Yacht Insurance Specialists

Providing A rated capacity in hurricane exposed areas for thirty years.

About Concept Special Risks

Concept Special Risks Limited is a full service Managing General Agent (MGA) with expertise in the assessment, pricing and administration of yacht insurance business, working with numerous A-Rated insurance companies.

Our programme has changed in shape over recent years, but one thing that has remained consistent throughout this is our determination to provide a top quality product with A Rated Security. All of our carriers hold a minimum of an A- AM Best (Excelllent) rating, providing much needed capacity to the yacht insurance space. Concept Special Risks Limited, now part of the Applied Underwriters group of companies, continues to provide the expertise needed to manage and administer a market leading yacht insurance product within the US marketplace. To read more about our programme, appetite and limitations click here.

Boat Owners

If you are a boat owner and are looking for insurance, you will need to find a licensed insurance broker. A licensed insurance agent acts on your behalf and will provide you with guidance and advice that will help to ensure you receive the options and coverage that you need.

Once you have selected a broker, they will bring your application to us for our consideration.

Existing Brokers

If you already have an existing TOBA with us you can find details on our programme and risk appetite within our programme section.

You can also find template application forms within our forms section. If you have any questions please contact a member of our team.

New Brokers

If you are a surplus lines licensed insurance broker and do not have an existing TOBA with us please email our compliance team.

You will need to complete our compliance documents and for this to be appoved by our team before you can submit any risks to us for consideration. Compliance documentation are available upon request.


Each quotation and policy issued by our team will include a copy of the language, endorsements and other related language that is applicable to that risk. If you require a specific document please contact our Underwriting Team. If you would like to complete an application or supplemental form, these can be accessed online by clicking here. Miscellaneous documentation can be downloaded from the list below:

© Concept Special Risks Ltd. 2024 | Concept Special Risks Ltd. is regulated by the Financial Conduct Authority, Licence number; 312098 Company Registration number; 00952756 England