D-Marin Introduces New Risk Management Solutions and Insurance Offering for Yacht Owners in the UAE

D-Marin expands its customer offering across its UAE marinas through a new partnership with ult. Insurance, connecting yacht owners with specialist marine insurance solutions and risk management expertise.

D-Marin has introduced a new specialized Risk Management Solutions and Insurance for clients of its UAE marinas through a partnership with ult. Insurance, part of the Chedid Insurance Brokers network.

Through the partnership, yacht owners berthing at D-Marin’s marinas in the UAE can be connected with a partner insurance provider who can assess their requirements and provide access to marine insurance solutions tailored to their vessel, operations and individual risk profile.

The new offering extends D-Marin’s approach to supporting customers beyond the marina, addressing one of the most important considerations of yacht ownership: protecting the vessel, its operations, crew and guests.

What this means for yacht owners

Through the partnership with ult. Insurance, D-Marin clients in the UAE can benefit from:

• Collective buying power: Cover placed for multiple vessels enables collective buying power to secure broader coverage terms and more competitive pricing than individual placements.

• Coverage tailored to each yacht: Specialists help owners navigate the market and recommend coverage tailored to the vessel, its operational requirements and risk exposure.

• Review of existing protection: Current arrangements can be reviewed to identify potential coverage gaps, giving owners greater confidence that critical areas of risk are identified and appropriately addressed.

• Specialist marine insurance expertise: Access to professionals who understand the specific insurance requirements associated with yacht ownership and operation.

• Clear guidance on coverage: Policy terms, exclusions and key conditions are explained clearly, helping owners understand what their insurance is designed to protect.

• Specialist claims management: Should a claim arise, owners have access to professional claims support and a structured process from notification through to resolution.

• One dedicated point of contact: A single point of contact helps simplify communication across insurance placement, policy servicing and claims management.

Coverage tailored to the vessel

Marine insurance requirements vary significantly depending on how a yacht is owned and operated. Each vessel is therefore assessed individually, rather than taking a one-size-fits-all approach.

Depending on the yacht and its requirements, insurance solutions available through ult. Insurance can include Hull & Machinery, Protection & Indemnity and Personal Accident coverage, alongside other forms of marine protection relevant to the vessel and its operations.

Key areas of coverage can include:

Hull & Machinery (H&M) Insurance

Covers physical loss or damage to the vessel, typically including accidental damage to hull and machinery; fire, explosion, grounding and collision; theft and malicious acts; heavy weather and sea perils; and salvage and general average.

Protection & Indemnity (P&I) Insurance

Covers third-party liabilities arising from vessel operations, typically including third-party property damage and collision liability; wreck removal and associated costs; injury, illness or death of third parties and crew; pollution liabilities subject to policy terms; legal and defence costs; and salvage and general average contributions.

Personal Accident for Crew & Guests

Provides protection for individuals on board, typically including benefits for accidental loss of life; permanent or temporary disability compensation; medical expenses where included; and emergency evacuation, subject to policy terms.

Extending support for D-Marin clients in the UAE

The new partnership reflects D-Marin’s continued focus on developing additional services and privileges around the wider needs of yacht owners, captains and crews across its UAE marina portfolio.

By connecting its UAE clients with specialist marine insurance professionals, D-Marin provides a more seamless route to accessing insurance expertise, while insurance assessment, advice, placement and claims management remain with the insurance provider.

Yacht owners berthing at D-Marin’s UAE marinas who would like to review their existing coverage or discuss an upcoming insurance renewal can contact the D-Marin UAE Risk Management team to be connected with the relevant specialists.

For more information or to request a quotation for your vessel’s insurance coverage, contact [email protected].

Disclaimer: This offering is available to clients of D-Marin’s UAE marinas only. Marine insurance advice, placement and related insurance services are provided by ult. Insurance, part of the Chedid Insurance Brokers network. D-Marin only facilitates access to these services for its UAE clients.