International marine insurer Allianz Commercial and leading Managing General Agent (MGA) Coastal Marine Asia Underwriting are teaming up to extend their marine hull insurance portfolio throughout the Asia-Pacific.
According to an 18 November 2025 press release, the tie-up will initially focus on Coastal Marine’s core offering of Hull and Machinery for coastal and inland tonnage. The offering will cover key Asia-Pacific territories, including Indonesia, Singapore, Malaysia, Thailand, and Hong Kong, with further expansion planned as the partnership develops.
The collaboration, signed between Allianz Global Corporate & Specialty SE Hong Kong Branch and Coastal Marine Asia Underwriting (HK) Ltd., combines Allianz Commercial’s multi-channel distribution and marine expertise across Asia-Pacific with Coastal Marine’s complementary experience in coastal and brownwater vessels.
Allianz Commercial Asia Regional Managing Director Christian Sandric said: “This collaboration reinforces our shared goal of supporting the marine sector with unparalleled protection and risk management solutions.”
Coastal Marine CEO Callum Clark added that the partnership “marks a significant milestone in expanding our marine hull product line. Partnering with Allianz Commercial represents a major step forward in our mission to deliver tailored, best-in-class solutions for Asia’s growing marine industry.”