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Old 06-06-2010, 01:06   #1
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Question Marine Insurance

Has any one had dealings with Edward William Marine Services SL
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Old 06-06-2010, 05:01   #2
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Greetings and welcome aboard the CF, June.

Edward William doesn’t have a very high repute.

Edward William Marine Services Insurance - Anyone Use?

Caribbean Hurricane Season Insurance
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Old 07-06-2010, 17:16   #3
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We have represented Edward William and in turn Northern Reef here in Australia for the past eighteen months.
To date all dealings have been compelely professional with policy documents issued on time every time.
We have one claim in the pipe line and so far it is progressing well.
We had another claim that was correctly repuidated as the owner was attempting a rip off after a simple touch and go grounding.
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Old 07-06-2010, 17:58   #4
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Derick,
We were insured by Northern Reef but changed when we could not document where they were legitimately registered with appropriate financial or insurance regulators or where they were re-insured.

Would you be kind enough to supply that information with appropriate commercial ratings that are standard for insurance companies world wide.
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Old 09-06-2010, 18:08   #5
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June,
I just sent you a PM. But Derrick's attitude
Quote:
We had another claim that was correctly repuidated as the owner was attempting a rip off after a simple touch and go grounding
about their insured should just about answer all your questions about their reputation with clients.

If anyone else out there who has questions about ratings and reputations of insurance companies, feel free to send me a PM.

Best Regards,
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Old 09-06-2010, 18:26   #6
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Northern Reef....weren't there a couple of threads here and elsewhere wailing against them?
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Old 10-06-2010, 08:59   #7
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Northern Reef....weren't there a couple of threads here and elsewhere wailing against them?
Indeed.
It appears that Edward William (agent) and Northernreef (re-insurer) may be a scam.
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Old 10-06-2010, 09:25   #8
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A scam?! What, with perfectly executed paperwork? Why, shades of Scott Rothstein (sentenced yesterday to 50 years max) that could involve forgery and counterfeiting too.

I've always thought that in a competitive industry like insurance, it shouldn't be impossible to get similar quotes for similar products from different vendors, and be able to find at least one with good reviews, ratings, or reputation.

Heck, even with auto insurance there are always folks running scams, brokers not remitting premiums, bogus companies...and that's a highly regulated industry in the US.
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Old 10-06-2010, 10:38   #9
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Hmmm.

This got me thinking maybe we better do a little background checking on our own insurance company. Anyone dealt with Markel American out of Glen Allen, VA - underwritten by Anchor Marine out of Seattle, WA?
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Old 10-06-2010, 11:01   #10
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Markel is solid. They underwrite the IMIS jackline policy that is popular with cruising boats. TabbyCat here can provide a lot of information on them.

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Old 11-06-2010, 06:57   #11
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Quote:
Originally Posted by SeaBungalow View Post
This got me thinking maybe we better do a little background checking on our own insurance company. Anyone dealt with Markel American out of Glen Allen, VA - underwritten by Anchor Marine out of Seattle, WA?
Markel's about as good as it gets when it comes to claims. The company has become quite selective about who/what it covers but if you can get a policy, you can rely on the coverage.

FWIW...
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Old 11-06-2010, 17:01   #12
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Question Derick Warne

Derick, I am really nervous insuring with Edward Willaim/Nothern Reef. How many policies have you signed up in Australia and how many claims have there been. You mention 2. I am beginning to think this could be a scam, please prove me wrong. I need to insure my boat but need a reputable company to take my money.
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Old 12-06-2010, 08:28   #13
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Indeed.
It appears that Edward William (agent) and Northernreef (re-insurer) may be a scam.
But, if you must:

Derick Warne (DG Marine)

11 Lady Barlow Crt
Patterson Lakes
Victoria
3937
Australia

Telephone: +61 3 9772 1451
Mobile Phone Number: +61 4 3856 3164
Email: DG Marine

Boat Insurance Seven Days a Week | Yacht & Boat
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Old 04-03-2011, 08:51   #14
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Re: Marine Insurance

Along this same line, has anyone had experience with Chartis/Mariners/Global Marine?
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Old 09-05-2011, 15:54   #15
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Re: Marine Insurance

Can someone tell me who the underwiters are for Edward Willaim/Nothern Reef insurance?
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