Nautilus Marine Insurance has launched a full suite of business covers in New Zealand for marinas, yacht clubs, boat dealerships and trades.

The specialist cover is distributed exclusively through brokers.

Executive director for New Zealand Andrew McFetridge says the sector’s risks are highly specialised and “we’re pleased to be significantly expanding Nautilus’ commercial offering in New Zealand and giving more businesses access to the knowledge and experience of our team”.

Nautilus has more than 100 staff and five offices across Australia and New Zealand.

It covers pleasure craft from sailing dinghies to luxury motor yachts, plus commercially operated boats and marine businesses.

Its industry lines division provides business insurance for the recreational boating market, including boat repairers and other trades.

Sydney-based Marina Industries Association CEO Suzanne Davies says the “expansion will provide operators and their brokers with greater choice and ... support the industry on both sides of the Tasman. We look forward to seeing the benefits this brings to New Zealand operators.”

Nautilus is a partner of the Auckland Boat Show, to be held in April.

Callum Gillespie, director at the New Zealand Marine Industry Association, says the new insurance suite is “very welcome” and Nautilus’ “support as official insurance partner of the 2027 Auckland Boat Show is a great demonstration of its commitment to our sector”.