"The function of marine insurance is to transfer the risk of physical loss or damage, or liability arising out of ownership or interest in marine property, to the insurers. The purpose of any form of insurance is to replace that which has been lost - in other words, to indemnify the insured and put them in a financial position, as far as is possible, as though the loss had never occured."

Eurorisk SA is an Insurance Broking & Consulting Company, whose management and employees have a long-standing history in the Maritime services industry. Our expertise and global network of associates enable us to fully appreciate our clients’ needs and requirements, so as to arrange appropriate cover at the most competitive levels of premium, be it in the Greek or International Insurance markets. Our commercial clients include distinguished Shipowning companies, Shipmanagement companies and Banks, etc.

We pride ourselves in having a long-standing history in the Greek marine market and thus have experience in every aspect of marine insurance risks including risks faced by Banks when providing debt-finance to Shipping companies. Our team cater to our clients' day-to-day needs and provide claims handling assistance and consulting whenever required.

Our well-established relationship with large international insurance broking firms ensures the best service for our clientele and thus allowing us the ability to specialize in different types of Marine Insurance.

More specifically, we work closely with Lloyd’s accredited London-based brokers, to place business such as, Marine Hull, Increased Value and War cover in the London market in addition to directly liaising with all IGA P&I Clubs to thereby enter our clients for their Liability requirements. Finally, we also provide more specialized insurances such as Mortgagee’s Interest Insurance (MII) and Mortgagee’s Additional Perils Insurance (MAPI) for Shipping Banks as well as Refund Guaranty Insurance to protect Shipowners’ interests with regards guarantees deposited for Shipbuilding contracts

In addition to the above, we also provide consultation services to Banks active in the Marine Industry. We arrange a full range of marine-related covers as visible in the side bar.