Beazley launches new marine cover on e-trading platform

Specialist marine insurer Beazley has launched a new custom pleasure craft coverage available to quote and bind through its online risk platform myBeazley.

The company's new policy covers a range of vessels up to £10 million in value, from small boats to luxury yachts, including cyber cover for losses to navigational and self-steering equipment.

Ian Hoy, pleasure craft underwriter at Beazley, said: “Brokers and clients appreciate the clear and concise wording in our policies and the broad coverage, coupled with Beazley’s award-winning claims service.

"The release of our pleasure craft product within our myBeazley online platform enables brokers to efficiently offer our specialist pleasure craft product to their clients.”