Owners' Advocates
Independent Marine Insurance
Brokers
Independent advice, senior-level market access, and hands-on support across P&I, FD&D, H&M and War Risks.
athens
genoa
monaco
london
About First Marine
First Marine S.A. is a privately owned boutique marine insurance broker serving shipowners, maritime operators and yacht clients worldwide.
We operate as independent, conflict-free advisors, fully aligned with our clients' interests.
Our model is based on direct partner involvement and long-standing relationships across the market.
Our client base includes shipowners, charterers, operators and yacht clients.
- Senior-level market access across the International Group
- Long-standing relationships across underwriting and claims
- Deep technical expertise across marine insurance sectors
- Claims support available upon request, free of charge
- Direct senior involvement in every account
700+
units
A concentrated fleet portfolio translates to genuine market leverage — enabling negotiating positions unavailable to smaller or fragmented books.
Why First Marine
Unlike large brokerage groups, we deliberately operate as an independent boutique organisation.
- No dilution of responsibility
- Direct access to decision-makers
- Rapid response and flexibility
- Absolute accountability
- Close supervision of all matters
Clients always know who is handling their business, and senior professionals remain fully engaged.
Portfolio Quality = Market Leverage
Our portfolio consists exclusively of reputable, professionally managed fleets.
This concentration of high-quality clients enhances our credibility in the insurance market and creates tangible negotiating leverage with insurers.
- Insurers actively seek participation in our portfolio
- Negotiations are conducted from a position of strength
- Competitive terms and flexibility are achievable
- Long-term relationships are maintained with minimal friction
The quality of our clients directly enhances our ability to deliver results when it matters most.
700 +
units under management
Portfolio quality
translates to
market leverage.
Our Approach
We act as Owners' Advocates — not insurers' brokers. Our duty is to the client.
- Independent advice
- Strong advocacy in negotiations
- Transparent guidance
- No conflicts of interest
We do not represent insurers.
We represent clients.
Technical Expertise & Market Insight
Our advisory services span the full insurance lifecycle, from renewal strategy and placement to loss record analysis
- Renewal strategy and negotiations
- Premium benchmarking
- Loss record analysis
- Coverage structuring across markets
- Comparative analysis of P&I Clubs
- Portfolio optimisation and deductible structuring
Relationship-Driven Advisory
We combine analytical strength with long-standing relationships across the marine insurance market, enabling us to deliver practical, market-tested solutions.
Problem Solvers — Not Intermediaries
You call — we act.
We mobilise resources immediately and take ownership of the problem until resolution.
Claims Excellence — 24/7 Response
Claims support is a core part of our service and is provided free of charge upon request.
We support clients in the handling of claims when required, working alongside internal teams without interfering. Our role is to provide additional expertise and direct access to Clubs and insurers to facilitate efficient resolution.
- Immediate incident response
- Strategic handling of complex cases
- Negotiation with Clubs and insurers
- Coordination with lawyers and correspondents
- Assistance through settlement and recovery
24/7Availability
Free of
ChargeUpon Request
FastMobilisation
Our Services
Our expertise spans all major marine insurance lines, including:
P&I
Placement with International Group Clubs and fixed market providers, including renewal strategy and loss record optimisation.
FD&D
Defence cover aligned with chartering exposure and contractual disputes.
H&M
Placement and structuring for physical damage risks and deductible optimisation.
War Risks
Cover for war-related exposures across Owners and Charterers.
Loss of Hire
Protection against loss of income following damage or operational interruption.
Charterers' Liability
Liability cover for cargo, third-party and contractual exposures.
Yacht H&M & P&I
Tailored solutions for private and commercial yacht operations.
Cyber Security
Protection against cyber risks affecting vessel and shore-based operations.
Publications
We produce proprietary analyses of the International Group P&I Clubs, focusing on loss records, cost allocation and market developments.
I.G. Clubs — Loss Records Analysis 2025
I.G. Clubs — Loss Records Analysis 2024
I.G. Clubs — Loss Records Analysis 2023
I.G. Clubs — Loss Records Analysis 2022
I.G. Clubs — Loss Records Analysis 2021
NorthStandard — Intention to Merge (2021)
I.G. Clubs — Loss Records Analysis 2020
Recognition & Media
Industry Award
Best Marine Insurance Broker
CFI.co Awards — 2022. Recognised for excellence in marine insurance brokerage and client advocacy in Greece and Italy.
view award
Media Feature
Featured in ELNAVI
Cover feature interview with Vittorio de Gaspari on P&I market transition and owners' advocacy — ELNAVI Monthly Review, November 2025.
read interviewOur Commitment
We build long-term partnerships based on trust, performance and transparency.
Senior Involvement
Senior professionals remain directly involved at all stages — from placement to claims.
Tailor-Made Solutions
Every account is structured to reflect the specific operational profile and risk exposure of the client.
Proactive Communication
Regular market updates, renewal strategy and loss record reviews — without being asked.
Operational Understanding
Deep familiarity with fleet operations, trade patterns and charter structures.
Absolute Confidentiality
Client data and commercial terms are treated with the highest degree of discretion.
Aligned Interests
Our commercial model is fully aligned with client outcomes — not insurer incentives.
Clients are not accounts — they are partners.
We measure success not by size, but by the trust placed in us and by the results we deliver.
Direct Contact
Speak directly with one of our senior brokers.
