Admiral Yacht Insurance was launched in 1991 when its Boat Insurance Policy was created. Managing Director Robert Holbrook, who was previously a partner in a firm of London Insurance Brokers and a keen yachtsman himself, recognised the need for flexible yacht insurance that met the needs of both sailing yacht and motor yacht owners.We specialise in sailing yacht insurance and motor boat insurance for boats based in the UK, Northern European waters, the Mediterranean, South East Asia and the Caribbean as well as bluewater cruisers undertaking long distance voyages. Our long-term involvement with the World Cruising Club has given us a wealth of knowledge and experience for insuring ocean crossings.Admiral Yacht Insurance is underwritten by Lloyd’s (Munich Re Syndicate). Lloyd’s enjoys strong financial security supported by excellent ratings.
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Advantage Underwriting Limited is an MGA based in Jersey, Channel Islands who are regulated by the Jersey Financial Services Commission and are Lloyd's Coverholders. We provide a range of insurance policy covers to an established network of regional insurance brokers throughout the UK. We are owned by the Polygon Group, a Channel Island based investment and insurance business.Originally established in 2006 (as Adding1 Ltd) we commenced business as a wholesale broker marketing commercial insurance products to a network of UK based retail brokers. Adding1 was a pioneer of introducing AIG into the SME insurance market with a range of commercial combined and motor fleet products, allowing provincial brokers access to an exclusive market. Always innovative, we then became one of the first intermediaries to market Excess Protection insurance into the retail broker market.The company formally changed name in early 2014 to Advantage Underwriting to reflect its growth and new capabilities, providing a range of insurance products to its broker network.