Marine & Aviation — specialty for hulls, cargo, aircraft

No, and we're transparent about it: marine and aviation are specialty lines supported via configuration, not a historical core domain. The platform is sized and typically supports these lines in a Lloyd's coverholder context for clients already operating in surety: cargo in transit, hull, aircraft hull, shipowners' TPL, aviation and airport liability can be configured leveraging the flexibility of policy templates and the BDX module. For pure marine/aviation portfolios with high volumes we recommend a dedicated PoC to assess fit.

For Italian coverholders issuing under Lloyd's binders, the issued certificate must match the terms of the MRC negotiated in London. NewPicass 14.Net handles: bilingual MRC templates (Italian + English, with the legal text typically prevailing in English), MRC fields → local certificate mapping, validation against slip clauses, document issuance for the insured and for Lloyd's. The AI translation module assists in generating consistent bilingual versions.

Yes, it's one of the platform's strengths for specialty too: the BDX management module produces ACORD-standard bordereaux (premium BDX, claims BDX) for Lloyd's reinsurers, syndicates and fronting. ACORD-schema compliance, reference validation, period aggregation (monthly/quarterly), exception report for anomalies, digital sign-off of the bordereau.

Shipowners' liability is typically not insured by traditional companies but by mutual P&I Clubs (Gard, North, Britannia, Skuld, etc.). If you are a company operating in marine hull or cargo, the platform supports these lines via configuration. Shipowners' liability and specific P&I Club aspects are not in our native perimeter: we coordinate with your P&I broker for documentary flow but the risk is not handled directly by the platform.

Cargo all-risks is the broadest cover for goods in transit: covers all accidental damage to the goods from origin to destination (Institute Cargo Clauses A or German DTV). Standard exclusions: inherent vice, delay, wilful misconduct, war and strikes (covered separately). Used for valuable or accident-sensitive cargo, typically valued as "commercial value + 10% margin + freight". NewPicass handles ICC A/B/C, war & strikes, open-cover policies for regular exporters.

Yes. Fronting (Italian insurer issuing on behalf of a foreign reinsurer not licensed in Italy) is common practice in specialty. The platform handles: local issuance compliant with Italian regulation, 100% (or near) cession to the foreign fronter, technical-accounts management, document generation for IVASS, authorisation-responsibility management. Typical for global programmes of large industrial groups insured in London but with Italian exposures.