marine claims handling

Marine claims handling involves the process of managing and resolving claims related to marine insurance, which covers risks associated with ships, cargo, and marine operations. When a loss occurs—such as damage to a vessel, cargo theft, or accidents—policyholders submit claims to their insurance provider. The insurer then investigates the situation, assesses the validity of the claim, and determines compensation based on the policy terms. Effective marine claims handling ensures prompt and fair resolution, protecting the interests of all parties involved while minimizing financial losses in the maritime industry.