Builders Risks Insurance

JSC "GUTA-Insurance"  provides cover for large multi-berth yards handling all types of vessels and small single slipway operations dealing with bunker barges, fishing vessels and small ferries. 

• the Insured’s property interests related to the vessel’s construction. Construction is understood as the process of vessel construction according to a certain project in accordance with the class requirements.

• damage and total loss (actual or constructive) caused by any risks threatening the vessel during its construction and assembly, vessel’s launching and sea trials
• environmental pollution
• faulty design
• general average and salvage
• collision liability
• expenses for preventing, minimizing and ascertaining the loss amount