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175545573Many people in the insurance industry work hard to avoid the bad reputation that insurance typically carries. However, people often jump to negative conclusions about anything involving insurance. Time and time again, we come across people who have the wrong idea of what an insurance broker is and why they are actually advantageous to the consumer. We have heard they are a waste of time, waste of money, and only care about making their commission. Being a dedicated group of insurance brokers, we can tell you that those descriptions are often false! Everyone is entitled to their own opinion, but when we hear information that is incorrect, it encourages us to step in. Do you know what an insurance broker does?

If you know the answer to, then you are already aware of all the benefits of using an insurance broker. If not, learn why you should be using one. Take the time to find a quality, reputable broker to work with you in fulfilling your insurance needs. Not only will it be time well spent in the beginning, but it will also serve you well for the entire time that you have insurance needs, whether you are working on a yacht or wherever your travels may take you.

Brokers Can Offer More of a Selection

One benefit of an insurance broker is the selection of policies and plans. Typically, brokers can help you select insurance from a variety of different companies. Different insurance companies offer different plans, so having access to plans from multiple companies can afford you the opportunity to find the coverage that fits you best.

Also, depending on the insurance brokerage they may sell different types of insurance, allowing you to have a one stop solution for all your insurance needs.

Brokers Do Much More Than Sell Insurance

While brokers may act as the middle man between you and the insurance company, they can be so much more than that. An insurance broker will conduct research for you, file and assist you with the claims process, and work to get you the best coverage option for your situation. Often times a broker has direct connections with decision makers at the insurance companies so you may not have to sit on a 1-800 line for a long time, only to learn someone doesn’t have the authority to help you. Brokers also know which carriers provide consistent service, allowing you to avoid companies that may not deliver the level of care that you deserve at time of claim.

We Work for You

As brokers, we do not work for any insurance company, we work for you! Our goals are to please you, and make sure all you questions and concerns are handled. If you think about it, with all the benefits of using an insurance broker, it is certainly better than just going out and buying a policy from an insurance agent. Will an agent fight for you and your best interests?

Having proper insurance is important in every aspect of life. Whether you are at sea needing international coverage, looking for proper life insurance coverage, going on a vacation, etc. MHG is your specialized broker. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing, or have any questions about marine crew insurance, travel insurance, U.S. life and health, expatriate insurance, or property and casualty, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com. For more information on debunking insurance broker myths, read our previous blog, “Debunking 5 Myths About Insurance Brokers”.

Everyone is entitled to their own opinion, but when we hear information that is incorrect, it encourages us to step in. Do you know what an insurance broker does?

542325850The Fort Lauderdale International Boat Show is the biggest boat show in the world, and attended by everyone who is anyone in the yachting industry. With the Show being just a couple weeks away, people have already begun to arrive in Fort Lauderdale and starting to set up for the event. It’s almost here which means it’s time to start planning what you are going to do for the show.

It’s no secret that one of the highlights of any boat show is getting to see some amazing yachts up close and personal. This is even more so at FLIBS which takes place in the yachting capital of the world! While you may not be able to go on-board these vessels, getting to see them in person can give you a new appreciation of the size of these boats, and offer a new respect for the entire crew that it takes to keep everything running in check. Below is a list of some of the top yachts, and our personal favorites, that are expected to be at the 57th Fort Lauderdale International Boat Show which takes place November 3-7, 2016. It should be noted that it is common for yachts to change plans at the last minute, so there is a possibility that some of these vessels may decide not to attend the boat show. Therefore, this list may not be 100% accurate at the time of the show.

“Kisses”

This 175-foot motor yacht was built in 2000 by Feadship. This vessel also went through a refit in 2014, and can accommodate up to 11 guests in 5 cabins. See her at The Sails Marine 206 - Sails #4 where she will be exhibited by Burgess, whose headquarters are in New York.

“Huntress”

“Huntress” was built by Feadship and her exhibitor is Merle Wood & Assoc. who are headquartered in Fort Lauderdale. The location of this 180-foot mega yacht will be HOF FD 32-35, 34A, 32A, 33A.

