Water transport is permanently under threat due to the specific activity and various environment risks. However, it has many important functions - from fishing to carriage of large volume of expensive cargo. Water transport, liability and cargo insurance help to prevent losses in business activity.


Advantages of Absolut Insurance Ltd.

  • Individual approach to each client
  • Experience in Corporate Insurance since 1992
  • Comprehensive insurance cover (property insurance, liability insurance, cargo insurance)
  • Highly experienced and professional staff (more than 10 years in insurance business)
  • Sum Insured (Limit of Liability) as agreed
  • Reinsurance Treaty
  • Prompt claims settlement
  • Personal Manager
  • Cover granted allows vessel to enter territorial waters and exclusive economic zone of Japan.

For more information on the Company and services provided you may download the Brochure

How to contact us?

Svetlana Kruglik +7 (495) 025-77-77 ext. 1705
Alexey Erofeev +7 (495) 025-77-77 ext. 1714
Nataliya Tulupova +7 (495) 025-77-77 ext. 1707
Tatiana Guseva +7 (495) 025-77-77 ext. 1710


Absolut Insurance Ltd. has experience in marine insurance since 1994 and currently offers the following insurance programs:

H&M Insurance
Risks

Actual or Constructive Total Loss of the vessel, damage to her hull, machinery and equipment.
Insurance Terms proposed:
  • With liability for total loss, damages and breakages
  • With liability for total loss and damages
  • With liability for total loss of the ship including salvage charges and general average
  • With liability for total loss of the ship including salvage charges
  • With liability for total loss of the ship

Additional Risks:


  • Actual or Constructive Total Loss of the vessel, damage to her hull, machinery and equipment due to constructive or hidden defects in her hull, machinery equipment.
  • Occurrence of unforeseen expenses (losses) resulted from loss of freight during a period of average lay-up of the vessel following damage and/or breakage of the insured vessel
  • War and strikes risks
  • Collision Liability and Liability for Damage to Fixed and Floating Objects

Shipowners’ Liability Insurance
Risks

  • Passengers Liability
  • Liability to person other than crew and passengers
  • Diversion expenses
  • Liability for collision with other vessels
  • Liability for loss of or damage to property including loss of or damage to floating and fixed objects
  • Liability for wreck removal
  • Liability in respect of cargo carried in insured vessel
  • Liability in respect of property on board the insured vessel
  • Costs and expenses in respect of special compensation to salvors
  • Expenses relating to official inquiries into insured event, legal costs
  • The costs connected with preventing and/or minimizing
  • War risks - limited to payments made under the International Convention on Civil Liability for Bunker Oil Pollution Damage 2001 only
  • Other risks – in accordance with the Insurance Rules

National and International Law Requirements

For inland water transport

  • Inland Water Transport Code of the Russian Federation
  • Resolution of the Government of the Russian Federation dd. 06.03.2012 No.193 (edition dd. 10.08.2016 No. 778) «Licenses required on sea and inland water transport»


For sea vessels and sea-river vessels

  • Merchant Shipping Code of the Russian Federation
  • Resolution of the Government of the Russian Federation dd. 06.03.2012 No.193 (edition dd. 10.08.2016 No. 778) «Licenses required on sea and inland water transport»
  • The International Convention on Civil Liability for Bunker Oil Pollution, 2001 (Blue Card furnished)
  • The International Convention on Civil Liability for Oil Pollution Damage, 1969 (and the Protocol of 1992 to the Convention) (Blue Card furnished)
  • The International Convention on Liability for Damage in Connection with the Carriage of Hazardous and Noxious Substances by Sea, 1996
  • The Nairobi International Convention of the Removal of Wrecks, 2007 (and the Protocol of 2010 to the Convention) (Blue Card furnished)
  • Japan Law «On pollution damage liability» dd. 1975 (MLIT)

Loss of Life, Personal Accident, Medical Expenses to Crew Members and Shipowner’s Liability Insurance to Crew Members.
Risks

  • Accidental death of crew member or death of crew member resulted from disease
  • Accidental death of crew member resulted from shipwreck
  • Announcement a missing crew member dead
  • Permanent disablement of crew member resulted from accident or occupational disease or temporary total disablement resulted from accident or disease
  • Medical expenses resulted from accident (incl. accident resulted from shipwreck) or disease of crew member
  • Deviation of vessel to land a sick or injured crew member
  • Loss of or damage to personal effects of crew member

National and International Law Requirements

For inland water transport

  • Inland Water Transport Code of the Russian Federation


For sea vessels and sea-river vessels

  • Merchant Shipping Code of the Russian Federation
  • Maritime Labour Convention 2006 (Certificates of Insurance as required under Regulation 2.5, Standard A2.5.2 and Regulation 4.2, Standard A4.2.1 paragraph 1 (b) of the MLC 2006 furnished)
  • Fishing Labour Convention 2007

Ship Builders’ Insurance
Risks

  • Loss or Damage to vessel
  • Pollution Risks
  • Faulty Design
  • General Average and Salvage
  • Collision Liability
  • Protection and Indemnity
  • Sue and Labour

Search for Surveyors and Correspondents
If you have difficulties while searching the List of correspondents/surveyors or found incorrect information please contact us at n.tulupova@absolutins.ru

Search for Valid Certificates
Внимание! Обновление списка судов происходит на регулярной основе и представленные данные должны быть верны, однако ООО «Абсолют Страхование» не дает гарантии, что все суда в настоящий момент застрахованы или будут застрахованы в ООО «Абсолют Страхование» и ООО «Абсолют Страхование» не несет ответственности за убытки, возникшие в результате использования этих данных. В этой связи рекомендуем связаться с Управлением страхования водного транспорта для получения достоверной информации.

Please note: While the list of vessels is regularly updated and is believed to be accurate, however no guarantee is given that all the ships listed are or will remain entered in Absolut Insurance Ltd. and no responsibility is accepted for any loss or damage arising from reliance on this data. Therefore Absolut Insurance Ltd. recommends you to contact Marine Hull and Liability Insurance Department directly.

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+7 (495) 025-77-77

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