Underwriting Risk Services (URSL) has launched a bespoke website aimed at offering brokers a fully automated electronic insurance solution for yachts.

The specialist-underwriting agency said Yacht-Mark.com would be underwritten by AIG subsidiary Landmark Insurance.

The product will offer end-to-end transactions online, and, said USL guarantees full contract certainty.

It is targeted at vessels up to a value of €500,000 across Europe.

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