“Just J’s”

This Hakvoort mega yacht was custom built in 2016, and is the largest Hakvoort yacht built to date. This vessel measures in a 200 feet, has 5 decks, and can accommodate up to 16 people! You can find her at HOF FD 22A, 27.

“Party Girl”

“Party Girl” was built by Icon in 2010 and measures out to be 205 feet long. This super yacht can accommodate 12 guest and 16 crew members. She will be exhibited by Norhtrop & Johnson whose headquarters are in Fort Lauderdale. See her at HOF FD 34-47.

“Apogee”

Last but not least on our must-see list is “Apogee”. The 205 foot “Apogee” was built in 2003 by Codecasa. See her at HOF FD 32-35, 34A, 32A, 33A where she will be exhibited by Merle Wood & Assoc.

Make sure to be on the look-out for the MHG Team as they will be at the Fort Lauderdale International Boat Show helping anyone who has questions regarding their crew insurance!

If you are in Fort Lauderdale for the Show and are looking for something to do, read out previous blog, “10 Things to do in Fort Lauderdale While in Town for FLIBS”. Our Insurance Specialists have the knowledge and experience to offer advice or help select the best insurance plan for your needs. Whether you are in need of travel insurance, yacht crew insurance, or life insurance, visit mhginsurance.com or call +1 954 828 1819 or +44 (0) 1624 678668 for help in selecting the plan that fits you best. Safe travels!

The Fort Lauderdale International Boat Show is almost here, which means you should be on the lookout for these yachts!

MYSThe Monaco Yacht Show is here and is viewed as one of the year’s most highly anticipated, exclusive trade show events in Yachting. Known for attracting some of the most powerful and wealthy people in the world, along with the top vessels from all over the globe, this year’s show promises to be a showstopper. From the 28th of September to the 1st of October, the Yachting industry will gather at Port Hercules.

It’s no secret that one of the highlights of any boat show is to see some of the mega-yachts up close and personal. While you may not be able to go onboard, you can still appreciate how amazing some of these vessels are in both size and amenities. So if you are attending the show here are the top yachts to see! It should be noted that it is common for yachts to change plans at the last minute, so there is a possibility that some of these vessels may decide not to attend the boat show.

“OKTO”

“Okto” was built by ISA Yachts in 2014 and measures in at over 66m. This mega-yacht can accommodate up to 11 guests and 17 crew members. See her at T CENTRAL T41 where she will be displayed by Moran Yacht & Ship.

“MARTHA ANN”

This vessel measures in just over 70m, and was built by Lurssen in 2008. This yacht offers the amenities of a five-star hotel, including a gm, endless pool, and a movie theater. She offers 7 luxurious staterooms that can accommodate up to 18 guests and a crew of 15 people. See her at QUIA RAINIER IER R03 where she will be displayed by IYC.

“GALACTICA SUPERNOVA”

This vessel was built by Heesen Yachts in 2016 and is the largest Heesen to date measuring at just over 70m. She has an impressive top speed of 30 kt and combines that with low range and low fuel consumption. See her at QUAI RAINIER IER.

“ENIGMA”

“Enigma” measures in at just under 75m. Built by Blohm & Voss in, this mega-yacht can accommodate 15 guest and 21 crew members. See her at QUIA RAINIER III D03 being displayed by Edmiston & Company.

“BOADICEA”

This beautiful 76.6m mega-yacht was built by Amels in 1999, and received touch ups in 2016. The largest yacht on this list, she offers unique features such as a guest elevator, salon, cinema, and new interior. See her at QUAI RAINIER IER R04 being displayed by Fraser Yachts.

“CORAL OCEAN”

“Coral Ocean” was formerly “Coral Island” and is one of the first masterpieces of the late interior designer, Jon Bannenberg. This vessel was built in 1994 by Lurssen and has only been used privately. There are 21 cabins onboard to accommodate 12 guests and 27 crew members. See her at T CENTRAL T05 being displayed by Lurseen.

Make sure to be on the look-out for the MHG Team as they will be at the Monaco Yacht Show, helping anyone who has questions regarding their crew insurance!

