Marine Insurance

TM is one of Iceland´s largest general insurance companies, and has always been the market leader in insurance for the fishing industry in Iceland. Today TM offers a variety of insurance and financial products for the fishing industry, based on its extensive expertise and know-how.

Products and Services

TM´s marine specialists have vast experience and offer personal service and consult to our clients. Our clients have direct access to their client manager which secures a quick and secure handling of all business related matters. In addition to our insurance products we offer various additional services, for example financing of operational assets, payment services, loss prevention etc.

Marine Product Range

Our product range is extensive and can be tailored to the specific needs of each and every client.

An example of our product range includes the following:

  • Hull and Machinery pays damages to ships due to accidental loss or shipwreck
  • Personal Accident Insurance for fishermen and other employees
  • Property Insurance due to loss of buildings, equipment and supplies
  • Liability Insurance of third party losses due to bodily injury and property damage
  • Product Liability due to loss originated from sales products worldwide
  • Cargo Insurance covers loss of supplies in transit worldwide
  • Credit Insurance covers loss due to non payment of accounts receivables
  • Fish Farming Insurance covers loss of farmed fish due to illness and sudden events

Claims Services

TM is a market leader in respect of claims handling and we emphasise on offering a quick and secure claims service. Market surveys have confirmed that our clients have the most customer satisfaction compared to other insurance companies in Iceland.

TM offers a 24hr claims service tel +354 800 6700 where you can get first hand assistance and advice on how to react in case of a loss and how to prevent further damage.

Loss Prevention

TM offers its clients a complete loss prevention service program. Our program is based on a direct cooperation with our clients. The main goal is to educate the executives and employees of the companies on loss prevention and staff security.

Contact Us

Contact our specialists in marine by calling +354 515 2000 or emailing and they will assist you in finding the right solutions and tailor them to your special needs.

Introduction video