We close the gap
others leave open.
Up to 80 % of all claims fall within the deductible of your hull and machinery policy and are borne by you. Our deductible cover takes on exactly that part, so your liquidity stays in your company.
Deductible cover: the liquidity anchor in your budget.
It covers the deductible of your hull and machinery insurance and smaller claims below the franchise. Your main policy remains untouched.
of all claims
Machinery damage is by far the most frequent cause of loss, and most of it stays below your hull deductible.
per claim
A typical hull deductible in commercial shipping. Every single claim below that line is yours to carry.
from your hull policy
Your main policy only responds above the deductible. Everything underneath hits your balance sheet directly.
An edition for every new vessel in your fleet.
For every newbuilding within the FellowShip circle we create an edition of its own, officially minted: a lasting anchor for the people behind the ship.
Owner's Edition
The edition for the owners and investors behind the vessel: struck in gold, in a strictly limited run.
Silverline
For the people who accompany the project: clients and partners who contribute to maritime value creation.
Captain's Coin
A token of appreciation for the crew and the service partners who keep the vessel running.
Struck in Idar-Oberstein for more than 110 years, in solid gold, silver and copper, known for high and medium relief.
“Owners do not need another insurer. They need a partner who knows the gap and closes it personally.”
Ronald Winter has seen shipping from the other side: ten years as managing director of a shipping company. The deductible cover grew out of exactly that experience, in the middle of a shipping crisis in which every uncovered repair threatened liquidity. Today he closes that gap with FellowShip, personally and at eye level.
- Ten years as managing director of a family shipping company
- Diplomkaufmann in finance and controlling, former German Armed Forces officer
- Maritime roots on the North Sea and the Baltic
Let us talk about your deductible gap.
A non-binding fleet review shows how much uncovered deductible your fleet really carries. Personal, discreet, from Hamburg.