If you are in Monaco for the Show and are looking for something to do, read out previous blog, “5 Things You Must Do While in Monaco”. Our Insurance Specialists have the knowledge and experience to offer advice or help select the best insurance plan for your needs. Whether you are in need of travel insurance, yacht crew insurance, or life insurance, visit mhginsurance.com or call +1 954 828 1819 or +44 (0) 1624 678668 for help in selecting the plan that fits you best. Safe travels!

The Monaco Yacht Show is almost here! Be on the lookout for some of these megayachts.

cautionAs insurance brokers, our number one priority is to look after you, the client. Our focus is making sure you have the coverage you need, that you are taken care of, and we are ready to fight for you regarding any claims or issues you are experiencing. Since we have your best interests in mind, it is troubling when we come across other insurance brokers and agents claiming to offer MLC compliant health insurance policies, because actually there is no such thing. It is prudent to have health insurance, but there is no rule in MLC requiring you to do so. Let me explain.

What is MLC?

MLC stands for Maritime Labour Convention, and is a code that was started in 2006 that helps protect crew members who work onboard ships and other vessels. Basically it is a book of different items that ship Owners are liable for in the operation of their vessel. It was implemented by the International Labour Organization (ILO), and should be followed by all commercial vessels or else face potential fines, detention or even vessel arrest. For more details on MLC, visit ILO.org for more information.

Don’t Believe the Hype

MLC does require ship owners to have some insurance in place (called Financial Security). Insurance like permanent disability, accidental death, and some other non-medical items like repatriation. But, it DOES NOT require ship owners to provide medical insurance! Where things tend to get confusing is that MLC requires ship owners to be liable for medical bills. While we highly recommend you to insure your crew so that you are not liable for the full amount of medical bills, MLC only requires you to cover the bills.

Work with Someone You Can Trust

It’s hard to count on someone that you can’t trust, so why would you leave your medical insurance to someone who does not provide you with accurate information? If a company is advertising MLC compliant insurance, do you think they have the knowledge, experience, and research capabilities to help you? Work with someone you can trust, after all there is a good chance you will be reaching out to this person or company in a time of need or desperation, make sure you can count on them.

What About Private Vessels?

As stated before, MLC is only applicable for commercially operated boats. However, that doesn’t mean you shouldn’t be offering insurance to your crew if you’re a private vessel owner. Any owner would like to attract the best crew possible, and having benefits that protect them could help to secure the best workers.

Having proper insurance is important whether you are at sea, or docked at a shipyard. MHG is your specialized broker when it comes to crew insurance. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing, or have any questions about yacht crew insurance or travel insurance, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com. For more information on preparing to work on a yacht, read our previous blog, “Yacht Crew Insurance Terms 101”.

There is no such thing as "MLC compliant" medical insurance, and here's why.

broker brokerIt seems as if every day we hear myths regarding insurance brokers. We often find ourselves debunking false statements and explaining to clients that they received inaccurate information. Sometimes, people or products get a bad reputation that is unwarranted, for whatever reason. So here are five common myths that may have given the term insurance brokers a bad name.

1. “Insurance brokers are more expensive”

Have you ever heard the saying, “brokers make you broker”? That saying could not be further from the truth. In contrast, working with a broker can actually save clients both time and money, in addition to frustration. Insurance brokers receive their compensation from insurers, but that does not (or should not) cloud the judgment of a good broker to recommend whatever policy is most appropriate to the situation as presented by you, the client.

2. “Insurance brokers work for the insurance company”

There are a lot of people who think that insurance brokers work for the insurance company, however again that is not correct. A broker advocates and works on your behalf. Basically, they work for you! Yes, they work with the insurance company in order to deliver proper coverage to people, however their concern should always be their clients.

3. “Insurance brokers are just a middle man”

While brokers may act as the middle man between you and the insurance company, they are so much more than just a middle man. In many cases, an insurance broker will conduct research for you, file and assist you with claims through the entire process, and work to get you the best coverage option for your situation. Often times a broker has direct connections with decision makers at insurance companies so you don’t have to sit on a 1-800 line for 20 minutes to talk to someone that doesn’t have the authority to help you.

