Date   

Re: Self Insurance

Courtney Gorman
 

I would be interested in either for next year as I have already gotten and paid for my policy this year
thanks
Courtney
Trippin
54 #101


-----Original Message-----
From: karkauai via groups.io <karkauai@...>
To: main@AmelYachtOwners.groups.io
Sent: Wed, May 20, 2020 11:02 am
Subject: Re: [AmelYachtOwners] Self Insurance

Thank you all for your thoughts, ideas, suggestions, and doubts.

Bill R has been in touch with Gary Golden at Manifest Marine. He is looking into a group policy, but at least initially doesn't think it would be enough of a market to interest commercial carriers.

Sooo, while it's not a foregone conclusion, we may have to go the self-insurance route.
That would be an experiment unless we can find someone with expertise to help us set it up.  We may find ourselves with few or no options sooner rather than later so I think it's worth pursuing if there is enough interest.

Please respond to this thread and indicate if you are seriously interested in participating in
 1)A commercial group Policy, and
 2)An AYOG self-insured plan

If there are at least 200 owners interested, I will continue to work on it.  If there is enough interest, we will take this private and ask you to complete a survey that Brent is working on.

Thanks for your prompt replies.
Kent
SM 243
Kristy

On May 19, 2020 3:34 AM, Ken Powers SV Aquarius <ken@...> wrote:
Though I think it would be a great idea to start the "Amel Group Insurance Company" AGIC, it's a lot more than just opening a bank account and filling it with our $6000 each month.  Insurance companies are Bankers first, and Offer insurance second.  Once you get the first $1.2M in the bank it has to be invested, and everyone will have different ideas of where to invest it.  Well hedged is probably best, but these days I have been a very unsuccessful investor!  

On the questionnaire - Ask about Auto, Motorcycle, Airplane Insurance - Any tickets past 10 years, and any claims?  People are the same on the water as they are on land or in the air.  Careful drivers on land and in the air, will be careful captains on the water.   

I also think that the owners that will be insured by AGIC should be required to have three owners confirm that the owner is worthy of getting insurance through AGIC.  The first 200 owners insured also need to be well vetted be part of the group.  All you need is a few bad actors to bankrupt an insurance company.  Everyone has different ideas of what the appropriate level of experience should be required to sail an Amel off shore.  What would be the level of instruction/experience required for new owners, and who would be capable of imparting that knowledge and signing off for a new owner to be insured.  Bill's class would be a good one, but should Bill alone be able to sign off for a new member?  No one person should.  

There's a lot of benefits we could gain by starting this venture.  For one, it would make the AMEL brand more valuable if the insurance was transferrable to a new owner given a mandatory level of experience, no claims (any insurance), and an AMEL offshore sailing course.  Just like a check ride by the FAA.  

To do this right we need a village, and I think the AMEL Owners are the right village.  If we start now, we could draft a document and get this started by the end of the year.

First get interest level.  200 boats would probably be a good start.
Draft a Document how the company would operate.
  1.  Investments
  2.  Personal requirements to be insured
  3.  What/Where will the insurance cover
  4.  How/who will manage the claims
  5.  Define a bad risk owner, and how will a bad risk owner be deleted from the insurance group.
  6.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
  7.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.



So the first think would be to find out who is interested in the insurance, and each should answer the following questions.  If there is interest we need to get everyone into a spreadsheet and when we get to 200 people we can move forward to the next step.
HERE IS MINE
1.  Current Insurance Company:  JACKLINE POLICY
2.  Cost yearly: $5700
3.  Coverage amount: $280K
4.  Coverage location: Worldwide except weather zones
5.  3rd party Liability: $1M
6.  Solo Sailor: ?
7.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
8.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.
9.  ??  Any other questions we need to ask to get the first 220 or more first responders?  Some people will not meet the standards of the majority, so we will need to get more than the number required for critical mass.  Even I may not meet the standards of some.  
 
Done rambling....

Ken Powers
Aquarius SM2K #262
Currently in Phuket Thailand




Re: genoa furler cover MEJ1 removal

Jeroen jeltes
 

Dear Roque,  thank you for picture,it helps,  pls do you have a picture of the cover?  it is not clear if it has a flat surface. regards,  Jeroen


Re: European SM 240V looking to plug in 240V US Marina

 

Theo,

I think the information may be misleading. 

I talked to Victron about this isolation transformer. They said that "AC input voltage is raised/lowered by 1:1.05 ratio at the AC output."

This is not what Dominique was asking for.

Bill
CW Bill Rouse Amel Owners Yacht School
Address: 720 Winnie, Galveston Island, Texas 77550 
View My Training Calendar


On Wed, May 20, 2020 at 11:22 AM Theo s/v Paloma <sailingpaloma1@...> wrote:
You might want to look into the Victron Isolation Transformer. It provides galvanic isolation, and can up or down convert voltage. It does not change the frequency.

https://www.victronenergy.com/isolation-transformers

Theo
s/v Paloma
Amel 50 #18


Re: Self Insurance

Patrick McAneny
 

Kent , Of course I would be interested either way. Just got off the phone with Gary Golden to discuss a policy he sent me. He said that liability alone is available , although because its fairly cheap some companies don't want to bother with it ,being several hundred ,opposed to several thousand. 
Thanks,
Pat
SM#123


-----Original Message-----
From: karkauai via groups.io <karkauai@...>
To: main@AmelYachtOwners.groups.io
Sent: Wed, May 20, 2020 11:02 am
Subject: Re: [AmelYachtOwners] Self Insurance

Thank you all for your thoughts, ideas, suggestions, and doubts.

Bill R has been in touch with Gary Golden at Manifest Marine. He is looking into a group policy, but at least initially doesn't think it would be enough of a market to interest commercial carriers.

Sooo, while it's not a foregone conclusion, we may have to go the self-insurance route.
That would be an experiment unless we can find someone with expertise to help us set it up.  We may find ourselves with few or no options sooner rather than later so I think it's worth pursuing if there is enough interest.

