Navigate Underwriting Managers (Pty) Ltd
Navigate Underwriting Managers (Pty) Ltd is an underwriting management agency for Mutual and Federal Risk Financing, which specialises in the provision of watercraft insurance in both local and international waters. Our aim is to provide a superior underwriting facility to intermediaries backed with dedicated service levels, market leading product management and innovation secured through one of the largest international insurers and reinsurers. Navigate concentrates on this niche product by offering a tailor-made solution but with the traditional policy wording and values.
We have a dedicated and experienced team with compatible and effective technologically advanced insurance and operational systems. Our experience in this class of business is cumulatively in excess of 30 years, and in addition are passionate boaters. Navigate are currently writing and managing one of the largest watercraft books in the country and extremely strong growth is projected over the next few years. Navigate has the ability and facilities to take on existing books of business as well as individual policies through intermediaries in the industry, who are in need of a specialised watercraft offering. Usually watercraft or small craft is perceived as accommodation type business and therefore is not focused on, and often not managed and underwritten correctly.
Navigate aims to provide a high in demand specialist insurance cover to the existing broker base that has shown sustainability over a long period. The Navigate policy wording is one the most comprehensive in the market, and our rating is highly competitive, offering unique covers and costing not readily available by other Insurer’s in the market. We have huge capacities available through our treaties for individual risks as well as extended liability offerings to R10 million.
From Motor & Sailing Yachts to Small Inflatable's Navigate have the correct covers to meet the requirements of your clients. Our covers extend to provide cover for All Risk Specified Sporting Equipment, Accessories and Electronic Equipment, as well as Personal Accident, Medical Expenses, and Across Border Repatriation Costs. In addition Navigate cater for not only private & pleasure-use craft but also, Commercial Small Craft, Charter, Boat Builders Risks, and Own Hull Delivery Voyages.
Navigate understands the high service level demands placed on brokers by the changing legislation governing our industry. We therefore strive to ensure our support, class specific skills, experience, resources, product and service enable our brokers to deliver to their clients every time to the satisfaction of all parties.
We are committed to offering you a facility for efficient and easy placements, diligent underwriting and specialised in-house claim handling. Our claim settlements are handled through a network of industry specific assessor’s, repairers and product suppliers.
We look forward to working with you in the near future.