4. “Insurance brokers can’t offer the best plans”

Insurance brokers can offer the same plans that an insurance company does, for the same premium as going straight to the insurance company. In fact, going through an insurance broker shouldy give you more value for your dollar simply because of all the added benefits that an insurance broker will perform for you.

5. “Insurance brokers aren’t as knowledgeable”

Insurance brokers are very knowledgeable. They spend all day, every day dealing with insurance. They know the industry, they live and breathe insurance, and they understand all the confusing terminology and phrases, which hopefully they can explain to you in a straightforward, no nonsense way. They also know the insurers, and the people who work there, which is a significant advantage over you calling a toll-free number and hoping for the best.

Having proper insurance is important whether you are at sea, or docked at a shipyard. MHG is your specialized broker when it comes to crew insurance. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing, or have any questions about yacht crew insurance or travel insurance, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com. For more information on preparing to work on a yacht, read our previous blog, “Yacht Crew Insurance Terms 101”.

Sometimes, people or products get a bad reputation that is unwarranted, for whatever reason. Insurance brokers are one of them, read more.

2jpgChoosing insurance for your crew could be a more complicated job than you originally imagined. There is a lot of research to be done, quotes to be reviewed, and conversations to be had when deciding on what the best insurance options are for your crew. After all, crew insurance is not crew insurance, there is not one solution for all. That may not make much sense, but let me explain.

Having your yacht crew covered with proper insurance goes more in depth than having just one kind of insurance, or trying to pick the best option between two policies. There are several different policies that you should consider if you are the decision maker. Whether you are a yacht Owner, yacht Captain, or the person who has been delegated the responsibility of selecting the insurance for everyone on board, we are here to help!

Medical/Health Insurance

Medical insurance can speak for itself. Many of us are familiar with it because of the amount of times that we use it. However, there are many different aspects of a plan to consider. What’s the total deductible? Is there a co-pay? What about co-insurance? Does it include dental and vision? If you feel overwhelmed, please feel free to contact us for assistance and guidance on what plan would fit your yacht crew best.

Life insurance

While having life insurance is a personal option, there are yachts that include life insurance coverage as part of their benefits package. Offering coverage for your crew may give them some assurance that if anything happens to them while they are at sea, their loved ones will be more able to cope financially back home. Typically, the coverage amount is fixed in increments of $10,000, up to $100,000.

Accidental Death and Dismemberment

Accidental death and dismemberment, also known as AD&D, is very similar to life insurance. The difference is that there is only a benefit from an accidental death, or significant dismembering injury. This type of insurance typically provides coverage 24/7, not just while at work.

Personal Accident

Personal accident is a crucial insurance policy for your crew members. Often times referred to as PA cover, personal accident insurance will pay out a sum of money for permanent injury (and sometimes permanent illness). It is often confused with medical insurance, however it doesn’t provide coverage for any medical bills or doctors’ appointments, it simply provides a one-time payment after experiencing a permanent injury.

Disability Insurance

Disability insurance is a great way to offer coverage for your crew in the event they get hurt and can’t work for a short period of time. Having this policy will cover a percentage of the person’s wages if they are unable to perform their occupation and can last for up to two years or more due to an injury or illness. If the disabling event becomes permanent, the personal accident (if purchased as above) may kick-in and pay a lump sum. 

Hospital Indemnity

Hospital indemnity insurance at first glance would make you think that it covers hospital visits, however that is not the case. Think of this type of insurance as a poor man’s disability insurance. Depending on the policy, it provides a benefit each day your crew member is in the hospital. For example, if someone was hurt on the job and had to go to the hospital, the insurance would pay that person $100 per day that they are admitted in the hospital. This doesn’t cover their hospital bills, it just provides the person with an added benefit.

Features That Are Not Features

While the above list is not exhaustive of every option and feature, one thing to note is that some insurance providers tout features that do not hold true. For example, there is no such thing as a Maritime Labour Convention (MLC) compliant yacht crew insurance. It sounds good, but it means nothing. Another thing to be wary of is a plan that says ‘unlimited coverage’. Almost always with international policies, there are restrictions and limitations on the benefits such that the ‘unlimited’ part is actually quite ‘limited’.