Please respond to this thread and indicate if you are seriously interested in participating in
 1)A commercial group Policy, and
 2)An AYOG self-insured plan

If there are at least 200 owners interested, I will continue to work on it.  If there is enough interest, we will take this private and ask you to complete a survey that Brent is working on.

Thanks for your prompt replies.
Kent
SM 243
Kristy

On May 19, 2020 3:34 AM, Ken Powers SV Aquarius <ken@...> wrote:
Though I think it would be a great idea to start the "Amel Group Insurance Company" AGIC, it's a lot more than just opening a bank account and filling it with our $6000 each month.  Insurance companies are Bankers first, and Offer insurance second.  Once you get the first $1.2M in the bank it has to be invested, and everyone will have different ideas of where to invest it.  Well hedged is probably best, but these days I have been a very unsuccessful investor!  

On the questionnaire - Ask about Auto, Motorcycle, Airplane Insurance - Any tickets past 10 years, and any claims?  People are the same on the water as they are on land or in the air.  Careful drivers on land and in the air, will be careful captains on the water.   

I also think that the owners that will be insured by AGIC should be required to have three owners confirm that the owner is worthy of getting insurance through AGIC.  The first 200 owners insured also need to be well vetted be part of the group.  All you need is a few bad actors to bankrupt an insurance company.  Everyone has different ideas of what the appropriate level of experience should be required to sail an Amel off shore.  What would be the level of instruction/experience required for new owners, and who would be capable of imparting that knowledge and signing off for a new owner to be insured.  Bill's class would be a good one, but should Bill alone be able to sign off for a new member?  No one person should.  

There's a lot of benefits we could gain by starting this venture.  For one, it would make the AMEL brand more valuable if the insurance was transferrable to a new owner given a mandatory level of experience, no claims (any insurance), and an AMEL offshore sailing course.  Just like a check ride by the FAA.  

To do this right we need a village, and I think the AMEL Owners are the right village.  If we start now, we could draft a document and get this started by the end of the year.

First get interest level.  200 boats would probably be a good start.
Draft a Document how the company would operate.
  1.  Investments
  2.  Personal requirements to be insured
  3.  What/Where will the insurance cover
  4.  How/who will manage the claims
  5.  Define a bad risk owner, and how will a bad risk owner be deleted from the insurance group.
  6.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
  7.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.



So the first think would be to find out who is interested in the insurance, and each should answer the following questions.  If there is interest we need to get everyone into a spreadsheet and when we get to 200 people we can move forward to the next step.
HERE IS MINE
1.  Current Insurance Company:  JACKLINE POLICY
2.  Cost yearly: $5700
3.  Coverage amount: $280K
4.  Coverage location: Worldwide except weather zones
5.  3rd party Liability: $1M
6.  Solo Sailor: ?
7.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
8.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.
9.  ??  Any other questions we need to ask to get the first 220 or more first responders?  Some people will not meet the standards of the majority, so we will need to get more than the number required for critical mass.  Even I may not meet the standards of some.  
 
Done rambling....

Ken Powers
Aquarius SM2K #262
Currently in Phuket Thailand




Re: genoa furler cover MEJ1 removal

Roque
 

Hi

Maybe this pic will help. 

Roque 

Attika A54 #117

Em qua, 20 de mai de 2020 às 12:43, Jeroen jeltes <j.jeltes@...> escreveu:

Hi all Amel owners.  i am struggling to remove the cover of the MEJ1 furler,  to be able to replace te belt.
i have tried a rubber hammer, i do not like to use a srewdriver as this would damage the anodising of the cover and sealbed.
Is the cover flat ? or has the furlerbody recesses for the screws?  in other words does it have to come out vertically, or should i use more force with the hammer sideways?  advice welcome. 
Jeroen Jeltes,  Fidelis Am54 Aruba.


Re: Self Insurance

Ryan Meador
 

We're potentially interested in a group buy of a normal insurance policy.  It will depend on the rate/coverage vs what we can find through our insurance broker (so far they've found one, but it's expensive).  Our policy expires at the end of July.

We might be interested in self insurance, depending on exactly how it works.  Insurance is a highly regulated industry, and I think it's going to be difficult for a bunch of laypeople like us to successfully form an insurance company, doubly so on a tight timeline.  Even if we succeed, I'm not sure the policy would be acceptable to the bank that owns our mortgage.  But this project is something I've been thinking about for a long time, so if it is feasible, I'd be interested in being part of it.

Ryan and Kelly
SM 233 Iteration
Boston, MA, USA


On Wed, May 20, 2020 at 11:02 AM karkauai via groups.io <karkauai=yahoo.com@groups.io> wrote:
Thank you all for your thoughts, ideas, suggestions, and doubts.

Bill R has been in touch with Gary Golden at Manifest Marine. He is looking into a group policy, but at least initially doesn't think it would be enough of a market to interest commercial carriers.

Sooo, while it's not a foregone conclusion, we may have to go the self-insurance route.
That would be an experiment unless we can find someone with expertise to help us set it up.  We may find ourselves with few or no options sooner rather than later so I think it's worth pursuing if there is enough interest.

Please respond to this thread and indicate if you are seriously interested in participating in
 1)A commercial group Policy, and
 2)An AYOG self-insured plan

If there are at least 200 owners interested, I will continue to work on it.  If there is enough interest, we will take this private and ask you to complete a survey that Brent is working on.

Thanks for your prompt replies.
Kent
SM 243
Kristy

On May 19, 2020 3:34 AM, Ken Powers SV Aquarius <ken@...> wrote:
Though I think it would be a great idea to start the "Amel Group Insurance Company" AGIC, it's a lot more than just opening a bank account and filling it with our $6000 each month.  Insurance companies are Bankers first, and Offer insurance second.  Once you get the first $1.2M in the bank it has to be invested, and everyone will have different ideas of where to invest it.  Well hedged is probably best, but these days I have been a very unsuccessful investor!  

