Maritime Cyber Insurance – Yachts

It is with regret that we must advise that, as of 23/04/22, Shoreline has suspended its underwriting of MISL’s Maritime Cyber Insurance products for both commercial and leisure vessels.

 Unfortunately, MISL’s reinsurers have taken the decision to assume a more risk remote posture with respect to cyber risk which is no longer compatible with the needs of our marine clients.

 We are currently exploring alternate reinsurance options and will not hesitate to advise you as, when and if we have secured the reinsurance capacity to support the underwriting of Maritime Cyber Insurance for and on behalf of Maritime Insurance Solutions Ltd., here in Bermuda.