Having proper insurance is important whether you are at sea, or docked at a shipyard. MHG is your specialized broker when it comes to crew insurance. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing, or have any questions about yacht crew insurance or travel insurance, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online atmhginsurance.com. For more information on preparing to work on a yacht, read our previous blog, “Yacht Crew Insurance Terms 101”.

Whether you are a yacht Owner, yacht Captain, or the person who has been delegated the responsibility of selecting the insurance for everyone on board, we are here to help!

iStock_000086916863_LargeDo you have a trip planned this summer? Are you traveling to the tropics to kick your feet up on a beach somewhere with an umbrella in your drink?

Nothing beats a relaxing summer vacation to recharge you for the second half of the year. Depending on where you are going, there are some things that you need to be aware regarding the Zika Virus. The Zika Virus is a mosquito borne illness that is making headlines in the news all over the world. Since mosquitoes are most prevalent in warm tropical areas, you should be prepared and take any necessary precautions if you are traveling to or live in ones of the areas. It should also be noted, this virus is a mosquito borne illness but just because mosquitoes are in warmer areas, doesn’t mean those who live far away from the tropics can’t be at risk too.

The CDC has issued an alert for those who are traveling to areas where the Zika virus is spreading. Click here for more information.

Prevention

Pack proper repellant! There are several different steps you can take to protect yourself from being bitten by a mosquito. Some steps include using insect repellant sprays, wearing long sleeves and pants, using bug screens on windows and doors, sleeping under a mosquito bed net, etc. There are even children’s clothes with bug repellant in them.

For those already infected, the virus can be found in the blood and can be passed onto mosquitos who aren’t carrying the virus.

The Zika Virus can also be spread during intercourse by an infected male to his partner(s). Practice safe sex, as it is not known how long the virus can stay in the semen of men who have had the virus, although it is known that it can stay longer than in blood.

Symptoms

Common symptoms of the Zika Virus include fever, rash, joint pain, and conjunctivitis. Symptoms tend to remain mild, lasting several days to a couple of weeks, which is a reason many may not realize they are infected with the virus. This is a problem because becoming infected with the disease while pregnant can lead to serious birth defects including microcephaly.

Treatment

There is no vaccine or specific treatment. Focus on treating the symptoms such as getting rest, prevent dehydration, and taking acetaminophen for fever and pain. Aspirin and non-steroidal anti-inflammatory drugs (NSAIDs) should not be taken due to risk of bleeding.

Don’t Leave Without Coverage

Getting sick or needing medical treatment while you are abroad is a situation which no one wants to find themselves. However, having travel insurance can alleviate any stress about costs, what steps to take, and what doctors you can trust. Our insurance specialists can assist you in finding the proper coverage you and your family may need for your trip.

For more help when traveling overseas, read our previous blog, “Tips for Traveling Abroad.” We wish you safe travels along your journey. If you are interested in purchasing travel insurance, or have any questions or concerns, please contact us at +1 954 828 1819 or +44 (0)1624 678668 or visit us at mhginsurance.com. Our insurance brokers have the experience to assist you in selecting the right plan for you, with the best value.

The CDC has issued an alert for those who are traveling to areas where the Zika virus is spreading. Read more.

1Having employer based benefits is important. Not all companies have them in today’s world, so if you are someone who’s fortunate enough to receive benefits offered by your employer, count your blessings. However, even if you receive benefits, you may not have sufficient coverage. There are several different scenarios where you can find yourself needing additional coverage.

While employer based benefits are important, it may not be the best idea to fully rely on your employer to provide all of the benefits and coverage you need. What if you were to lose your job? Or maybe your company is having to make some budget cuts, and happen to cut the amount of benefits you receive. One of those benefits is disability insurance. For those that don’t know, disability insurance is a great way for your employer to give you and your family the coverage you need in the event you develop an illness or sustain an injury and are unable to work.

Coverage Options

Different coverage options for disability insurance can range from the length of coverage, to the amount of coverage you may need. A short term plan will usually provide coverage for up to two years, while a long term plan should provide coverage from anywhere after two years until retirement age, depending on the plan.