On the questionnaire - Ask about Auto, Motorcycle, Airplane Insurance - Any tickets past 10 years, and any claims?  People are the same on the water as they are on land or in the air.  Careful drivers on land and in the air, will be careful captains on the water.   

I also think that the owners that will be insured by AGIC should be required to have three owners confirm that the owner is worthy of getting insurance through AGIC.  The first 200 owners insured also need to be well vetted be part of the group.  All you need is a few bad actors to bankrupt an insurance company.  Everyone has different ideas of what the appropriate level of experience should be required to sail an Amel off shore.  What would be the level of instruction/experience required for new owners, and who would be capable of imparting that knowledge and signing off for a new owner to be insured.  Bill's class would be a good one, but should Bill alone be able to sign off for a new member?  No one person should.  

There's a lot of benefits we could gain by starting this venture.  For one, it would make the AMEL brand more valuable if the insurance was transferrable to a new owner given a mandatory level of experience, no claims (any insurance), and an AMEL offshore sailing course.  Just like a check ride by the FAA.  

To do this right we need a village, and I think the AMEL Owners are the right village.  If we start now, we could draft a document and get this started by the end of the year.

First get interest level.  200 boats would probably be a good start.
Draft a Document how the company would operate.
  1.  Investments
  2.  Personal requirements to be insured
  3.  What/Where will the insurance cover
  4.  How/who will manage the claims
  5.  Define a bad risk owner, and how will a bad risk owner be deleted from the insurance group.
  6.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
  7.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.



So the first think would be to find out who is interested in the insurance, and each should answer the following questions.  If there is interest we need to get everyone into a spreadsheet and when we get to 200 people we can move forward to the next step.
HERE IS MINE
1.  Current Insurance Company:  JACKLINE POLICY
2.  Cost yearly: $5700
3.  Coverage amount: $280K
4.  Coverage location: Worldwide except weather zones
5.  3rd party Liability: $1M
6.  Solo Sailor: ?
7.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
8.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.
9.  ??  Any other questions we need to ask to get the first 220 or more first responders?  Some people will not meet the standards of the majority, so we will need to get more than the number required for critical mass.  Even I may not meet the standards of some.  
 
Done rambling....

Ken Powers
Aquarius SM2K #262
Currently in Phuket Thailand




Re: European SM 240V looking to plug in 240V US Marina

Theo s/v Paloma
 

You might want to look into the Victron Isolation Transformer. It provides galvanic isolation, and can up or down convert voltage. It does not change the frequency.

https://www.victronenergy.com/isolation-transformers

Theo
s/v Paloma
Amel 50 #18


Re: New files uploaded to main@AmelYachtOwners.groups.io

Theo s/v Paloma
 

Any chance someone can upload the service and part manuals for the ONAN Cummins 8KW (MDKBW)?
Theo
s/v Paloma
Amel50 #18


genoa furler cover MEJ1 removal

Jeroen jeltes
 

Hi all Amel owners.  i am struggling to remove the cover of the MEJ1 furler,  to be able to replace te belt.
i have tried a rubber hammer, i do not like to use a srewdriver as this would damage the anodising of the cover and sealbed.
Is the cover flat ? or has the furlerbody recesses for the screws?  in other words does it have to come out vertically, or should i use more force with the hammer sideways?  advice welcome. 
Jeroen Jeltes,  Fidelis Am54 Aruba.


Re: Self Insurance

karkauai
 

Thank you all for your thoughts, ideas, suggestions, and doubts.

Bill R has been in touch with Gary Golden at Manifest Marine. He is looking into a group policy, but at least initially doesn't think it would be enough of a market to interest commercial carriers.

Sooo, while it's not a foregone conclusion, we may have to go the self-insurance route.
That would be an experiment unless we can find someone with expertise to help us set it up.  We may find ourselves with few or no options sooner rather than later so I think it's worth pursuing if there is enough interest.

Please respond to this thread and indicate if you are seriously interested in participating in
 1)A commercial group Policy, and
 2)An AYOG self-insured plan

If there are at least 200 owners interested, I will continue to work on it.  If there is enough interest, we will take this private and ask you to complete a survey that Brent is working on.

Thanks for your prompt replies.
Kent
SM 243
Kristy

On May 19, 2020 3:34 AM, Ken Powers SV Aquarius <ken@...> wrote:
Though I think it would be a great idea to start the "Amel Group Insurance Company" AGIC, it's a lot more than just opening a bank account and filling it with our $6000 each month.  Insurance companies are Bankers first, and Offer insurance second.  Once you get the first $1.2M in the bank it has to be invested, and everyone will have different ideas of where to invest it.  Well hedged is probably best, but these days I have been a very unsuccessful investor!  

On the questionnaire - Ask about Auto, Motorcycle, Airplane Insurance - Any tickets past 10 years, and any claims?  People are the same on the water as they are on land or in the air.  Careful drivers on land and in the air, will be careful captains on the water.   

I also think that the owners that will be insured by AGIC should be required to have three owners confirm that the owner is worthy of getting insurance through AGIC.  The first 200 owners insured also need to be well vetted be part of the group.  All you need is a few bad actors to bankrupt an insurance company.  Everyone has different ideas of what the appropriate level of experience should be required to sail an Amel off shore.  What would be the level of instruction/experience required for new owners, and who would be capable of imparting that knowledge and signing off for a new owner to be insured.  Bill's class would be a good one, but should Bill alone be able to sign off for a new member?  No one person should.  

There's a lot of benefits we could gain by starting this venture.  For one, it would make the AMEL brand more valuable if the insurance was transferrable to a new owner given a mandatory level of experience, no claims (any insurance), and an AMEL offshore sailing course.  Just like a check ride by the FAA.  

To do this right we need a village, and I think the AMEL Owners are the right village.  If we start now, we could draft a document and get this started by the end of the year.

