When we launched Wind Horse we went with a new (to us) insurance carrier, Pantaenius. This is a German firm which acts as a broker, using various insurance markets. They appear to have a large percentage of the Eurpean cruising boat market.

What impressed us were the comments we read on folks who had dealt with them on losses, and the fact that they would cover us for areas off the beaten path, with just two of us aboard.

With the FPB 64 program coming along we've been getting questions about insurance, so we checked with Peter Kelly, who represents Pantaenius in the US. He said insurance rates are currently about seven tenths of one percent. The exact amount varies with which of the coverages are selected. We apparently get a very efficient rate due to the double bottom, water tight bulkheads, high factors of safety, and emergency systems aboard.

A couple of weeks ago, as we started to think about "Plan B" (heading to Europe via Greenland and Iceland) we asked Peter what the difference would be in our insurance policy. He checked with the home office and we were advised that there would be no increase in charges. However, our deductible would be increased while we were in Greenland waters to what works out to four tenths of one percent.

We were pleasantly surprised to find coverage was available and the increase in deductible seems quite fair, considering the remoteness of Greenland's cruising grounds.

If you would like more information on Pantaenius from the US contact Peter@Kellyagency.net .