The RPS Lucantha Yacht team of RPS delivers tailored coverage for complex marine risks with exposures in the US and beyond. Backed by nearly 40 years of industry underwriting experience, our team offers turnkey solutions supported by in-house policy issuance, renewal support and claims guidance.

Tailored, creative solutions for yachts of all sizes and navigational areas.

Target risks:

  • Boats, cruisers, production and custom sportfish, motor yachts, trawlers, superyachts, center consoles with multiple engine configurations, sailboats and catamarans
  • Recreational usage includes private pleasure, occasional charter, full-time charter, captained and bareboat charters for single vessels
  • Yacht Fleets — see Charter Fleets

Coverage highlights:

  • "A" rated insurance companies with comprehensive "all risk" policy forms
  • Longstanding E&S markets and P&I Club options
  • A wide range of coverages to meet individual owners' needs
  • Hull and machinery, protection and indemnity, yacht liability, personal effects, tenders and water toys, crew and charter exposures, emergency towing, salvage and wreck removal
  • Yacht pollution liability to address civil penalties, criminal fines, defense costs or interest

Geography:

  • Worldwide
  • Cat and non-cat areas around the world
  • Full-time cat areas like the Bahamas, the Caribbean, Mexico and Central America
  • Trans-Atlantic crossings (via cargo or on own bottom)
  • Mediterranean and extended nav throughout Europe

Of note:

  • Time saving pre-filled applications for your clients
  • Client presentable quotes and binders

Initiate all new submissions and renewals on the MyRPS portal. Questions on how to do so? Please email lucantha-newbind@rpsins.com or lucantha-renewals@rpsins.com.

Skilled in placing diverse marine risks that demand underwriting discipline. Coverage options vary by business type and are tailored to the unique operation.

Target risks:

  • Commercial hull and P&I risks:
    • Six-pack charter vessels, excursion vessels, pilot boats, ferries, tug and towing vessels, research vessels, builders risk and cargo vessels
  • Marine package policies:
    • Marinas, boat dealers, boat builders, yacht clubs
  • Marine contractors:
    • Dock builders, marine artisans, marine construction, dredging operations, pile drivers, diving contractors
  • Monoline marine liabilities:
    • Excess marine liabilities (P&I, MOLL, etc.), bumbershoot, marine general liability, ship repairers legal liability, wharfingers liability, charterers legal liability, stevedores legal liability, tower's legal liability

Initiate all new submissions and renewals on the MyRPS portal. Questions on how to do so? Please email lucantha-newbind@rpsins.com or lucantha-renewals@rpsins.com.

Our Flagship Marine Underwriters team has a loyal crew of charter fleets and charter vessel clients globally.

Target risks:

  • Fleets of captained and bareboat charter yachts, six-pack fishing and sightseeing vessels, day charter boats, sailing and power catamarans, excursion vessels, dive charters and luxury motor yachts used for private or commercial charters

Coverage highlights:

  • Coverage options may include hull and machinery, protection and indemnity, charterers legal liability, passenger liability, crew and Jones Act exposures, marine general liability, pollution liability, tenders and water toys, emergency towing, salvage and wreck removal, navigation extensions, loss of charter hire and excess marine liability

Geography:

  • Worldwide
  • Extended navigation: coverage includes the Caribbean, North and South America, Europe, Asia and Australia, as well as transit in between.

Of note:

  • Offering extensive risk management and loss control services globally, including risk surveys and operational analysis
  • Ability to offer documentation and certificates in the local language

Initiate all new submissions and renewals on the MyRPS portal. Questions on how to do so? Please email lucantha-newbind@rpsins.com or lucantha-renewals@rpsins.com.

Frequently Asked Questions (FAQs)

The Lucantha Yacht team of RPS consistently delivers yacht and select marine insurance solutions that sell and backs that up with value-add services. We place business for large national brokers and "main street" agencies alike. Our goal is to be a trusted and responsive partner for your diverse clients to allow you more time to invest your time in soliciting new business.

Start your Lucantha yacht insurance quote through the online e-app in MyRPS. The e-app helps us capture the information needed to begin the quoting process and you can save your progress as you gather any required details or documents. For assistance with new submissions or questions along the way, please reach out to our team below or email lucantha-newbind@rpsins.com or lucantha-renewals@rpsins.com.

If an insured experiences an incident or occurrence, it should be reported as soon as possible to the carrier, even if it doesn't appear likely to result in a claim. Please reach out to your team member for intake documents or email lucantha-claims@rpsins.com or flagship-claims@rpsins.com to initiate this process.

If not appointed with RPS, it's quick and easy. Once appointed, you'll have access to MyRPS to be able to submit your risks directly to our team. Click here to start the process.

Once we receive your e-app in MyRPS, we'll promptly acknowledge receipt and review the submission. We'll then confirm whether we have the necessary underwriting information to provide a quote or follow up with any additional questions. Quote turnaround times vary based on the size and complexity of the risk, and requests may be prioritized by closing date. Throughout the process, our team is committed to being responsive, communicative and easy to work with.

Meet Our Lucantha Yacht Solutions Team

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