Navigators & General signs superyacht deal with Sunseeker

Navigators & General (N&G) have signed a deal to become the insurer for the bespoke Sunseeker Owners Insurance Facility (Shield).

This is the biggest portfolio deal signed by Navigators, who are the largest yacht and motorboat insurer in the UK. N&G secured the deal via Dorset based E. Coleman and Company.

Sunseeker is also a Major Customer for Zurich's Commercial Broker business, so this new deal represents a strengthening of their existing relationship with Zurich.

James Roberts, Head of Navigators & General "Schemes are an important, strategic growth area for us and this deal consolidates Navigators' appetite, long-standing expertise and operational capability to grow portfolio business regardless of the line of business."

Navigators provides a strong package for brokers trading in schemes business including the ability to use their own experts where the broker has no in-house marine expertise , staff training, marketing support to grow new business, all risk wordings and commision uplifts.