SPS Direct - Renewal Update 2021

Shoreline is pleased to announce the completion of the market facility against which shipowners can obtain direct WBCs for the forthcoming policy year and would now like to invite renewal instructions from 1st January 2021.

Shoreline, in acknowledging that 2020 has been the worst year in living memory for the ferry and cruise industry, has garnered the support of their reinsurers to provide flexible renewal terms to their insureds, with the aim of minimising the cost of compliance at this particularly difficult renewal.

Please read more here.