First get interest level.  200 boats would probably be a good start.
Draft a Document how the company would operate.
  1.  Investments
  2.  Personal requirements to be insured
  3.  What/Where will the insurance cover
  4.  How/who will manage the claims
  5.  Define a bad risk owner, and how will a bad risk owner be deleted from the insurance group.
  6.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
  7.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.



So the first think would be to find out who is interested in the insurance, and each should answer the following questions.  If there is interest we need to get everyone into a spreadsheet and when we get to 200 people we can move forward to the next step.
HERE IS MINE
1.  Current Insurance Company:  JACKLINE POLICY
2.  Cost yearly: $5700
3.  Coverage amount: $280K
4.  Coverage location: Worldwide except weather zones
5.  3rd party Liability: $1M
6.  Solo Sailor: ?
7.  Insurance claims - I have never had a claim on my Car Insurance, Motorcycle Insurance, Boat Insurance, or Airplane Insurance.  Yup, I HAVE NEVER MADE A CLAIM IN 40 years of driving several types of vehicles.
8.  Tickets in the last 10 years - Yup, I received 1 speeding ticket between San Diego and Vegas.  Just moving with traffic.  Safer to move at the same speed as traffic even though I was Breaking the Law.
9.  ??  Any other questions we need to ask to get the first 220 or more first responders?  Some people will not meet the standards of the majority, so we will need to get more than the number required for critical mass.  Even I may not meet the standards of some.  
 
Done rambling....

Ken Powers
Aquarius SM2K #262
Currently in Phuket Thailand




Re: Victron Quattro charger/inverter installation

Arno Luijten
 

Hi,

This topic is somewhat frequent as mane Amels have a fairly limited inverter. Our Amel 54 is still stock and has the Mass Sine 2500 from Mastervolt that is actually only 2000 Watt continuously. So like may others I've been looking at alternatives.

The Victron 5kW is big, really big. It also has some small print where it states is will reduce it's output above 30 Deg. ambient temperature. I'm not saying the Vircron is not a good piece of kit, far from it, but it does have some drawbacks. Also the idle power consumption is significant.
I'm wondering why I would need 5kW. There is a case for it if you are using induction hobs for cooking, but I have no plans to convert in the foreseeable future.
I think the great improvement could be in the ability to use the washing machine, diswasher, maybe one of the A/C's
For this the inverter does not need to be more then 3.0-3.5kW continuously.
The other advantage is that a 5 kW inverter requires immense cables to the batteries, making it a big problem installing it in the Engine room, justifying the installation in the battery compartment. This again would require to move to Lithium to save battery-space... On and on it goes. So at present I'm looking into a few Mastervolt Mass-series boxes, also because this would integrate with all the other Mastervolt stuff from the later A54's

This brings me to the following question. Has anyone looked into the 24 Volt connection point in the engine room of a A54 next to the fusebox (see picture).
I notice there are feed cables of 95mm2 allowing for quite some power draw. Does anyone know where exactly these cables are connected on the supply side? Before or behind the main switches? As far as I can see this power-point is the main feed point for the fuse-box next to it is that correct?

Regards,

Arno Luijten
SV Luna,
A54-121


Re: Victron Quattro charger/inverter installation

Oliver Henrichsen, SV Vela Nautica
 

Hello,

There are several reasons why I did not install the charger inverter in the old engine room location.

I did not like that computerised device in a hot and humid environment, special beside the watermaker. I experianced a spray from a hose right into old charger... 

Victron advices installation in cool and dry place and the engine room is the opposite. Additional there is the bilge and whem someone takes a hot shower lots of steam whoop around..

With the ventilation arangement inside the multi plus its intended to be mounted vertical for best cooling. Thats not possible at the old place. Its also possible to mount it horizontal but u will not get best cooling. 

I like to have short charging wires for best efficency and less losses, I would have needed to route additional wires for 120A charging. In the new location wires are short.

Now living with this upgrade more than 1.5 years full time anchored I would do it this way again. Its not that much trouble to rewire as you will need to change wires to larger sizes anyway. 

Oliver from Vela Nautica Amel54#39 
Martinique 

On Wed, May 20, 2020, 09:54 Lior Keydar <lior246@...> wrote:
Dear Oliver

I still have on SHARONA (A54) the original installation of the inverter and the two charger (30, 100) with 12 lead acid batteries.  I think as a first step just to replace the old inverter and charger with Victron MultiPlus or Quattro and keep the old batteries for a few more month. 

I saw that you installed your MultiPlus inverter near the batteries. Can I ask, why did you not installed it instead of the old inverter behind the generator? Would it be also easy to install it behind the generator?

Thanks
Lior SHARONA, A54 #18


Re: Identifing parts for Onan water flange

 

Olaf,

Assuming that your Onan is the same that Amel installed and has not been modified, Amel ordered the 12 volt isolated ground version. If your current sensors have 2 wires, that are for the isolated ground version.

Bill
CW Bill Rouse Amel Owners Yacht School
Address: 720 Winnie, Galveston Island, Texas 77550 
View My Training Calendar


On Tue, May 19, 2020 at 7:56 PM Olaf Bauer <olaf.bauer@...> wrote:

Hello AMELians,

 

When ordering parts for the Onan generator some questions were coming up:

 - Which ground I required? The negative ground or isolated ground (PN# 300-5040 or 300-5041)?

 - The 12V and  24V Negative ground or 12V isolated ground (PN# 193-0318 or 193-0457-01)?

 

The Onan generator is Type 7MDKAV-2317 MDKAV 7 kW 50 Hz Diesel

 

Could someone help me on that or tell me how I could find that out?

 

Thanks in advance.

Fair winds

Olaf

 

S/V Katchopine, SM2K 392

currently in Trinidad

 


Re: Victron Quattro charger/inverter installation

Lior Keydar
 

Dear Oliver

I still have on SHARONA (A54) the original installation of the inverter and the two charger (30, 100) with 12 lead acid batteries.  I think as a first step just to replace the old inverter and charger with Victron MultiPlus or Quattro and keep the old batteries for a few more month. 

