Yacht Blaze Highlights Need for Proper Marine Insurance

A venerable motor yacht with sixty years of service under her belt came to a sad end last week. Pamela IV, berthed at Di Mola Shipyard in the Port of Sanremo, was gutted by a 'violent fire', the cause of which remains unknown. Though an isolated case, the blaze serves as a stark reminder of why having marine insurance is such an important aspect of owning a seagoing vessel.

Though the scene was attended by a significant number of firefighters, police officers, coastguard soldiers and precautionary paramedics, the stricken yacht could not be saved. Drone footage released by Italian news site Riviera24 showed Pamela IV blackened and still smoking the morning after the inferno. Fortunately, there were no reported casualties.

The specialist Marine Team at Bachmann Group have, over more than four decades, forged strong, close working relationships with reliable insurers and insurance brokers, including globally-recognised underwriters Lloyd's of London. These connections allow us to obtain highly-competitive quotes for our clients.

In addition to actually insuring a vessel, our skilled team can obtain quotes and assist with obtaining insurance for matters relating to crew, for example personal accidents or employer's liability. In the event of a claim being necessary, Bachmann Group representatives will act as an authoritative liaison-point for the insurance broker throughout the entire term of the policy agreement.

Find out more about Bachmann Group marine insurance, along with other crucial services such as corporate ownership and yacht registration, on our website.