Pantaenius Yacht Insurance Celebrates Milestone

The traditional Hamburg-based company has been an integral part of the water sports world for around 50 years. In addition to its headquarters in Germany, Pantaenius has offices in North America, Australia, Scandinavia, United Kingdom and the Mediterranean region. After around five decades of steady growth, Pantaenius Yacht Insurance has reached an important milestone in the company's history with the conclusion of the 100,000th active insurance contract at this year's boat show in Düsseldorf.

In order to celebrate the historic brand, the jubilee customer receives free insurance cover for a period of one year, reports Managing Director Martin Baum: 'We are happy and proud of the trust placed in us by water sports enthusiasts all over the world. When my father decided in 1969 to develop an insurance solution specifically for boat owners, he certainly had no idea where Pantaenius would be half a century later.

'Nevertheless, not only our company has grown, but also the challenges to which our company's success must be measured are becoming increasingly demanding. The fact that we are able to celebrate the 100,000th customer at Pantaenius Yacht Insurance today once again encourages us to continue to offer the best insurance coverage and service available to our customers in the future.'

Photo credit: Pantaenius 

The anniversary customer Mr. Joerg Lotz from the Rhine Erft area in Germany is pleased to be the recipient of such an unexpected present, and looks forward to many trips on his newly acquired Nauticat 321: 'It was as a member of the DSV that I first became aware of its insurance partner, Pantaenius. The advantages for KA members and the extensive coverage provided by the Pantaenius policy convinced me to contact them. Visiting their stand at boot Dusseldorf meant that I could talk to someone about my insurance requirements in person and take up immediate cover.'

In the summer, Mr. Lotz plans to explore the Swedish West Archipelago from Maasholm and then sail up to Oslo. Prior to this, he plans to pick-up the new ship personally at the shipyard in Turku, Finland.

Martin Baum affirmed, 'We would like to take this opportunity to thank all Pantaenius customers once again for their loyalty and trust. We wish all sailors, motorboat owners, skippers and charterers a great water sports season in 2018 and are already looking forward to the next anniversary.'