PROTECTION & INDEMNITY (P&I) COVER

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PROTECTION & INDEMNITY (P&I) COVER Delivering years of experience in Fixed Premium Protection and Indemnity (P&I) Insurance

EXPERIENCE AND EXPERTISE The Navigators Insurance Group established a fixed premium Protection & Indemnity facility in 2004. We provide protection for owners, managers and charterers of small to medium-sized ships against third party liabilities arising out of the operation of their vessels. Based in London, the Navigators P&I facility is one of the few fixed premium facilities with a proven track record of underwriting for over a decade. We have an experienced team of dedicated underwriters and claims professionals who understand the needs of smaller ship owners and operators. Our vast experience in numerous geographical regions and jurisdictions enables us to serve clients across the globe, and to cater to most types of small to medium-sized vessels. Financial Strength and Stability As part of The Navigators Group Inc., we are part of a successful and highly regarded international specialty insurance holding company with insurance company operations, underwriting management companies and operations at Lloyd s, and an expanding network of offices in the US, South America, the United Kingdom and Continental Europe, and representative offices in China and Brazil. The company s 40-year history is highlighted by a track record of growth and consistent, favourable financial performance. The Navigators Group Inc. is rated A (Excellent) by A.M. Best, and A (Strong) by Standard & Poor s, thereby offering the financial strength required by clients. Unlike a number of our competitors and Managing General Agents (MGAs), who are ultimately reliant on their parent company, we have complete control of the covers we offer.

FLEXIBILITY We take an open-minded approach to business opportunities and individual client needs: Accepting single ships or fleets No restrictions to age No restrictions to Class We are able to offer additional covers upon request, including Ship Owners Liability (SOL) cover for specialist operations and towage liabilities that may fall outside the normal scope of standard P&I cover. Tailor-made cover We offer cover on bespoke terms for a variety of limits of cover up to USD $1Billion, with deductibles and terms tailor-made to suit the individual client, their trade, and their insurance budget. Our standard P&I cover includes insurance for: Loss or damage to cargo Loss or damage to property (including FFO) Collision with other ships (RDC) Pollution Wreck removal Special compensation to salvors Towage liabilities General Average Contributions Crew claims Fines

RELIABILITY AND ADAPTABILITY We have a proven track record for providing clients with: Certainty of cost No supplementary calls No IGA restrictions No release calls Experienced underwriters with a depth of knowledge and reputation in the Fixed Premium Market Professional in-house claims experts available 24/7, who pride themselves in cost efficiency. Extensive network of correspondents able to provide expert advice on the scene Clear and unambiguous terms from the outset, ensuring a reliable understanding of the cover provided. In-house Loss Prevention, providing expert advice and quality control Continuously improving We are constantly listening to our clients and brokers to determine how we can adapt the covers we offer. We welcome suggestions as to how we can assist our clients and adapt to the changing nature of the maritime world. We are here to serve our clients needs.

MEET THE TEAM... Jason Riley Head of International P&I Tel: +44 (0)20 7220 3979 Mobile: +44 (0) 774 7638 723 Email: JRiley@navg.com Underwriting Head of Underwriting Simon Collins Tel: +44 (0)20 7220 6905 Mobile: +44 (0)77 3834 9405 Email: scollins@navg.com Richard Lovett Tel: +44 (0)20 7220 9315 Mobile: +44 (0)78 8458 6211 Email: rlovett@navg.com Damian Mustard Tel: +44 (0)20 7220 3913 Mobile: +44 (0)75 9048 6118 Email: dmustard@navg.com Petra Hubalkova Tel: +44 (0)20 7220 6969 Mobile: +44 (0) 7717 291111 Email: phubalkova@navg.com Underwriting Support Sian Lockett Tel: +44 (0)20 7220 6923 Email: slockett@navg.com Briony Carter Tel: +44 (0)20 7220 9315 Email: bcarter@navg.com Danielle Harlow Tel: +44 (0)20 7220 1163 Email: dharlow@navg.com Claims Anthony Desbrousses Tel: +44 (0)20 7220 6918 Mobile: +44 (0)75 1529 2281 Email: adesbrousses@navg.com Michelle Smalley Tel: +44 (0)20 7220 6982 Mobile: +44 (0)79 2160 4390 Email: msmalley@navg.com Loss Prevention John Grenville-Goble Tel: +44 (0)20 7220 3902 Mobile: +44 (0)77 0375 1698 Email: jgrenville-goble@navg.com Credit Control Lynne Keeling Tel: +44 (0)20 7220 6973 Email: lkeeling@navg.com

The most satisfied reflection from our client is that Navigators is quick to respond, professional in service and has a cooperative and understanding attitude toward their clients. WHAT YOU GET FROM NAVIGATORS P&I: A rated security $1 billion limit of cover Bespoke terms and conditions to suit individual needs/budgets Cover for IACS and Non-IACS ships Experienced underwriters who know the Fixed Premium Market Efficient provision of latest required trading certificates Professional claims experts available 24/7 Worldwide correspondent network Dedicated in-house Loss Prevention For further information, contact one of our team, or to go: www.navg.com/p&i