Is It Time for a Holistic Approach to Crew Insurance?

“In 2014, does it still make sense for P&I Clubs to underwrite routine health and accident claims?” asks Robert Johnston, head of the crew medical and personal accident insurance specialist Crewsure. “We are advised that this year, a number of Owners and their brokers are exploring buying low level healthcare insurance, which poses an interesting question for our sector.”

Commenting on the heightened atmosphere of the P&I renewal season, Mr Johnston added: “Clubs have inherited the task of dealing with seafarers who need medical treatment. Yet they are not healthcare insurers – they are ill equipped to provide 24/7 no fault medical plans or to negotiate standard fees with hospitals, and so for many years they have been forced to battle rising health bills.

“Why not take this everyday expense away from them? Why not agree a level of deductible that the Club is comfortable with and then insure the claims arising within the deductible with a specialist healthcare insurer, and thereby provide benefits to crew, which is the approach to healthcare enshrined in MLC2006?

Mr Johnston believes that the industry should consider a holistic approach. “The timing is right to review the manner in which crew medical welfare is insured. Does it make commercial sense to continue to look to the Mutual Clubs to underwrite routine expenses that clearly they would prefer to avoid, or is it time for Shipowners to embrace the spirit of MLC and purchase Benefits’ policies for all their staff, rather than see them as claimants under their Employers’ liability policies?”

It is well known that today’s global seafarer population is getting older and more sedentary, the abundance of paperwork is putting untold stresses on senior officers and the general level of expectation from healthcare services increases year on year.

Explains Mr Johnston, “Mutual Clubs are starting to see the consequences as a result. With a marked increase in the overall costs of routine crew claims, many Clubs are now trying to distance themselves from this extra expense by increasing the standard crew claim deductible. In the case of one major Club, the minimum deductible applicable to crew exceeds the minimum deductible applicable to cargo. The burden of every day crew medical and accident claims is increasing markedly.”

Robert Johnston is Managing Director of Crewsure, a company which has developed a ‘no fault’ insurance policy providing a benefit to seafarers in the manner in which employers provide insurance to shoreside employees as a standard contractual entitlement. He is committed to the tenets of the Maritime Labour Convention and believes that these can best be served by a collaborative approach with the industry.

For Further Information Please Contact:

Elaborate Communications
Debra Massey
Website:
01296 682356

www.crewsure.com
Notes to editors:
Crewsure Insurances are underwritten by Globality Health and KA Köln.Assekuranz Agentur GmbH on behalf of Great Lakes Reinsurance (UK) PLC – all part of Munich Re, one of the world’s leading Insurance and Reinsurance Companies with over 47,000 staff.

New Insurance Product Attracts Quality Crew

In the superyacht industry, it is particularly well understood that good relationships between owners and their crew have a direct impact on how well yachts are run, and the quality and consistency of the charter service offered. An important new insurance product, Crewsure Marine, which assists owners and managers in protecting the health and wellbeing of their crews and so meets forthcoming legal obligations under the recently ratified Maritime Labour Convention (MLC) is now being aimed at this unique sector of the market.

“A growing number of superyacht crew recruitment agencies are securing accreditation in line with MLC requirements,” says Robert Johnston, Managing Director of Crewsure. “The MLC will be ratified in August of this year and will affect the lives of yacht crew around the world. It will affect the crew’s conditions of employment, working conditions and working environment. The best yachts are always looking for the best crew, and that crew will now not only be looking for appropriate remuneration but also the best working conditions. In this new environment owners and management companies will be asking themselves if they are doing all they can to provide benefits and attract the quality on board personnel.”

Robert Johnston has a particular understanding of the superyacht sector, founding the yacht practice at British Marine and now serving as Chairman of Skuld Yacht. He emphasises, “Yacht crews deserve the same care and concern, the same rights to benefits, the same access to the best medical treatment and the same security expected and enjoyed by those who work ashore, as a standard contractual entitlement.”