I saw that you installed your MultiPlus inverter near the batteries. Can I ask, why did you not installed it instead of the old inverter behind the generator? Would it be also easy to install it behind the generator?

Thanks
Lior SHARONA, A54 #18


Re: A54 top loading fridge /freezer strut

ESTELLER
 

I change the mine some months ago, and it was provided by AMEL SAV

 

José ORION 54 118

 

 

 


Identifing parts for Onan water flange

Olaf Bauer
 

Hello AMELians,

 

When ordering parts for the Onan generator some questions were coming up:

 - Which ground I required? The negative ground or isolated ground (PN# 300-5040 or 300-5041)?

 - The 12V and  24V Negative ground or 12V isolated ground (PN# 193-0318 or 193-0457-01)?

 

The Onan generator is Type 7MDKAV-2317 MDKAV 7 kW 50 Hz Diesel

 

Could someone help me on that or tell me how I could find that out?

 

Thanks in advance.

Fair winds

Olaf

 

S/V Katchopine, SM2K 392

currently in Trinidad

 


Re: Self Insurance

Danny and Yvonne SIMMS
 

This sounds a bit like a mini lloyds syndicate

On 20 May 2020 at 08:45 "Patrick McAneny via groups.io" <sailw32@...> wrote:

Teun,
To address your input in order.

1. I agree we  don't want to get involved in managing this self insurance. That is why I said from the start, that there would need to be a paid administrator ,and I suggested an annual fee of perhaps .20% of boat value to cover expenses.Kent suggested a voluntary board to provide guidance .

2. 1.5 million in a reserve fund would seem adequate to cover three boats lost in a single year,which is very unlikely. The fund could be replenished by an assessment to all members to bring the fund back up to the prior balance. Keep in mind this is only meant to share the risk of a total lose ,not if you run into a piling and scratch your hull. So if a boat was a total  lose and the payout was $250,000. and assuming we had 200 members ,each member would pay into the fund $1,250, their share of the lose.

3. I don't even know what a synthetic structure is,so don't have much to say about that, I read that and just throw up my hands ,you win ! I do agree with you, that many may not realize the changes in the insurance industry until its time to renew their policy. I also agree that we need to determine the level of interest, and many with a policy in force at this time may not be,understandable. Brent has made up a survey ,very well done and it will be presented to the group to determine interest. It may be ahead of its time ,but I think its time will come. if we lack interest at this time ,we will put it on the back burner for now and revisit when things in  the industry get worse. We don't want to spin wheels and write emails for nothing, at least I don't,my two fingers get sore !

Be Safe,
Pat
SM Shenanigans






-----Original Message-----
From: Teun BAAS <teun@...>
To: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 4:03 pm
Subject: Re: [AmelYachtOwners] Self Insurance

Below from Mark’s friend reflects exactly what I mentioned last week. It is no longer a matter of cost but “can I get it”.
 
On Pat and Ken’s Emails:
 
  1. I don’t think we want to get involved in managing this “self-insurance”.
 
  1. USD1.5 Million is no way enough but can be a reasonable buffer to start discussing a “synthetic” or “derivative” structure with a professional carrier such as LLOYD’s.
 
  1. Let’s first see if we really can come up with 200 interested owners; without any solid group of owners we will be nowhere in a discussion with a professional organization.
 
 
So far I have only seen “luke-warm” interest. I believe a lot of owners don’t realize what is really going on until personally confronted with refusal to renew as was my experience.
Q1 this year I was reading the thread on our AYOG Forum about insurance problems but didn’t think it would concern me as I had been with LLOYD’s for 2 years to be renewed every April.
 
January/February 2020 a fellow AMEL 54 owner asked me for the contact info of my South Pacific agent and I knew he was offered in February/March 2020 a similar cover with a similar premium as I had for the last 2 years. Knowing he got LLOYDS to insure him I was pretty certain my renewal would just be a formality UNTILL 1st week of April 2020 I was notified by my agent that LLOYDS no longer was in the sailboat insurance business.
 
That gave me 2 weeks to find an alternative .
 
So let’s first determine if we can come up with 200 really seriously interested AMEL owners; failing that we are just wasting time 😊 .
 
Best Regards Teun
SV AMELIT   A54  #128
 
In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA
May 19, 2020 13:03:09
 
USA cell: +1 832 477 8842
AUSTRALIA cell: +61 5951 8909
 
 
 
 
 
From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Mark Erdos via groups.io
Sent: Tuesday, May 19, 2020 11:08
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance
 
Just as an FYI - An agent I am friendly with who understands and brokers policies for the marine insurance business sent me this:
 
I can tell you that due to the many companies pulling out of the recreational marine insurance market, including the all important reinsurers, that availability will soon be the primary concern as opposed to affordability, especially for two people cruising long distances.
 
Hopefully the pendulum will swing back toward the sailors in the future.
 
He thinks things will get worse before they get better.
 
 
With best regards,
 
Mark
 
Skipper
Sailing Vessel - Cream Puff - SM2K - #275
Currently cruising - Tahiti, French Polynesia
 
 
 
 


Re: Self Insurance

Teun BAAS
 

Pat,

 

Apologies: didn’t realize the objective was only cover for TOTAL LOSS and/or possibly lightning damage.

 

Will refrain from commenting as this is not something I am interested in.

