The Company
Triple “A” Marine Risks Ltd is an independent insurance services provider, specializing in the provision of risk management solutions for the maritime industry. The Company is incorporated in the Marshall Islands and maintains offices in Athens, Greece.
The Background
Triple “A” Marine Risks Ltd was founded in November 2016 by Mr. Kiriakos Zaharakis, former Managing Director in Greece of the Marine Department of Marsh LLC, a global leader in insurance broking and risk management.
Mr. Zaharakis is a highly regarded professional in the maritime and insurance brokerage industry. He started back in 1987, as a young Insurance Manager of a ship-management company. He then moved into insurance broking and in 1998 Mr. Zaharakis started the Marine Department of Marsh LLC in Athens, Greece.
By the time Mr. Zaharakis decided to depart from Marsh LLC, Athens, he had developed a high quality portfolio consisting of more than fifty (50) Greek shipping and ship-management companies.
Our Team
The team of Triple “A” Marine Risks Ltd consists of seven (7) dedicated and well regarded marine insurance professionals, with a combined experience in the maritime and insurance broking sector of more than one hundred (100) years.
The team has already worked and collaborated together for more than ten (10) years. As a result, all team members share the same values and ideals in servicing the evolving needs of our clients from “A” to “Z” with transparency, honesty, creativity and decisiveness.
Our Expertise
As a result of the well entrenched global service approach developed over the years, the experienced and dedicated team of Triple “A” Marine Risks Ltd has built a relationship of trust and mutual respect with major marine insurance centers and underwriters around the globe, for the benefit of our clients.
We therefore place marine insurance with established marine insurance markets, including London, Scandinavia, France, Spain, South Korea and Japan.
Our Clients
The clientele of Triple “A” Marine Risks Ltd consists mainly of Greek shipping and ship-management companies. We work closely with our clients, design and deliver tailor-made solutions that provide optimal cover, manage risk and create value and competitive advantage, effectively turning risk into a path for growth.
Our Strength
Being an independent insurance services provider, Triple “A” Marine Risks Ltd is not attached to a particular international marine insurance centre. With established offices in Athens, Greece, our company is instead very close and focused to catering to the needs of the internationally renowned Greek shipping community.
We therefore first devote ourselves to carefully listen to our clients, discuss, assess and determine their needs.
We then capitalize on our complete independence, in depth knowledge of the global marine insurance market and thorough research in order to provide unbiased advice and robust solutions to our clients. In effect, this approach distinguishes our services and sets us well apart from the international competition.
Our Services
Our clients operate in a very volatile environment, which means that maritime industry demands specialist knowledge.
We provide insight, innovation, expertise and solutions, managing risk and placing insurance cover on behalf of our clients for all types of marine risk, including but not limited to:
- Hull & Machinery
- Freight and Loss of Hire
- Increased Value & Disbursements
- Port Risks
- Protection & Indemnity
- Freight, Defence & Demurrage (FD&D)
- War Risks
- Kidnap & Ransom Insurance (K&R)
- Crew Personal Accident Cover
- Yacht Insurance
- Conversion & Repair Risks
- Towage Risks
- Mortgagees’ Interest & Mortgagees’ Additional Perils
- Builders’ Risks
- Charterers’ Liabilities, etc.
At Triple “A” Marine Risks Ltd, we also place great emphasis on the handling of claims in case of a fortuity, providing first class response and advice throughout the whole process: from delivery of the initial claim advice to underwriters until final payment of the claim to our clients and closure of the file.
We firmly believe that our hands on approach and the quality of our claims handling reflects our work and serves to affirm the top value we offer to our clients: Triple “A” provision of services in terms of transparency, efficiency and promptness.
Our Vision
Our vision is to deliver long term value to our clients and become their trusted provider of risk management solutions at a global level.
Our Strategy
Insurance broking is a very competitive sector. At Triple “A” Marine Risks Ltd, we are fully aware of the challenging environment we shall face and operate in.
At the same time, we are confident for the quality of our services and the trusted relationships that our team members have developed all these years. In fact, several Greek shipping and ship-management companies have already trusted our newly established company and pledged their support to Triple “A” Marine Risks Ltd.