Paratus’ offering has been validated by the granting of a Guernsey Financial Services Commission regulated insurance license. In addition, Paratus Maritime Insurance Limited transfers risk to particular Underwriters at Lloyd’s (rated “A+” by Standard & Poor’s and “AA-“ by Fitch Ratings), which enhances the financial security we offer our clients worldwide.
Paratus’ policies are distributed by, FCA regulated, Gibson Shipbrokers Ltd., the world's leading international shipbroker with over 125 years of shipping heritage. Price Forbes – one of Lloyd’s of London's foremost insurance brokers, also authorised and regulated by the FCA – is appointed exclusive broker for all our policies. Price Forbes will facilitate the payment of premiums and claims, and the issuing of policy documentation, which will be stamped in Guernsey by the Paratus underwriting team. The Ardonagh Group, the leading U.K independent broking and underwriting group, partners with Paratus to enhance our insurance expertise.
Paratus also partners with OilX, an award-winning oil data analytics firm, that leverages satellite data through AI to provide market leading oil data and insights to Paratus’ clients.
Price Forbes & Partners Ltd is a Lloyd’s of London Insurance Broker authorised and regulated by the Financial Conduct Authority.
A leading, FCA regulated, international shipbroker for over 125 years, providing services to clients in the Tanker (Crude, Petroleum & Specialised Products), Dry Cargo, Offshore, Gas (LNG & LPG) and Sale & Purchase markets.
The principal insurance underwriting and broking group in the UK and amongst the world’s largest insurance groups, active across distribution, wholesale, underwriting and insurance services.
Robus is a Guernsey based independent insurance management, fiduciary and financial advisory group, providing services to captive insurers, open market insurers and reinsurers and insurance intermediaries around the world.
OilX provides a real-time snapshot of the global oil market by combining satellite observations with oil analytics through the latest data science techniques. The OilX client portfolio is composed of oil majors, leading commodity trading organisations, hedge funds and investments banks. Headquartered in London, OilX has more than 15 years of oil analytics experience across oil majors, investment banks and hedge funds.
The Guernsey Financial Services Commission is the regulatory body for the finance industry in the Bailiwick of Guernsey.
The Commission supervises and regulates over 2,000 licensees from within the banking, fiduciary, insurance and investment sectors. This is conducted in accordance with standards set by international bodies such as the Basel Committee for Banking Supervisors, the International Association of Insurance Supervisors, the International Organisation of Securities Commissions and the Financial Action Task Force on Money Laundering.