Delay & Strike Insurance is a primary business interruption cover, complementing P&I and H&M cover. This cover protects a shipowner’s or charterer’s profit when the ship is held up by strikes, port closures, collisions, breakdowns and other unexpected delays.

The product is a tailored package of 29 risks which are chosen by the member, depending on their ship type and trade. Therefore, a shipowner’s or charterer’s revenue and control costs could be protected when the vessel is at risk of unexpected delays.


The Delay Insurance cover is different from a Loss of Hire cover, it helps protect ship operators by bridging the gap to where traditional Loss of Hire policies incept. LOH policies only incept where there has been a H&M claim and typically carry a 14-day deductible as standard so restricting protection to long delays.