Insurance is one of the oldest industries in the world and Aquaculture is one of the newest. Risk Broking has successfully battled to bridge the gap between these vastly different industries with an impressive range of innovations.

Risk Broking has sourced and provided previously uninsurable consequential loss covers for Aquaculture risks.

We have partnered with financial institutions globally to improve the awareness and access of Aquaculture Insurance, thereby allowing risk transfer for the institutions, which in turn has encouraged flexibility with Aquaculture investment.

Risk Broking provides banks with the protection to allow funding of new and exciting aquaculture ventures and is committed to playing its role in the achievement of a long term profitable and sustainable Aquaculture Industry through the provision of cutting edge Insurance protections and will embrace all challenges thrown at us.

Risk Broking is recognised as a market leader in the design and implementation of Aquaculture products. For over 15 years, Risk Broking has engineered Aquaculture Insurance terms for Abalone, Mussels, Oysters, Barramundi, Crocodile, Tuna, Salmon, Seahorses, Prawns, Shrimp, Turbot and Marron, just to name a few; insurance cover can be tailored for any type of aquaculture stock.

Risk Broking understand that no two Aquaculture risks are the same and they spend time in understanding their client’s unique systems and conditions in order to tailor a competitive and comprehensive insurance programme accordingly.

With direct access to the international Aquaculture insurance market, Risk Broking has developed a comprehensive but simple method in determining the adequacy of the required sums insured, indemnity levels and deductibles to suit the insured.

Indemnity levels (sums insured) can be negotiated on a per species basis (Tuna, Salmon, Barramundi etc) or on a per Pond/Tank basis (Prawns, Marin, Shrimp etc), with indemnity levels increasing during the life cycle of the species.