About us

About World Yacht Insurance

World Yacht Insurance is a yacht-insurance introducer arranging hull and liability cover for sail and motor yachts worldwide, including the Caribbean, placed in the London market through London Marine Insurance Services Ltd, a Lloyd's-accredited broker. It is operated by Costas Matheou, a licensed insurance agent in Cyprus.

We are a specialist introducer, not an insurer. Our job is to pre-qualify your yacht, put it in front of the right Lloyd's-market broker, and help you bind cover that actually follows you offshore, from Florida to the Caribbean, the Mediterranean and beyond.

What we do

  • Arrange agreed-value hull and liability cover up to $5M for sail and motor yachts.
  • Cover worldwide navigation, including the Caribbean, the Mediterranean and Mexico.
  • Place risks in the London market through London Marine Insurance Services Ltd, a Lloyd's-accredited broker.
  • Publish honest, primary-source terms — deductibles, exclusions and premium bands up front.

Who runs World Yacht Insurance

Costas Matheou

Costas Matheou

Licensed insurance agent

  • Supervised by the Cyprus Insurance Companies Control Service (ICCS)
  • Compliant with the EU Insurance Distribution Directive (IDD)
  • Co-founder of DigiCare Insurance

Verify and connect

Costas Matheou is a Cyprus-licensed insurance agent and the co-founder of DigiCare Insurance, with a background across motor, health, property and business insurance. He operates World Yacht Insurance, arranging yacht hull and liability cover placed in the London market through specialist marine brokers.

Areas of expertise

  • Yacht and marine insurance
  • Cross-border and worldwide cover
  • Claims liaison in Greek and English
  • Insurance distribution and compliance (EU IDD)

Speaks Greek and English.

How your cover is arranged

You deal with a licensed agent, but the cover itself is placed with a Lloyd's-accredited broker and underwritten by the insurers behind that facility. Every link in that chain is named and verifiable.

World Yacht Insurance is a trading name of Costas Matheou, a licensed insurance agent in Cyprus, and introduces business through AKD Insurance (A.K. Demetriou Insurance Brokers Ltd, Cyprus). Cover is arranged and placed in the London market by London Marine Insurance Services Ltd, a Lloyd's-accredited broker authorised and regulated by the UK Financial Conduct Authority, firm reference 308599. World Yacht Insurance is not an insurer and does not carry risk.

Where to go next

What We Arrange, and Where to Read About It

This page is about who we are. If you came looking for cover, prices or a quote, these are the pages that answer directly. Our pillar page covers what the policy includes, what it costs and how to buy it.

Start with worldwide yacht insurance for the full picture, or go straight to the page for your vessel or cruising ground.

Looking for a yacht insurance broker? Your cover is placed by London Marine Insurance Services Ltd, a Lloyd's-accredited broker, FCA firm reference 308599. Our how it works page names every party in the chain and explains who pays your claim.

Get a quote

Ready for a worldwide yacht insurance quote?

Send us the yacht and cruising area. Cover is placed in the London market, with terms back in about 24 hours.

  • No obligation
  • every underwriting question asked upfront
  • a licensed Cyprus agent reviews every enquiry

Also on WhatsApp, Telegram and Viber

Quote request

~24h
Step 1 of 5Yacht

The yacht

The basics an underwriter rates the hull on.

Every question is required unless it is marked optional.

The flag state on her registration papers, not where she is berthed.

We use these details only to prepare your quote. No spam, we never sell your data, and nothing here commits you to buy. Read the privacy notice