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Old 19-02-2010, 14:49   #1
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Topsailinsurance / GH Insurance - Any Experience with Claims?

Dear fellow cruisers,
Does anyone have experience, 1st or 2nd hand, with Topsailinsurance (also goes under the name of GH Insurance)? They are UK-based, and offer longdistance boat insurance, Atlantic etc.
Did you or a cruising friend ever have a claim with them, and how did it all turn out, did they pay-up and perform satisfactory?
Topsailinsurance are insurance agents, and the actual insurer is RSA (Royal and Sun Insurance) who is a big-time and well consolidated company as I can see on www.
Any input is welcome!
Sincerely Niels
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Old 22-02-2010, 20:31   #2
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Royal & Sun Alliance are rated A by AM Best, so that's good. I have not seen their policy language though, so you will want to read through that. Is it an All Risks and Agreed Value policy? If you want me to take a quick look at it, send it to me by e-mail.

We used to do business with Royal & Sun Alliance a few years ago but they withdrew from the Marine insurance Market when their rating dropped to C. But I believe the UK division is a completely separate entity from the US entity. Below is todays rating on RSA of the UK:


Royal & Sun Alliance Insurance Plc
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(a member of RSA Insurance Group Plc)
A.M. Best #: 086257 AIIN #: AA1121275


Stock Ticker Lahore Stock Exchange LSE RSA.LN
Address: St Mark's Court, Chart Way
Horsham, West Sussex RH12 1XL UNITED KINGDOM


Phone: 44-140-323-2323
Web: Home | RSA


This rating is assigned to companies that have, in our opinion, an excellent ability to meet their ongoing obligations to policyholders.
Best's Ratings
Financial Strength Ratings View Definitions
Rating: A (Excellent)
Financial Size Category: XV ($2 Billion or greater)
Outlook: Stable
Action: Affirmed
Effective Date: January 25, 2010
Issuer Credit Ratings View Definitions
Long-Term: a
Outlook: Stable
Action: Affirmed
Date: January 25, 2010

* Denotes Under Review Ratings. See rating definitions.



Royal & Sun Alliance Insurance Plc
Print this page
(a member of RSA Insurance Group Plc)
A.M. Best #: 086257 AIIN #: AA1121275


Stock Ticker Lahore Stock Exchange LSE RSA.LN
Address: St Mark's Court, Chart Way
Horsham, West Sussex RH12 1XL UNITED KINGDOM


Phone: 44-140-323-2323
Web: Home | RSA


This rating is assigned to companies that have, in our opinion, an excellent ability to meet their ongoing obligations to policyholders.
Best's Ratings
Financial Strength Ratings View Definitions
Rating: A (Excellent)
Financial Size Category: XV ($2 Billion or greater)
Outlook: Stable
Action: Affirmed
Effective Date: January 25, 2010
Issuer Credit Ratings View Definitions
Long-Term: a
Outlook: Stable
Action: Affirmed
Date: January 25, 2010

* Denotes Under Review Ratings. See rating definitions.


Royal & Sun Alliance Insurance Plc
Print this page
(a member of RSA Insurance Group Plc)
A.M. Best #: 086257 AIIN #: AA1121275


Stock Ticker Lahore Stock Exchange LSE RSA.LN
Address: St Mark's Court, Chart Way
Horsham, West Sussex RH12 1XL UNITED KINGDOM


Phone: 44-140-323-2323
Web: Home | RSA


This rating is assigned to companies that have, in our opinion, an excellent ability to meet their ongoing obligations to policyholders.
Best's Ratings
Financial Strength Ratings View Definitions
Rating: A (Excellent)
Financial Size Category: XV ($2 Billion or greater)
Outlook: Stable
Action: Affirmed
Effective Date: January 25, 2010
Issuer Credit Ratings View Definitions
Long-Term: a
Outlook: Stable
Action: Affirmed
Date: January 25, 2010

* Denotes Under Review Ratings. See rating definitions.

Best Regards,
Susan
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IMIS - Int'l Marine Ins Svcs
http://www.MarineInsurance.CC
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