This is the vision that inspired the launch of Crewsure Marine, a composite insurance policy paid for by the Employer and which provides insurance to a crew for medical care, personal accident, loss or delay of baggage, and includes the cost of repatriation in the (albeit unlikely) case of abandonment as required under MLC.

Mr Johnston recently retired as Chairman of British Marine after spending 10 years as Managing Director, which followed the 25 years that he spent with the Steamship Mutual P&I Club. He adds, “I intend to see Crewsure working harmoniously with all sectors of our maritime industry as we strive to deliver a composite insurance product complementary to P&I Insurance, which finally delivers the security and benefits that all working at sea deserve.”

Crewsure Appoints G2 Crew Services as its Global Correspondent

Crewsure is delighted to announce it has appointed G2 Crew Services, the recently formed partnership between Griffin Global Group Limited and Gulf Agency Company Limited to act as its global Correspondent.

Crewsure provides medical and personal accident insurance directly to crew and is underwritten by the Munich Group, one of the world’s leading Insurance Companies. The benefits provided are tailored to meet the needs of crew and the latest requirements of the Maritime Labour Convention (MLC).

“Crewsure complements our strategy of assisting clients in both the marine and offshore sectors to set new standards for the duty of care provided to their crew,” says Simon Morse, Executive Chairman of Griffin. “Historically the primary focus of marine services’ companies has been the owner, the vessel, or the cargo; and while contractually Crewsure’s client is the employer; the ‘door-to-deck’ service offered by us in partnership with GAC provides benefits directly to individual members of crew when in need.”

Robert Johnston, Managing Director of Crewsure, explains: “The aim of Crewsure is to improve the welfare of crew by replicating the same type of health insurance that is provided to key employees based ashore, rather than simply mitigating owners’ risks to large claims. By extending the breadth of cover, reducing the excess, simplifying the claim process and providing local on-the-ground support in over 1,000 ports we can significantly transform the level of service provided to onboard personnel while containing the cost of cover well within existing levels. We are pleased to have appointed G2 Crew Services as our Correspondent recognising the potential of the Crewsure product and its valuable role in handling crew in need of medical support and evacuations around the world.”

Crewsure Insurance Launches

A major new Insurance product, which assists shipowners and Managers in protecting the health and wellbeing of their shipboard personnel, and so meet their forthcoming legal obligations under the recently ratified Maritime Labour Convention (MLC), has just been launched.

Seafarers deserve the same care and concern, the same rights to benefits, the same access to the best medical treatment, the same security expected and enjoyed by those who work ashore. This is the vision that has inspired the launch of Crewsure Marine, a composite insurance policy paid for by the Employer and which provides insurance personally to seafarers for medical care, personal accident, loss or delay of baggage, and includes the cost of repatriation in the case of abandonment as required under MLC.

Crewsure Insurances are underwritten by Globality Health and KA Köln.Assekuranz Agentur GmbH on behalf of Great Lakes Reinsurance (UK) PLC – all part of Munich Re, one of the world’s leading Insurance and Reinsurance Companies with over 47,000 staff. Munich Re’s premium income for the year 2011 was around Euro 50 billion.

Crewsure’s Managing Director is Robert Johnston, a well-known figure in the maritime insurance world. He recently retired as Chairman of British Marine after spending 10 years as Managing Director, which followed the 25 years that he spent with the Steamship Mutual P&I Club.

Crewsure Marine is a ‘no fault’ insurance policy which provides a benefit to seafarers in the manner in which Employers provide insurance to shoreside employees as a standard contractual entitlement.

“I intend to see Crewsure working harmoniously with the maritime industry as we strive to deliver a composite insurance product complementary to P&I Insurance, which finally delivers the security and benefits that seafarers deserve. We recognise that it is critical to engage with unions, shipowners, ship managers, manning agents and the insurance industry, which we have been doing and we will continue to do. The development of the Crewsure product has been, and will remain evolutionary”, says Robert Johnston.