21 October 2012

Pantaenius Opens New Office in Sydney, Australia

15 October 2012 - Europe’s market leader PANTAENIUS Sail and Motor Yacht Insurance has opened a new office in Australia. James MacPhail will be the Managing Director of the new Pantaenius office in Sydney. 

MacPhail: “Owners expect an insurance cover to be complete and have no hidden or ambiguous clauses. Such clauses include e. g. an Agreed Fixed Value. Pantaenius is well-known for its fixed value policy that has set new standards in the water sports sector. We agree a fixed sum insured, which is reimbursed in full for total loss, rather than the current market value as is the case with many other yacht insurers. Furthermore, our clients can expect to be supported in the unfortunate event of a claim and to receive payment as soon as the claim is properly verified.” 

Pantaenius has been insuring yachts, and resolving their claims, around the world for more than 30 years. Over the years, Pantaenius has built up a formidable network of agents, surveyors and repairers. With over 70,000 yacht owners trusting Pantaenius for their insurance, the company is the largest yacht insurance provider in Europe and a remarkable market player worldwide. The international teams in the United Kingdom, Mediterranean, Scandinavia, Austria and America provide local advice and service in several national languages. In 2012 Pantaenius extended its international network of offices by establishing a new branch in Australia. 

Source: Pantaenius