Launch of an innovative yacht and motorboat insurance policy

Stoneways Marine, the new yacht and marine trade insurance provider is developing and expanding its offering with the launch of an innovative yacht and motorboat insurance policy.

With a plain language all risks wording and numerous additional benefits, cover is now available to owners of yachts, motorboats and all manner of pleasure craft in the UK.

Managing Director Keith Lovett said: “Bringing a new and original policy with well rated security into the yacht insurance market has been warmly welcomed. With choices limited in recent years, discerning boat owners are eager to consider a new approach, wide cover and Stoneways high service standards”.

Keith Lovett and fellow Director Will Prest, both lifetime boat owners, have approached the provision of insurance protection entirely from an owner’s perspective, resulting in a user-friendly product that incorporates additional benefits not included in other policies such as non-medical repatriation and mental health support for those onboard.

Complementing Stoneways unique policies for marine trades and businesses in the UK, the companies continued growth is assured in both the yacht and commercial environments.