Insurance covers loss of or damage to the insured vessel caused by perils of the sea, rivers, lakes or other navigable waters.
Argus protects the insured vessel or fleet against physical damage caused by a peril of the sea or other covered perils while the vessel is in transit over water.
We offer P&I across most commercial marine liability risks and coverage for third-party liabilities and expenses arising out of the ownership or operating of ships. Risks covered include third party liabilities for cargo, collision and damage to or loss of property.
All of our underwriting and claims decisions are made right here in Gibraltar. Contact us and find out why Gibraltar-based companies have trusted Argus for speedy, friendly and local insurance coverage for over a decade.
Any vessel that is over six metres in length and any vessel, irrespective of size, that is mechanically propelled must have, as a minimum requirement in Gibraltar, cover for third party liability.
Argus are one of a few insurers in Gibraltar who handle all claims locally. Our experienced claims team is supported by a carefully selected, network of surveyors and repairers. Decisions are made swiftly, and locally, and are backed by the Argus Customer Charter. Please feel free to complete a claim form.
If the vessel is over 12 years old, we would require an "out of water" survey with a surveyor of your choice. We would be happy to provide details of qualified surveyors operating locally. Otherwise, no survey is required if the boat is in sound, seaworthy condition.