 

Again: my apologies for muddying your waters. 😊

 

Best Regards Teun

SV AMELIT  A54  #128

 

In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA

May 19, 2020 16:08:35

 

USA cell: +1 832 477 8842

AUSTRALIA cell: +61 5951 8909

 

You can follow AMELIT via this link: https://forecast.predictwind.com/tracking/display/AMELIT

 

 

From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Patrick McAneny via groups.io
Sent: Tuesday, May 19, 2020 15:33
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance

 

Teun, I guess I initiated this in a post a couple of days ago ,where I laid out what I envisioned , I won't rehash all the points ,but to keep it simple ,the only coverage was for a total lose minus a 10% deductible and perhaps lightning damage with a 30% deductible. This was not meant to be an insurance policy in the normal sense. Just a group each putting in a one time deposit into a reserve fund to spread the risk in the event of a total lose. I can't afford to lose all my equity in my boat,but if I hit piling ,ding my boat ,I am willing to assume that risk,since I have never damaged any boat in fifty years. I would still need to obtain liability insurance , I could still obtain full coverage ,but at a very low fixed value ,thus as you suggested the premiums should be much less.

 This will probably be my last reply on this subject until Brent's survey determine the interest level .I guess he or Kent will post a link to the survey they have written.

 

Thanks,

Pat

SM#123

 

-----Original Message-----
From: Teun BAAS <teun@...>
To: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 5:06 pm
Subject: Re: [AmelYachtOwners] Self Insurance

Pat,

 

  1. Nothing to do with winning – we are all looking for a solution for a problem most owners do not realize is coming at them.
  2. Synthetic or derivative concept is being used in financial & commodity (futures) markets. FE: before there were ethanol futures one could work out a balance/ratio between oil and corn futures and minimize risks in ethanol trading by hedging oil & corn. So in my concept we would sit down with a carrier (fe LLOYDS) and discuss a spread of risks between Ken’s AGIC and LLOYDS. If the AGIC group is sizeable I am pretty sure they will be open to a dialogue. .
  3. Sorry I might not have gotten the concept that the self-insurance was for total loss only. That being the case: if indeed a carrier is not on the hook for any total loss that might mitigate premium and/or reluctance to provide regular marine cover. It is a form of “re-insurance”; one of the main assets in Warren BUFFETS portfolio.

 

Best Regards Teun

SV AMELIT  A54  #128

 

In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA

May 19, 2020 14:04:44

 

USA cell: +1 832 477 8842

AUSTRALIA cell: +61 5951 8909

 

You can follow AMELIT via this link: https://forecast.predictwind.com/tracking/display/AMELIT

 

 

From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Patrick McAneny via groups.io
Sent: Tuesday, May 19, 2020 13:45
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance

 

Teun,

To address your input in order.

 

1. I agree we  don't want to get involved in managing this self insurance. That is why I said from the start, that there would need to be a paid administrator ,and I suggested an annual fee of perhaps .20% of boat value to cover expenses.Kent suggested a voluntary board to provide guidance .

 

2. 1.5 million in a reserve fund would seem adequate to cover three boats lost in a single year,which is very unlikely. The fund could be replenished by an assessment to all members to bring the fund back up to the prior balance. Keep in mind this is only meant to share the risk of a total lose ,not if you run into a piling and scratch your hull. So if a boat was a total  lose and the payout was $250,000. and assuming we had 200 members ,each member would pay into the fund $1,250, their share of the lose.

 

3. I don't even know what a synthetic structure is,so don't have much to say about that, I read that and just throw up my hands ,you win ! I do agree with you, that many may not realize the changes in the insurance industry until its time to renew their policy. I also agree that we need to determine the level of interest, and many with a policy in force at this time may not be,understandable. Brent has made up a survey ,very well done and it will be presented to the group to determine interest. It may be ahead of its time ,but I think its time will come. if we lack interest at this time ,we will put it on the back burner for now and revisit when things in  the industry get worse. We don't want to spin wheels and write emails for nothing, at least I don't,my two fingers get sore !

 

Be Safe,

Pat

SM Shenanigans

 

 

 

 

-----Original Message-----
From: Teun BAAS <teun@...>
To: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 4:03 pm
Subject: Re: [AmelYachtOwners] Self Insurance

Below from Mark’s friend reflects exactly what I mentioned last week. It is no longer a matter of cost but “can I get it”.

 

On Pat and Ken’s Emails:

 

  1. I don’t think we want to get involved in managing this “self-insurance”.

 

  1. USD1.5 Million is no way enough but can be a reasonable buffer to start discussing a “synthetic” or “derivative” structure with a professional carrier such as LLOYD’s.

 

  1. Let’s first see if we really can come up with 200 interested owners; without any solid group of owners we will be nowhere in a discussion with a professional organization.

 

 

So far I have only seen “luke-warm” interest. I believe a lot of owners don’t realize what is really going on until personally confronted with refusal to renew as was my experience.

Q1 this year I was reading the thread on our AYOG Forum about insurance problems but didn’t think it would concern me as I had been with LLOYD’s for 2 years to be renewed every April.

 

January/February 2020 a fellow AMEL 54 owner asked me for the contact info of my South Pacific agent and I knew he was offered in February/March 2020 a similar cover with a similar premium as I had for the last 2 years. Knowing he got LLOYDS to insure him I was pretty certain my renewal would just be a formality UNTILL 1st week of April 2020 I was notified by my agent that LLOYDS no longer was in the sailboat insurance business.

 

That gave me 2 weeks to find an alternative .

 

So let’s first determine if we can come up with 200 really seriously interested AMEL owners; failing that we are just wasting time 😊.

 

Best Regards Teun

SV AMELIT  A54  #128

 

In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA

May 19, 2020 13:03:09

 

USA cell: +1 832 477 8842

AUSTRALIA cell: +61 5951 8909

 

You can follow AMELIT via this link: https://forecast.predictwind.com/tracking/display/AMELIT

 

 

 

 

From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Mark Erdos via groups.io
Sent: Tuesday, May 19, 2020 11:08
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance

 

Just as an FYI - An agent I am friendly with who understands and brokers policies for the marine insurance business sent me this:

 

I can tell you that due to the many companies pulling out of the recreational marine insurance market, including the all important reinsurers, that availability will soon be the primary concern as opposed to affordability, especially for two people cruising long distances.

 

Hopefully the pendulum will swing back toward the sailors in the future.

