Van AalstPort of StocktonSailors SocietyCleveland Cascades LtdBühler GmbHVigan
  • Multimodal 2022
  • Telestack
  • Bühler GmbH
  • Cimbria
  • Cleveland Cascades Ltd
  • TBA Group

Maritime Cyber Insurance Partnership launched

(Posted on 21/07/19)

Leading marine underwriter Lampe & Schwartze has joined the advisory board of the Maritime Cyber Emergency Response Team (MCERT). The announcement took place at a reception for insurance brokers and vessel operators hosted by Lampe & Schwartze at the Hafen Club in Hamburg. Guest speakers included Norton Rose Fulbright, Verein Hanseatischer Transportversicherer (VHT), and from the MCERT, Wärtsilä and Templar Executives.

The MCERT partnership underpins the formal launch of Lampe & Schwartze Marine Unit’s (L&S MU) new Ship Owner’s Marine Cyber Cover (SOMCC) covering exclusion Clause 380, and provides the basis for a joint approach to protect the maritime industry, especially shipowners, from cyber-attacks. MCERT is one of the first companies providing a trusted platform for industry wide collaboration on cyber incident reporting and response and sharing of threat intel, especially for the maritime sector.

‘We are delighted to welcome Lampe & Schwartze onto our Advisory Board. This is the culmination of months working together to incorporate MCERT as an integral part of the process for the cyber cover eligibility,’ said Andrew Fitzmaurice, CEO at Templar Executives.

Mark Milford, VP Cyber Security at Wärtsilä added, ‘This exciting partnership with Lampe & Schwartze brings a new dimension and is a great example of how the MCERT is enabling collaboration and adopting solutions by leading industry players for the industry.’

Anu Khurmi who has been leading the MCERT collaboration with Lampe and Schwartze commented, ‘‘At a time when digitisation and automation are shaping the future of the maritime industry, the spectre of cyber attacks is becoming ever more prominent. Marine insurance has a critical role in facilitating and safeguarding international maritime trade especially if it enables best practices in cyber hygiene and resilience throughout the entire ecosystem. Lampe & Schwartze are leading experts in complex transport and maritime risks, providing highly specialised insurance concepts such as their ground-breaking SOMCC offering’.

‘Our Ship Owner’s Marine Cyber Cover provides certainty in scope of insurance cover and is a standalone insurance policy covering the exclusions of the clause 380 in hull & machinery policies. Our exciting partnership with MCERT will provide international cyber incident reporting and response and ensure due diligence on vessel operators taking out the SOMCC. In addition, the MCERT has a key role in providing daily alerts and global threat intel which will further help in loss prevention and cyber risk mitigations.’ stated Hans-Christoph Enge, Managing Partner of L&S MU.

In case of a claim or incident, a co-operation between the MCERT and Verein Hanseatischer Transportversicherer (VHT), the tried and tested Hull & Machinery Claims Organization of the German Market, will guarantee a combination of technical, nautical and cyber security know-how thus giving a holistic 24/7 response line. The insurance capacity for the cover is provided by renowned German direct insurer and reinsurers.

Latest News

Salvage training could save time and costs

(Posted on 26/06/22)

Introducing a basic ship salvage module into professional seafarers’ training courses and qualifications... Read more


OTG deploys digital software delivery for faster updates for clients

(Posted on 26/06/22)

Ocean Technologies Group (OTG) has developed a new Digital Delivery framework to increase infrastructure... Read more


DNV report: Hydrogen at risk of being the great missed opportunity

(Posted on 20/06/22)

Hydrogen has a crucial role in decarbonizing the world’s energy system, but uptake will be too... Read more


Aurus and Columbia join forces as ‘Columbia Aurus Ship Management’ India

(Posted on 20/06/22)

Columbia Aurus Ship Management will tap into the Indian crewing market to further consolidate Columbia... Read more


Governments must share emissions target load, warns INTERCARGO

(Posted on 12/06/22)

It would be a mistake to place responsibility for meeting IMO’s zero emission shipping targets... Read more


New BV partnership to advance augmented ship services

(Posted on 12/06/22)

Bureau Veritas (BV), one of the world’s leading ship classification societies, Laskaridis Shipping... Read more


Plakiotakis: financing decarbonisation needs creative solutions

(Posted on 08/06/22)

Shipping is required to face the complex challenges placed by the progressively stricter IMO and EU... Read more


AXSMarine selected for provision of training software

(Posted on 08/06/22)

 AXSMarine, a leading provider of SaaS shipping software and data for Dry Bulk, Tanker, and Container... Read more


CSM takes vessel twinning to new level

(Posted on 08/06/22)

Columbia Shipmanagement (CSM) has once again pushed industry boundaries by creating a totally SMART... Read more


StormGeo announces CII Simulator to advance shipping decarbonization

(Posted on 03/06/22)

StormGeo, a leading provider of weather intelligence and decision-support solutions for the shipping... Read more


Port of South LouisianaMultimodal 2022TBA GroupTOC EventsTelestackCimbria
  • Port of Stockton

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping