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 at Lloyd's of London 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 at Lloyd's of London 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
Licensed insurance agent, Cyprus
- 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 at Lloyd's of London 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 syndicates at Lloyd's of London. 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 at Lloyd's of London 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.
Ready for a worldwide yacht insurance quote?
Send us the yacht and cruising area. Cover is placed at Lloyd's of London, with terms back in about 48 hours.