 

He thinks things will get worse before they get better.

 

 

With best regards,

 

Mark

 

Skipper

Sailing Vessel - Cream Puff - SM2K - #275

Currently cruising - Tahiti, French Polynesia

 

 


Re: Self Insurance

Patrick McAneny
 

Teun, I guess I initiated this in a post a couple of days ago ,where I laid out what I envisioned , I won't rehash all the points ,but to keep it simple ,the only coverage was for a total lose minus a 10% deductible and perhaps lightning damage with a 30% deductible. This was not meant to be an insurance policy in the normal sense. Just a group each putting in a one time deposit into a reserve fund to spread the risk in the event of a total lose. I can't afford to lose all my equity in my boat,but if I hit piling ,ding my boat ,I am willing to assume that risk,since I have never damaged any boat in fifty years. I would still need to obtain liability insurance , I could still obtain full coverage ,but at a very low fixed value ,thus as you suggested the premiums should be much less.
 This will probably be my last reply on this subject until Brent's survey determine the interest level .I guess he or Kent will post a link to the survey they have written.

Thanks,
Pat
SM#123


-----Original Message-----
From: Teun BAAS <teun@...>
To: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 5:06 pm
Subject: Re: [AmelYachtOwners] Self Insurance

Pat,
 
  1. Nothing to do with winning – we are all looking for a solution for a problem most owners do not realize is coming at them.
  2. Synthetic or derivative concept is being used in financial & commodity (futures) markets. FE: before there were ethanol futures one could work out a balance/ratio between oil and corn futures and minimize risks in ethanol trading by hedging oil & corn. So in my concept we would sit down with a carrier (fe LLOYDS) and discuss a spread of risks between Ken’s AGIC and LLOYDS. If the AGIC group is sizeable I am pretty sure they will be open to a dialogue. .
  3. Sorry I might not have gotten the concept that the self-insurance was for total loss only. That being the case: if indeed a carrier is not on the hook for any total loss that might mitigate premium and/or reluctance to provide regular marine cover. It is a form of “re-insurance”; one of the main assets in Warren BUFFETS portfolio.
 
Best Regards Teun
SV AMELIT  A54  #128
 
In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA
May 19, 2020 14:04:44
 
USA cell: +1 832 477 8842
AUSTRALIA cell: +61 5951 8909
 
 
 
From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Patrick McAneny via groups.io
Sent: Tuesday, May 19, 2020 13:45
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance
 
Teun,
To address your input in order.
 
1. I agree we  don't want to get involved in managing this self insurance. That is why I said from the start, that there would need to be a paid administrator ,and I suggested an annual fee of perhaps .20% of boat value to cover expenses.Kent suggested a voluntary board to provide guidance .
 
2. 1.5 million in a reserve fund would seem adequate to cover three boats lost in a single year,which is very unlikely. The fund could be replenished by an assessment to all members to bring the fund back up to the prior balance. Keep in mind this is only meant to share the risk of a total lose ,not if you run into a piling and scratch your hull. So if a boat was a total  lose and the payout was $250,000. and assuming we had 200 members ,each member would pay into the fund $1,250, their share of the lose.
 
3. I don't even know what a synthetic structure is,so don't have much to say about that, I read that and just throw up my hands ,you win ! I do agree with you, that many may not realize the changes in the insurance industry until its time to renew their policy. I also agree that we need to determine the level of interest, and many with a policy in force at this time may not be,understandable. Brent has made up a survey ,very well done and it will be presented to the group to determine interest. It may be ahead of its time ,but I think its time will come. if we lack interest at this time ,we will put it on the back burner for now and revisit when things in  the industry get worse. We don't want to spin wheels and write emails for nothing, at least I don't,my two fingers get sore !
 
Be Safe,
Pat
SM Shenanigans
 
 
 


-----Original Message-----
From: Teun BAAS <
teun@...>
To:
main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 4:03 pm
Subject: Re: [AmelYachtOwners] Self Insurance
Below from Mark’s friend reflects exactly what I mentioned last week. It is no longer a matter of cost but “can I get it”.
 
On Pat and Ken’s Emails:
 
  1. I don’t think we want to get involved in managing this “self-insurance”.
 
  1. USD1.5 Million is no way enough but can be a reasonable buffer to start discussing a “synthetic” or “derivative” structure with a professional carrier such as LLOYD’s.
 
  1. Let’s first see if we really can come up with 200 interested owners; without any solid group of owners we will be nowhere in a discussion with a professional organization.
 
 
So far I have only seen “luke-warm” interest. I believe a lot of owners don’t realize what is really going on until personally confronted with refusal to renew as was my experience.
Q1 this year I was reading the thread on our AYOG Forum about insurance problems but didn’t think it would concern me as I had been with LLOYD’s for 2 years to be renewed every April.
 
January/February 2020 a fellow AMEL 54 owner asked me for the contact info of my South Pacific agent and I knew he was offered in February/March 2020 a similar cover with a similar premium as I had for the last 2 years. Knowing he got LLOYDS to insure him I was pretty certain my renewal would just be a formality UNTILL 1st week of April 2020 I was notified by my agent that LLOYDS no longer was in the sailboat insurance business.
 
That gave me 2 weeks to find an alternative .
 
So let’s first determine if we can come up with 200 really seriously interested AMEL owners; failing that we are just wasting time 😊.
 
Best Regards Teun
SV AMELIT  A54  #128
 
In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA
May 19, 2020 13:03:09
 
USA cell: +1 832 477 8842
AUSTRALIA cell: +61 5951 8909
 
 
 
 
 
From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Mark Erdos via groups.io
Sent: Tuesday, May 19, 2020 11:08
To:
main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance
 
Just as an FYI - An agent I am friendly with who understands and brokers policies for the marine insurance business sent me this:
 
I can tell you that due to the many companies pulling out of the recreational marine insurance market, including the all important reinsurers, that availability will soon be the primary concern as opposed to affordability, especially for two people cruising long distances.
 
