Zurich has launched a new yacht and motorboat product for its high net worth clients.
The collaboration between its sister operation, Navigators and General, will provide products that can be bought as add-ons to its existing range of high net worth products.
Zurich Private Clients specialty business director Dave Parry said: "Three different types of cover will be available; yacht, motorboat and small craft.
"With reduced capacity for higher value yachts and motorboats in the market, we believe this product will be warmly received by brokers and the market."