Can’t Work Due to Injury

There are several reasons you should consider disability insurance coverage. One of the main scenarios that would call for an individual disability plan is in the event your employer doesn’t offer a plan. What if you were doing some gardening one weekend and hurt your back? If the injury keeps you from being able to do your job, your company may not be willing to pay your salary while you recover, leaving you without a wage. Having an individual disability plan would provide you with a way to receive a wage in order to pay your bills and support your family.

Employer Stops Benefits

It’s no secret that the past several years have been tough on businesses. The recession forced companies to make some tough decisions. Many people lost their jobs, and many that were fortunate to keep their jobs may have lost some of their benefits due to budget cuts. In the event that your company decides to reduce your benefits, you may be left needing coverage!

Not Enough Coverage

It’s important to know whether your employer offers a short-term or long-term disability insurance plan. If your company offers short-term disability insurance, you may want to think about purchasing a long-term disability insurance plan in case you are unable to work for two or more years. If your company offers long-term disability insurance, you may want to think about purchasing a short-term disability insurance plan to give yourself coverage until the long term coverage kicks in.

It’s also important to note that disability insurance often doesn’t fully match your existing wage. Typically, employer based disability insurance will provide you with 66% of your normal wage, while supplemental disability should cover the remaining percentage. So in order to fully cover your wage amount, you may want to obtain both.

Are you interested in purchasing disability insurance? Would you like some more information regarding options that are available to you? Would you like to ask some questions to an insurance expert? If the answer to any of these questions is yes, please contact us 954-828-1819 or visit us online at mhginsurance.com and talk to one of our insurance specialists for help in selecting disability insurance and other coverage to ensure that you and your loved ones have the protection you need at every stage of life. There are many things to take into consideration when making the decision of which type of policy is best for you, your family, or loved ones. For help trying to figure out which policy is best for you, read our previous blog, “What You Need to Know About Company Sponsored Insurance Benefits”.

What if you were doing some gardening one weekend and hurt your back, keeping you from being able to work?

Close up of senior man shaking hands with insurance agent.Have you ever heard the saying, “brokers make you broker”?

Brokers and insurance companies tend to have a bad reputation. Some people immediately have negative thoughts whether they are warranted or not. In fact, when we ask someone if they know what an insurance broker is or what they do, we receive all kinds of answers, most of them being negative. It’s time to improve on the perception of an insurance broker.

Take the time to find a quality, reputable broker to work with you in fulfilling your insurance needs. Not only will it be time well spent in the beginning when finding a plan, but it will also serve you well for the entire time that you have private health insurance needs, on a yacht or wherever your travels may take you.

Common Misconceptions

Insurance brokers aren’t evil, in fact they are quite helpful. It is a common misconception that brokers work for insurance companies, however that couldn’t be further from the truth. As insurance brokers, we work for you, the people!

It is also incorrect that working through an insurance broker costs the client more money. In contrast, working with a broker can actually save clients both time and money, in addition to frustration. Insurance brokers receive their compensation from insurers, but that does not (or should not) cloud the judgement of a good broker to recommend whatever policy is most appropriate to the situation as presented by you, the client.

Who Can Benefit?

Everyone who works on board a private or charter yacht that is travelling internationally should have private health insurance. Whether health insurance is provided by the vessel owner, or is purchased by each crew member individually, each person needs protection from a potential financial disaster caused by an unexpected illness or accident. The challenge is that it can be quite a task to sort through all of the options allowing you to determine what plan is best suited for your needs, or the needs of your group. This is where an insurance broker can be an invaluable source of information, and most importantly a helping hand.

So What Does a Broker Actually Do That You Cannot Do Yourselves?

First, they spend all day, every day dealing with insurance. They know the insurance industry, they live and breathe insurance, and they understand all the confusing terminology and phrases, which hopefully they can explain to you in a straightforward, no nonsense way. They also know the insurers, and the people who work there, which is a significant advantage over you calling a toll-free number and hoping for the best.

Second, insurance brokers evaluate and research the marketplace on a regular basis. A reputable broker knows the dynamics of the health insurance industry, what the headlines are, what is no longer relevant and which carriers provide consistent service. Nothing is more frustrating than finding an insurance plan that fits your needs, only to realize at time of claim that the company does not deliver.

