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06-06-2010, 01:06
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#1
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Registered User
Join Date: Jun 2010
Posts: 2
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Marine Insurance
Has any one had dealings with Edward William Marine Services SL
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06-06-2010, 05:01
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#2
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Senior Cruiser
Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 51,355
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__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"
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07-06-2010, 17:16
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#3
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Registered User
Join Date: Jun 2010
Location: Currimundi
Boat: Farr7500
Posts: 16
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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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07-06-2010, 17:58
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#4
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Registered User
Join Date: Nov 2008
Location: Miami
Boat: Boatless
Posts: 1,580
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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.
__________________
Phil
"Remember, experience only means that you screw-up less often."
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09-06-2010, 18:08
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#5
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Marine Service Provider
Join Date: Jul 2007
Location: still cruising after 18 years
Boat: MaineCat Catamaran 41'
Posts: 547
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June,
I just sent you a PM. But Derrick's attitude
Quote:
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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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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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09-06-2010, 18:26
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#6
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֍֎֍֎֍֎֍֎֍֎
Join Date: Apr 2006
Posts: 15,136
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Northern Reef....weren't there a couple of threads here and elsewhere wailing against them?
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10-06-2010, 08:59
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#7
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Senior Cruiser
Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 51,355
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Quote:
Originally Posted by hellosailor
Northern Reef....weren't there a couple of threads here and elsewhere wailing against them?
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Indeed.
It appears that Edward William (agent) and Northernreef (re-insurer) may be a scam.
__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"
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10-06-2010, 09:25
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#8
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֍֎֍֎֍֎֍֎֍֎
Join Date: Apr 2006
Posts: 15,136
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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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10-06-2010, 10:38
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#9
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Registered User
Join Date: Nov 2009
Location: Where ever the boat is
Boat: Tartan 37 - Sea Bungalow
Posts: 34
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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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10-06-2010, 11:01
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#10
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Registered User
Join Date: Oct 2005
Location: Presently on US East Coast
Boat: Manta 40 "Reach"
Posts: 10,110
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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.
Mark
__________________
www.svreach.com
You do not need a parachute to skydive. You only need a parachute to skydive twice.
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11-06-2010, 06:57
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#11
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Registered User
Join Date: Mar 2006
Location: Tampa Bay area, USA
Boat: Beneteau First 42
Posts: 3,961
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Quote:
Originally Posted by SeaBungalow
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...
__________________
"It is not so much for its beauty that the Sea makes a claim upon men's hearts, as for that subtle something, that quality of air, that emanation from the waves, that so wonderfully renews a weary spirit."
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11-06-2010, 17:01
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#12
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Registered User
Join Date: Jun 2010
Posts: 2
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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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12-06-2010, 08:28
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#13
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Senior Cruiser
Join Date: Mar 2003
Location: Thunder Bay, Ontario - 48-29N x 89-20W
Boat: (Cruiser Living On Dirt)
Posts: 51,355
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Quote:
Originally Posted by GordMay
Indeed.
It appears that Edward William (agent) and Northernreef (re-insurer) may be a scam.
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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
__________________
Gord May
"If you didn't have the time or money to do it right in the first place, when will you get the time/$ to fix it?"
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04-03-2011, 08:51
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#14
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Registered User
Join Date: Feb 2011
Posts: 10
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Re: Marine Insurance
Along this same line, has anyone had experience with Chartis/Mariners/Global Marine?
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09-05-2011, 15:54
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#15
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Registered User
Join Date: Jul 2008
Location: Australia
Boat: Amel Super Maramu
Posts: 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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