insurance
Plain Sailing with Trafalgar If you are a boat owner, you will know that insuring your vessel is never straightforward. Finding an insurer who speaks your language and understands your needs can be a testing, and not something you want to risk placing in the wrong hands. A great deal of time and money goes into looking after your vessel and if things go wrong, you want to know that it will be resolved with speed and efficiency. If you are one of the many boat owners in Gibraltar or Spain you will be relieved to know that specialist cover is available right on your doorstep. Trafalgar Insurance brokers in Gibraltar have been offering their tailor made ’Euro Marine’ policy for over 2 years covering British, Gibraltarian, Spanish and Portuguese Flags Trafalgar Insurance Brokers offer a bespoke insurance solution for boat owners through Ibex Insurance Services, a cover holder for Lloyd’s, the world’s leading insurance market. It was Lloyds that initially encouraged Ibex to develop the Euro Marine product, recognising the potential that they had within their team of marine experts and underwriters, who have over 70 years combined insurance experience of pleasure craft ownership. Bill Pisani, Manager of Trafalgar talks about how Ibex developed the Euro Marine product: “The underwriters at Lloyds noticed that there was a gap in the market for tailor made pleasure vessel insurance, although there are other products available in the market, finding an insurer who really understands boat ownership can be difficult. Ibex has a number of marine experts employed within the company, these are not only
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insurance specialist but boat owners themselves, so when we say we understand boat ownership, we mean it literally! Another reassuring factor is that not only are the policies underwritten at Lloyds, but all staff undergo training with Lloyds to ensure they really understand how the market works. Lloyds have underwritten some of the most advanced regattas in the world, so you can rest assured that your vessel is in safe hands with us!”. When it comes to claims, Trafalgar and Ibex have also got this down to a tee. If the inevitable were to happen, you can relax in the knowledge
“Lloyds have underwritten some of the most advanced regattas in the world, so you can rest assured that your vessel is in safe hands with us!”
that your claim will be dealt with fast and efficiently. Making a claim is something that we all dread, as if the initial frustration of your possessions being damaged or stolen isn’t enough, we then have to go through the process of dealing with numerous parties to get it resolved. However, Ibex have made the claims process a simple one. Not only will you deal directly with their claims handlers, but a dedicated Marine Claims Handler will take ownership of your claim and will be your only point of contact throughout the process, streamlining the procedure for you. With the expansion of Ocean Village in Gibraltar attracting new boat owners to the port, Trafalgar looks set to have a busy year ahead of them! The team celebrated Trafalgar’s 3rd Birthday this summer and continue to offer motor, household, pet, travel, medical and legal protection policies in addition to marine insurance to the Gibraltarian and expatriate market. If you are a boat owner and would like to discuss your insurance needs, or would like to find out more about the policies offered at Trafalgar call into their office on Horse Barack Lane or call 200 44628 for a tailor made insurance solution at a competitive price. GIBRALTAR MAGAZINE • NOVEMBER 2008
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