Posted August 9, 2018 in Lifestyle by Morgan Crowe

Not every sailing yacht insurance program is created equal, so it’s essential to work with an insurance professional with deep knowledge of the risks unique to sail yachts and one who can recommend an appropriate insurance solution.

John J. Gaffney, Marsh Private Client Services’ (PCS) Yacht Practice Leader and avid boater for more than 40 years, has developed a true understanding of the complexities of owning a sailing yacht. “Owners of sailing yachts need coverage beyond a traditional yacht insurance policy — they need a program that addresses unique sailing yacht risks, is designed for global navigation and addresses both on and off-water risks,” John explained.

Advocacy Around the World

One example of a risk that can get overlooked is coverage and placement of spare-part containers that are shipped and stored along with a sailing yacht’s route. “Not only does Marsh PCS make sure spare-part containers are properly insured and going where they need to go, our team can also offer input on selecting drop-off points along the route before a crew sets sail,” John said.

If you race your sailing yacht, you want to ensure your navigation plans are defined ahead of time. The Marsh PCS Yacht Team can offer input on navigational limits and seek coverage terms that are compliant with U.S. regulations and international travel requirements. Once your crew reaches their destination, you’ll want to have insurance in place for non-owned or hired auto rentals to transport the crew. Marsh PCS can assist with auto coverage for rentals as well.

Support When You Need it Most

John noted, “Beyond the insurance program, working with a trusted insurance professional can make all the difference in getting the personalized service and advice one should expect from policy implementation, in the event of a claim, and throughout the longevity of the relationship.”

The Marsh Private Client Services Yacht Practice can help you gain peace of mind knowing you have a specialized yacht insurance program in place and access to a 24/7 emergency claims hotline. For a complimentary risk analysis, contact John Gaffney at 954-765-5682 or

John Gaffney is Senior Vice President and Yacht Leader at Marsh Private Client Services

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