Hopefully the pendulum will swing back toward the sailors in the future.
 
He thinks things will get worse before they get better.
 
 
With best regards,
 
Mark
 
Skipper
Sailing Vessel - Cream Puff - SM2K - #275
Currently cruising - Tahiti, French Polynesia
 
 


Re: Self Insurance

Teun BAAS
 

Pat,

 

  1. Nothing to do with winning – we are all looking for a solution for a problem most owners do not realize is coming at them.
  2. Synthetic or derivative concept is being used in financial & commodity (futures) markets. FE: before there were ethanol futures one could work out a balance/ratio between oil and corn futures and minimize risks in ethanol trading by hedging oil & corn. So in my concept we would sit down with a carrier (fe LLOYDS) and discuss a spread of risks between Ken’s AGIC and LLOYDS. If the AGIC group is sizeable I am pretty sure they will be open to a dialogue. .
  3. Sorry I might not have gotten the concept that the self-insurance was for total loss only. That being the case: if indeed a carrier is not on the hook for any total loss that might mitigate premium and/or reluctance to provide regular marine cover. It is a form of “re-insurance”; one of the main assets in Warren BUFFETS portfolio.

 

Best Regards Teun

SV AMELIT  A54  #128

 

In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA

May 19, 2020 14:04:44

 

USA cell: +1 832 477 8842

AUSTRALIA cell: +61 5951 8909

 

You can follow AMELIT via this link: https://forecast.predictwind.com/tracking/display/AMELIT

 

 

From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Patrick McAneny via groups.io
Sent: Tuesday, May 19, 2020 13:45
To: main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance

 

Teun,

To address your input in order.

 

1. I agree we  don't want to get involved in managing this self insurance. That is why I said from the start, that there would need to be a paid administrator ,and I suggested an annual fee of perhaps .20% of boat value to cover expenses.Kent suggested a voluntary board to provide guidance .

 

2. 1.5 million in a reserve fund would seem adequate to cover three boats lost in a single year,which is very unlikely. The fund could be replenished by an assessment to all members to bring the fund back up to the prior balance. Keep in mind this is only meant to share the risk of a total lose ,not if you run into a piling and scratch your hull. So if a boat was a total  lose and the payout was $250,000. and assuming we had 200 members ,each member would pay into the fund $1,250, their share of the lose.

 

3. I don't even know what a synthetic structure is,so don't have much to say about that, I read that and just throw up my hands ,you win ! I do agree with you, that many may not realize the changes in the insurance industry until its time to renew their policy. I also agree that we need to determine the level of interest, and many with a policy in force at this time may not be,understandable. Brent has made up a survey ,very well done and it will be presented to the group to determine interest. It may be ahead of its time ,but I think its time will come. if we lack interest at this time ,we will put it on the back burner for now and revisit when things in  the industry get worse. We don't want to spin wheels and write emails for nothing, at least I don't,my two fingers get sore !

 

Be Safe,

Pat

SM Shenanigans

 

 

 



-----Original Message-----
From: Teun BAAS <
teun@...>
To:
main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io>
Sent: Tue, May 19, 2020 4:03 pm
Subject: Re: [AmelYachtOwners] Self Insurance

Below from Mark’s friend reflects exactly what I mentioned last week. It is no longer a matter of cost but “can I get it”.

 

On Pat and Ken’s Emails:

 

  1. I don’t think we want to get involved in managing this “self-insurance”.

 

  1. USD1.5 Million is no way enough but can be a reasonable buffer to start discussing a “synthetic” or “derivative” structure with a professional carrier such as LLOYD’s.

 

  1. Let’s first see if we really can come up with 200 interested owners; without any solid group of owners we will be nowhere in a discussion with a professional organization.

 

 

So far I have only seen “luke-warm” interest. I believe a lot of owners don’t realize what is really going on until personally confronted with refusal to renew as was my experience.

Q1 this year I was reading the thread on our AYOG Forum about insurance problems but didn’t think it would concern me as I had been with LLOYD’s for 2 years to be renewed every April.

 

January/February 2020 a fellow AMEL 54 owner asked me for the contact info of my South Pacific agent and I knew he was offered in February/March 2020 a similar cover with a similar premium as I had for the last 2 years. Knowing he got LLOYDS to insure him I was pretty certain my renewal would just be a formality UNTILL 1st week of April 2020 I was notified by my agent that LLOYDS no longer was in the sailboat insurance business.

 

That gave me 2 weeks to find an alternative .

 

So let’s first determine if we can come up with 200 really seriously interested AMEL owners; failing that we are just wasting time 😊.

 

Best Regards Teun

SV AMELIT  A54  #128

 

In Storage on the hard in COOMERA (near BRISBANE) QLD AUSTRALIA

May 19, 2020 13:03:09

 

USA cell: +1 832 477 8842

AUSTRALIA cell: +61 5951 8909

 

You can follow AMELIT via this link: https://forecast.predictwind.com/tracking/display/AMELIT

 

 

 

 

From: main@AmelYachtOwners.groups.io <main@AmelYachtOwners.groups.io> On Behalf Of Mark Erdos via groups.io
Sent: Tuesday, May 19, 2020 11:08
To:
main@AmelYachtOwners.groups.io
Subject: Re: [AmelYachtOwners] Self Insurance

 

Just as an FYI - An agent I am friendly with who understands and brokers policies for the marine insurance business sent me this:

 

I can tell you that due to the many companies pulling out of the recreational marine insurance market, including the all important reinsurers, that availability will soon be the primary concern as opposed to affordability, especially for two people cruising long distances.

 

Hopefully the pendulum will swing back toward the sailors in the future.

 

He thinks things will get worse before they get better.

 

 

With best regards,

 

Mark

 

Skipper

Sailing Vessel - Cream Puff - SM2K - #275

Currently cruising - Tahiti, French Polynesia