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Global Rail Liability Insurance Facility

Marsh has developed a Global Rail Liability Insurance Facility placed in London and supported by leading rail insurers, to underwrite Primary and Excess Liability for rail risks.

Facility profile

The London insurance market has become a centre for rail risks globally, with significant capacity available and considerable underwriting expertise within the insurers. Marsh has developed a Global Rail Liability Insurance Facility placed in London and supported by leading rail insurers, to underwrite Primary and Excess Liability for rail risks.

Key features of facility

  • Global territorial appetite (other than USA) across the rail industry, for both primary and excess layer business.
  • Tailored broad form coverage via the Marsh Rail Facility Policy wording.
  • Competitive pricing from some of the market leading insurers.
  • Substantial capacity of over US$500 million.
  • Access to strong financial security.
  • Pre-agreed claims protocols.
  • Rail expertise via the dedicated Marsh Global Rail Practice.
  • Flexible long-term policies including low/no claims discounts or risk management bursaries.
  • Terrorism — ability to provide silent (no exclusion) or affirmative cover.
  • Benchmarking information available showing trends in programme limits/retentions. Analysed by geography and type of rail operation.
  • Extension options — Environmental Liability Cover, Enhanced Railway Inquiry Costs Cover, Electromagnetic Field Cover, and Drones Cover.

This facility will be attractive to a wide variety of companies operating in the rail sector.

Download our brochure to learn more.

“Marsh Pty Ltd (ABN 86 004 651 512, AFSL 238983) (“Marsh”) arrange this insurance and is not the insurer. The Discretionary Trust Arrangement is issued by the Trustee, JLT Group Services Pty Ltd (ABN 26 004 485 214, AFSL 417964) (“JGS”). JGS is part of the Marsh group of companies. Any advice in relation to the Discretionary Trust Arrangement is provided by JLT Risk Solutions Pty Ltd (ABN 69 009 098 864, AFSL 226827) which is a related entity of Marsh. The cover provided by the Discretionary Trust Arrangement is subject to the Trustee’s discretion and/or the relevant policy terms, conditions and exclusions. This website contains general information, does not take into account your individual objectives, financial situation or needs and may not suit your personal circumstances. For full details of the terms, conditions and limitations of the covers and before making any decision about whether to acquire a product, refer to the specific policy wordings and/or Product Disclosure Statements available from JLT Risk Solutions on request. Full information can be found in the JLT Risk Solutions Financial Services Guide.”