attend to the collection of GA security and the collection of contributions from cargo &/or other interests after issuing our adjustment.
Loss of Hire
We have extensive experience dealing with Loss of Hire claims across all major forms of policies.
Builders' Risks
We offer a wide range of services to both ship builders and their insurers with their insurance claims. Our London associate, Nigel Rogers, is a recognised leader in the field of BR claims.
Security Collections
We provide services to handle the collection of General Average or LOF Salvage security for multi-bill of lading casualties. We specialise in the efficient and speedy collection of securities to ensure ship owners maintain their lien on the properties involved.
We handle the entire collection and provide required updates through online cargo e-books and regular updates.