ABACO Ltd was established in 1990 to provide independent expert advice in the field of Maritime Law & Marine Insurance. Being in shipping industry for more than three decades there is little that we have not already seen and done.
Our mission is to keep our clients satisfied by providing them practical legal and technical advice and the highest quality professional services, in accordance with their needs and expectations and in full compliance with international and national legislation, as well as other industry standards and guidelines. Dedicated to the concept of quality management, our firm always strives to provide services that meet or exceed our clients’ expectations.
Our clients include ship owners and operators, yacht owners, charterers, H&M Underwriters, P&I Clubs, insurance companies, foreign law firms, individual seafarers, trade unions, individual business persons and entrepreneurs, stevedoring companies, terminal operators, shipyards, bunker suppliers, oil & gas companies, financial institutions, port authorities, governmental bodies, trading companies and other transport intermediaries and their insurers.
About ABACO Ltd
Founded in 1990
50 people in their team
Practice areas
Languages spoken
Practice areas
Business
Having in-depth knowledge of marine insurance claims and insurance theory and practices, with great success and efficiency we represent our clients in court and out of court legal recourse for insurance compensation. We are also acting as external advisors to a number of the world’s largest marine insurers and reinsurers.
It is worth noting that from 1979 until 1990 one of our founders has served as the Head of Marine and Aviation Department of the biggest insurance company in Montenegro insuring more than 40 ocean-going vessels and about 300 small costal craft.
Having extensive experience in marine insurance claims, our team has resolved a great number of marine insurance coverage disputes ranging from small pleasure yachts to common commercial sea-going vessels.
Hence, our team is highly competent in marine insurance law, particularly in the area of damage to vessels and port installations, collision and grounding of vessels and total loss.
If your Insurers have wrongfully denied or devalued your marine insurance claim, we are able and willing to assist you in order to resolve your insurance coverage dispute, effectively and efficiently.