Why do you need specific rail insurance cover?

We recognise that rail companies face a number of sizeable risks in their day-to-day operations. In response we can provide insurance solutions for all types of rail organisations, including; passenger service and freight operators, rolling stock leasing companies, locomotive owners, heritage railways, storage facilities, maintenance and engineering companies, rolling stock and product manufacturers and professional service companies.

  • Bespoke solutions
    By creating rail specific solutions built to your exact needs, we can help protect your rail assets, revenue, legal liabilities and your reputation. We will help to identify potential exposures that could leave your business vulnerable or that could fail to meet contractual or regulatory requirements.
  • Highly specialised insurance
    Our rail insurance specialists have extensive market knowledge, which means you can rely on our insight, advice and support. Reassuringly, one of our rail insurer partners look after three of the top five railway companies in the world.
  • Rail claims support
    When it comes to claims - don’t worry, we have first-hand experience of resolving complex rail claims arising from incidents such as; fires, collisions, breakdowns, derailments, lost revenue, cancellation, and passenger, employee and volunteer injury. So we are here for you when you need it most.

How we can help

At Marsh Commercial, we don’t just sell insurance. We find better ways to manage your unique risks, protect your assets and people, and free up capital to support your growth. While part of a world-leading insurance group, we’re proud to be a UK community broker with a local branch network the length of the country. Combining the power of Marsh with the passion of our people; world-class expertise with a personal touch, all on your doorstep.

Key features

  • Protecting rail vehicles - all risks for owned and hired-in rail vehicles anywhere in the UK extending to breakdown, re-railing and recovery and explosion and collapse
  • Protecting assets and infrastructure – machinery, tools, stock and buildings
  • Protecting revenue - loss of revenue following an insured event, such as a fire, theft or breakdown
  • Protecting liabilities - employers liability, third party liability to £155m, professional indemnity, management liability, cyber liability
  • Protection for schedule 8 performance regime penalty costs – should your rolling stock, where we arrange damage and breakdown cover, suffer an insured incident which causes a delay to other parties on the mainline, we can arrange cover for your financial penalty up to the incident cap under the performance regime.

What we do

We arrange insurance cover for the entire spectrum of rail organisations including:

  • Innovative and Office of Rail and Road (ORR) compliant third party liability insurance for the UK’s best known mainline train and freight operating companies.
  • Damage and breakdown insurance for the majority of mainline steam locomotives.
  • Property and liability insurance for fleet maintenance, engineering and storage companies.
  • Professional indemnity insurance for rail technology companies.
  • Insurance for rolling stock product design and manufacture companies.
  • Public liability insurance for rail industry events.
  • Tour operators liability for rail tour organisers.
  • Train and freight operating companies.

We are also proud to insure a number of the UK’s best known train operators, including the operation of excursion passenger trains, commuter services and freight.

Rolling Stock Insurance

If you provide safe and reliable rolling stock for short-term operations or long term hire, we can offer our expertise in insuring companies like yours that own, maintain and overhaul all types of rolling stock and associated equipment.

Mainline and heritage locomotives

Dedicated to preserving and operating historic steam and diesel locomotives on the mainline and heritage railways of Great Britain? Let us help to arrange the appropriate damage, breakdown, revenue protection and liability insurance. It might be comforting to know that we arrange insurance for the majority of mainline registered locomotives.

Maintenance Facilities

For any modern or heritage rolling stock engineering and restoration company such as boiler and mechanical specialists, we’re here to help protect you. Whether that’s for train servicing and routine fleet maintenance, or the heaviest of vehicle component and re-engineering projects for passenger, freight and infrastructure fleet owners, you can count on us.

Storage facilities

Whether you have kilometres of sidings, warehousing with large capacity for storage of third party rolling stock, wheel-sets, bogies, furnishings, body shells or general components, we won’t let you down. Reassuringly, we already have experience looking after the insurance needs of the UK’s largest and most extensive storage facilities.

Rail product design and manufacture

Busy creating innovative and leading designs and developing through to manufacture? Or perhaps providing service and infield product support, or building on established product lines and creating new products for today’s marketplace? Then we’ve got you covered.

Heritage Railways

For those dedicated to preserving Britain’s heritage and recreating the golden age of steam for thousands of passengers every year, let us protect you and your business. Whether that’s heritage traction and rolling stock, infrastructure, revenue, volunteers and passengers we can help ensure you have the right cover in place should an accident occur.

Rail infrastructure

If you carry out building, civil engineering and utility services on Network Rail’s infrastructure, then we can provide significant experience and advice in arranging insurance for companies like yours.

Frequently asked questions

What cover will my rail organisation require?
There is no one size fits all approach. In most cases we will meet with you and seek to fully understand your rail organisation and the risks you face both now and in the future. We will then create a thorough risk presentation for our partner rail insurers and build a comprehensively layered cost-effective insurance solution, tailored to your exact needs.
Why do I need a rail specialist insurance programme?
‘Off the shelf’ insurance policies are not designed for rail exposures and we find they contain gaps in cover that may leave rail organisations exposed to risk. In serious cases this may mean failing to meet contractual or regulatory requirements. We have created bespoke, rail-specific policies that eliminate these gaps and widen policy coverage. This ensures that your business and people remain protected.
Can you arrange cover for mainline activities?
We have vast knowledge of mainline operations built over 25 years. We insure Passenger Train and Freight Operating Companies that operate rail vehicles on the mainline. We insure Entities in Charge of Maintenance (ECM) that maintain mainline rail vehicles. We also insure the majority of mainline registered steam locomotives. Our rail policies are fully compliant with the Office of Road and Rail’s requirements for operators and, where appropriate, we can arrange Third Party Liability to £155 million.
What other services do you offer?

Our proposition is wider than insurance protection. We can provide:

  • Contract review service - we analyse your hire/operating agreements to ensure you meet contractual requirements.
  • Risk Management specific to rail.
  • Claims support with a dedicated rail claims manager.
  • Other insurances and services – Engineering Inspection, Professional Indemnity, Management Liability, Cyber Liability, Fleet, Environmental Liability and more.
  • Wider proposition – includes Group Life, Healthcare, Employee Benefits, Pensions and Financial Planning.