Sealogy

Sealogy: yacht and charter insurance from Berlin

Sealogy is a specialist yacht and boat insurance provider operating as both an underwriting agent and a claims handler. The company is headquartered in Berlin and describes a worldwide reach with operations spanning all time zones. Its activity centres on tailor-made cover for private yachts, charter fleets and charter trips, combined with in-house claims handling.

The firm traces its origins to 1999, when Boris Quiotek began offering boat insurance in Germany under the name EIS – European Insurance & Services. Sealogy was created by a charter fleet operator who had struggled to find qualified cover for his own vessels. The company now states it employs a team of thirty professionals and draws on more than 24 years of experience insuring charter fleets and yachts worldwide. It is currently owned and managed by Daniel Hoffmann and Ulf Remmel.

Three insurance lines: yacht, fleet and charter

The offer is organised around three main products, each aimed at a different type of client:

• Yacht or boat insurance for individual owners, presented as carefully crafted and tailor-made cover.
• Fleet insurance for charter fleet operators, described as business-friendly and designed for fleets of yachts.
• Charter insurance for skippers and crew on a charter trip.

Within the yacht line, the site lists third party liability, hull and machinery, and personal accident as cover areas, alongside two packaged options named Sealogy BASIC Cover and Sealogy TOP Cover. The charter line includes skipper liability, professional liability, Charter Confidence, Seal Deposit Insurance and Charter Price Insurance.

Vessel types covered

The catalogue of insurable craft is broad and explicitly enumerated: motor yachts, sailing yachts, bluewater sailing yachts, performance yachts, racing yachts, RIB boats, speed boats, super yachts, speed motoryachts, explorer yachts, refitted yachts, vintage yachts, gulets and houseboats. The company states that it insures yachts of all types and sizes and adapts solutions to each owner's needs, however complex.

The Sealogy Risk Triangle and underwriting approach

Underwriting is built around what the company calls the Sealogy Risk Triangle, presented as the cornerstone of its philosophy. The method weighs premiums, deductibles and exclusions to fine-tune cover for each vessel. Assessment takes into account materials, age, propulsion systems and intended usage, as well as the client's specific trading requirements and other relevant risk factors. Sealogy frames this as harmonising the owner's needs with its own role as risk carrier.

Brokers, partners and B2B relationships

Broker relations are described as the very core of the company's growth strategy, and it states a commitment to building lasting B2B ties with the charter industry. Two dedicated channels exist:

• For brokers focused on marine and yacht insurance, who seek cover for their clients' yachts; Sealogy cites attractive commissions and accounting and closing processes among what it offers them.
• For partners — companies or industry professionals in frequent contact with yacht owners or charter clients — with the same commission and settlement terms, plus APIs and web interfaces, where circumstances allow, to connect customers to their own IT systems.

The company also states that it collaborates closely with the charter industry and insures many of the world's fleets, and that it seeks win-win oriented partnerships across the global yachting industry.

Claims handling and international presence

Sealogy handles claims in-house through a dedicated team, with the stated aim of prompt, fair and efficient resolutions. A 24/7 claims hotline is published for this purpose. Beyond the Berlin headquarters, the company maintains offices in Croatia, Poland, Sweden and the Benelux region, each with its own contact person and email address. The site also lists additional services such as Sea Help, Charter Pass, GPS trackers and yacht registration.