Traditionally Forward
Pioneering
marine insurance
since 1872
We are a leading marine mutual insurer offering a full range of marine insurance
Our head office is in Gothenburg, Sweden, with offices in some of the world’s strategic shipping centers, Athens, Oslo, London, Hong Kong, and Singapore.
Going the extra
nautical mile
We provide top-quality and cost-effective marine insurance solutions and services, all customised for each member’s needs.
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Trade Enabling Loss Prevention (TELP)
Practical, just-in-time guidance in high-risk areas
TELP combines years of claims experience with technology, distributing actionable advice to vessels, helping them safely chart their way through high-risk areas around the globe.
Our latest news
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Houthi forces in Yemen have announced an immediate maritime embargo against Saudi Arabia
Houthi forces in Yemen have announced an immediate maritime embargo against Saudi Arabia, creating a direct threat to Saudi-linked shipping in the Red Sea and amplifying risk for vessels loading at Yanbu. We understand that Houthi forces in Yemen have announced a maritime embargo against Saudi Arabia, effective immediately. According to a statement from a…
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Ceasefire or no ceasefire, the risk in the Strait remains high
On 7 July 2026, the United States Treasury revoked General License X, ending the temporary sanctions relief for Iranian-origin oil, petroleum products and petrochemical products. The move followed reported attacks on commercial tankers in or near the Strait of Hormuz and renewed United States military strikes against Iranian targets. Although the 60-day ceasefire framework agreed in June remains formally relevant, its…
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Somali Piracy Returns: Understanding the Risk and How Your Cover Responds
A threat the industry thought it had retired For nearly a decade, Somali piracy was a managed problem. Coordinated naval operations, the adoption of Best Management Practices, and the widespread use of armed security teams reduced successful hijackings to almost zero, and the Indian Ocean High Risk Area was formally removed in January 2023. That…
Read our
case studies
We widely shares our claims experiences to help the shipping community to understand the factors that can lead to incidents and to learn from the decisions that were made at the time.
Monthly Safety Scenario
