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WAVE - around the world or half way!


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Hello, we actually used a broker in NZ to get this ins, and he is annoyed that it got cancelled on us too. but we paid him a good amount of money in the belief that he would sort it all for us.

the original survey in spain was to satisfy our original ins company (top sail) that the yacht was a good risk, but the surveyor was (in his words) very strict and will pull up any anomalies. but we were in a corner and he was available. in hind sight we should of waited and had some one else survey the yacht, as by his own admission he had never surveyed a yacht with a steel structural grid frame and this is the major problem now as he has said that the frame has to be exposed and re glassed into the hull. the new survey we had in feb this year also by a qualified surveyor that has inspected yachts with grid steel frames before said ours was fine. (also grand soleil have inspected it and said it is fine. But the insurance company still keep referring to the original survey that says the frame needs remedial work.! and this is why they cancelled on us. 

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Hi, created a new log in as we have sold Oracle and now own Wave, a grand Soleil 50 from 2005. as some will know we brought her last July in Croatia and are sailing back to NZ.  we have cros

this was taken recently when we antifouled Wave in St Lucia before Corona took over the world. 

Taken in Tobago Cays in the Grenadines a few weeks ago. this is a marine park, with lots of diverse wild life to look at in the water and on land, including Iguana's, Turtles, Tortises, coral, and of

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Hind sight yes. Am I'm correct u engaged the Spanish surveyor not the insurance company so assuming again you got the report and passed it on top the ins company. What's done cannot be undone unfortunstely. One small Ray of hope who signed the termination letter? The Marine department head or the general manager? If not the general manager then a request to him for a review could succeed as the department heads from my experience do not like to be seen that they have made a bad decision. The general manager if he is worth a grain of salt takes into consideration the bad publicity, fairness, reflections of the industry as a whole.

Your broker has he tried other Marine ins companies to get cover for you? Just because you used a nz broker do not automatically assume u got the best deal in NZ on offer. Given u the stats which can be verified from the internet the three islands that in 100 years have never had a hurricane hit. The ABC islands which are not far from where the boat presently is.  Did u try the ICA nz?

Bear in mind most companies accept total loss only applications. 

Appreciate your situation and being your own ins provider is not such a bad thing. 

Hope u have a satisfactory closure. Perseverance wins the majority of times.

As I said earlier once a insurance company declines a risk it's hard to get cover from the whole insurance sector. Have u had Marine ins previously with another ins company?

All the best and regards.

 

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Quite a while ago we got Pantaenius to change their policy wording. Their rules indicated non stop only up the Red Sea. That wasn't safe with small crews and the option of waiting head winds out behind a reef or in an Marsa far better. They changed it for us (and subsequent seasons) and we ended up with a picture of Infinity on their marketing for a while.

Quite a while ago now but they are a pretty good outfit at heart.

Only been to Bonaire of the ABC's, very nice but quite limited. The marina back then was tiny.

Trinidad a better option if you need work done or boat storage, but some personal security concerns back then. Not sure if it has changed.

The rules for the hurricane season used to be anywhere south of Grenada.

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6 hours ago, Wave said:

thanks for the tips, and yes we have had insurance for the last 20 years on our previous yacht in nz (Marsh) had a couple of claims in that time as well, they paid without questions.

.

Same insurance co is it u r at present having problems with.

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6 hours ago, Wave said:

thanks for the tips, and yes we have had insurance for the last 20 years on our previous yacht in nz (Marsh) had a couple of claims in that time as well, they paid without questions.

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What size where the claims did the claims come to more than than the premiums for the 20 year prriod. Where the claims close together and near the end of the 20 year period or in the first half of the , 20 year period. The answers to those questions could give u a clue to the Harding attitude.

Cheers and good luck.

Does not matter if the marina at Bonaire is tiny if they have a haul out area it would be worth considering if they have room.

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different insurance company to when we had Oracle insured, Oracle was insured only for coastal racing in NZ, Wave we had insured for Blue water ocean crossings. 

looks like we might be getting somewhere with a local ins company in the Caribben for coastal ins in the Caribbean . will post more here later. 

my wife just uploaded our latest Vlog on youtube too,  

 

 

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  • 3 weeks later...

hello, think we have insurance sorted now, new survey came out all good and getting insurance from Marsh that insured out last yacht for the past 20 years.

new thought, borders are slowly opening over here, though stilll have to do 2 weeks quarantine on your yacht. but now looking at options to get home, some friends have already gone to Panama, have quarantined and will be transiting soon. we are looking at this option, though when you get through Panama you can only stop at Tahiti and then straight to NZ, thus we are now looking to see if there would be one or 2 Kiwis with extensive blue water experience that would fly to Panama and assist for about 2 months to sail to NZ, My family (wife and 2 kids would most likely fly to NZ from there. 

Our Grand Soleil 50 is now well set up and sails easily 2 handed and is fast. 200nm days are easy. though we dont have a water maker or freezer.

if you know any one drop us a email  glen@cadserv.co.nz

our other option at present is to get into Grenada and quarantine for 2 weeks then put the yacht on a hard stand and all fly home to NZ, as there seems to be a few flights coming available in September. then fly back and continue on in a years time.   

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This is a great opportunity for someone to do this passage 

Probably the best cruising  sailing to be had, I’ve done this twice and would jump on board with Glen in a heart beat if my health allowed

If this opportunity eventuates then it shouldn’t be missed,  the pacific has some huge mileages but equally some of the best remotest locations.

Ideally you should keep your crew together Glen as I’m picking countries will open up ahead of you if you don’t t rush.

You can easily lose two weeks in Panama, in fact you are doing well to transit and provision in that time, plus if you can by then clear into the Marquises it takes way more than two weeks to get through French Poly

Hang in there mate you are living the dream of a lifetime and not missing out on much here.

J

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