Finally, a broker advocates and works on your behalf. If and when a situation arises where a shore-side helping hand is needed you can turn to your broker for assistance leaving you to continue to concentrate on your employment at sea.

How Do You know if a Broker is Reputable?

Word of mouth is the best form of marketing for a business, as well as the best form of research for a customer. There is no better way to find something than by asking someone you trust who has experience with your issues or concerns. This is also the case when finding a good insurance broker. Generally though, you want to look for a broker with experience and longevity in the health insurance business and one who certainly should be able to provide references. It is also important that the broker is specialized and experienced in the yacht crew area as it is quite different from the typical expat insurance market.

Having proper insurance is important whether you are at sea, or docked at a shipyard. MHG is your specialized broker when it comes to crew insurance. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing, or have any questions about yacht crew insurance or travel insurance, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com. For more information on preparing to work on a yacht, read our previous blog, “Yacht Crew Insurance Terms 101”.

Have you ever heard the saying, “brokers make you broker”? That couldn't be further from the truth. Read more!

Luxury YachtThe Palm Beach International Boat Show is quickly becoming one of the top shows in the world. After all, who doesn’t want to spend a week in sunny South Florida? It’s no secret that one of the highlights of any boat show is getting to see some amazing yachts up close and personal. While you may not be able to go on-board these vessels, getting to see them in person can give you a new appreciation of the size of these boats, and offer a new respect for the entire crew that it takes to keep everything running in check.

Below is a list of the 6 largest yachts to look for when attending the Palm Beach International Boat Show which takes place March 17th-20th, 2016. It should be noted that it is common for yachts to change plans at the last minute, so there is a possibility that some of these vessels may decide not to attend the boat show. Therefore this list may not be 100% accurate at the time of the show.

“Solandge”

“Solandge” will be the largest superyacht at the show, and should be on every attendee’s list to see. Built by Lurssen, she measures in at a 280 feet long, almost the size of a football field! See her at PHD; Slip 302C-D, 300D-E where she will be displayed by Moran Yacht & Ship, whose headquarters are Fort Lauderdale.

“Silver Fast”

This 252 foot vessel was built by Silver Yachts in 2015, and is the largest and fastest aluminum motor yacht with conventional propulsion in the world! Her exhibitor is Burgess and will be located at PHC; Slip 210-212, 219-222A.

“Northern Star”

“Northern Star” was the largest superyacht at the Fort Lauderdale International Boat Show. For anyone who wasn’t able to attend in November, should make a point to stop by and check out this vessel which is a whopping 247 feet long and was built by Larssen. See her at PHD; Slip 302C-D, 300D-E where she will be displayed by Moran Yacht & Ship.

“Positive Carry”

Feadship is the builder of this 204 foot vessel. The location of “Positive Carry” will be PHD; Slip 302C-D, 300D-E and her exhibitor is Moran Yacht & Ship.

“Sealyon”

This 203 foot vessel was built by Viareggio in 2009, and is the last of the superyachts above 200 feet long. See her at PHD; Slip 207-208 G-I, where she will be displayed by International Yacht Corp.

“Illusion”

This mega-yacht was built in 1983 by Feadship. “Illusion” is 183 feet, and can accommodate 12 guests. The Exhibitor is Burgess, whose headquarters are in New York City, and will be located at PHC; Slip 210-212, 219-222A.

Make sure to be on the look-out for Mark Bononi, JW Haagensen, and Clayton Swart as they will be at the Palm Beach International Boat Show representing MHG Insurance Brokers, and helping anyone who has questions regarding their insurance!

Boat shows can often be a time where crew members to jump ship. Make sure that you maintain proper coverage through the process. Read our previous blog, “Yacht Crew Insurance Options While You are Between Jobs”, for guidance on what options may be best for you. Our insurance specialists have the knowledge and experience to find the policy that works best for you. If you are interested in purchasing or have any questions about yacht crew insurance or travel insurance, or would like some advice, please contact us at +1 954 828 1819 or +44 (0) 1624 678668 or visit us online at mhginsurance.com. Don’t forget, the Fort Lauderdale International Boat Show is almost here, see you there!

The Palm Beach International Boat Show begins today!