Yachtsman Euromarine

What Yachtsman Euromarine does

Yachtsman Euromarine is an Irish marine insurance intermediary, trading as M.J O'Neill (Insurances) Limited, headquartered in Naas, Co. Kildare and regulated by the Central Bank of Ireland. The firm specializes exclusively in boat insurance for the Irish market, offering a portfolio of vessel-specific products spanning cruising yachts, motor cruisers, RIBs, dinghies, lake boats, fast fishers, racing yachts, skipper charter operations, barges/narrowboats, and sailing clubs. Core coverage tiers are third-party only (entry from €90-€200 per annum depending on vessel) and comprehensive (entry from €110-€230 per annum), with policies underwritten via Lloyd's of London capacity providers and the firm registered on Spain's DGSFP Register of European Brokers.

The company operates a digital-first distribution model: customers obtain instant online quotes via a four-step self-serve flow on yachtsman.ie and receive a 10% discount for online purchase, with phone (+353 45 982668) and email ([email protected]) backup for assisted sales and claims handling. A separate Spanish-language site (yachtsman.es) extends reach into Spain. The underlying technology stack is described as a web-based quoting and policy management platform with no proprietary AI/ML or algorithmic systems; underwriting and risk selection are delegated to product providers rather than performed in-house.

The revenue model is commission-based on placed premiums (27.5% on pleasure craft, 22.5% on marine trade) plus administration fees (up to €50 on pleasure craft new/renewal, €150 on marine trade, plus midterm adjustment and duplicate documentation fees) and ancillary advisory fees (€250 boat check). Founded in 1975, the firm operates with 11-50 employees, claims 50+ years of specialist experience, and reports a 4.8/5 Google rating across 87 reviews. No external funding, M&A, or institutional investors are disclosed.

Name

Yachtsman Euromarine

Legal name

M.J O'Neill (Insurances) Limited

Website

https://yachtsman.ie

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

Yachtsman Euromarine is an Irish marine insurance intermediary, regulated by the Central Bank of Ireland, that sells vessel-specific boat insurance policies (yachts, motor cruisers, RIBs, dinghies, racing yachts, charter operators, sailing clubs) to Irish and Spanish recreational and small-commercial boat owners via a digital self-serve platform and Lloyd's-backed capacity providers.

Ownership category

akta.pro rank

Product category

Marine Insurance Brokerage

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Yacht & Pleasure Craft Insurance (FSAJAHAI)

akta.pro secondary industry

Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH)

Keywords

• Marine insurance brokerage
• Boat insurance Ireland
• Pleasure craft insurance
• Marine trade insurance
• Yacht insurance specialist

Headquarters

HQ city

Naas

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Insurance Commission - Pleasure Craft: Yachtsman earns commission on pleasure craft insurance policies placed with insurance providers. Commission rate is 27.5% of premium. They may also receive additional payments from insurers based on profit-sharing arrangements.
2. Insurance Commission - Marine Trade: Commission on marine trade/commercial insurance policies at 22.5% of premium.
3. Administration Fees: Fees charged for policy administration: up to €50 on new or renewal business for pleasure craft, €150 on marine trade policies, €25 midterm adjustment fee, €20 for duplicate documentation.
4. Advisory Services: Boat check service advisory fee of €250.00.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels9 records

Core offering

Yachtsman Euromarine is a regulated Irish marine insurance intermediary (broker) that places boat insurance policies with Lloyd's-backed underwriters on behalf of boat owners. The company sells third-party liability and comprehensive cover across a broad product portfolio covering cruising yachts, motor cruisers, lake boats, RIBs, dinghies, fast fishers, racing yachts, barges, narrowboats, sailing clubs, and skipper-charter operators. Customers receive instant online quotes via the website, complete digital purchase, and ongoing claims and renewal support.

Product overview

Yachtsman Euromarine operates as a marine insurance specialist offering a portfolio of distinct boat insurance products across Ireland. The core offering consists of two main coverage tiers—Third Party and Comprehensive boat insurance—serving as the foundational products from which specialized variants are derived. The product line spans multiple vessel categories including Cruising Yacht Insurance, Motor Cruiser Inland Waterways Insurance, Lake Boat Insurance, Dinghy Insurance, Fast Fisher Boat Insurance, Racing Yacht Insurance, Skipper Charter Insurance, Barge and Narrowboat Insurance, Sailing Club Insurance, and RIB Insurance. Coverage types range from basic third-party liability (starting at €90-€230 depending on vessel type) to full comprehensive protection (starting at €110-€230), with premium pricing varying by boat type, usage, and cruising area. The company also offers supplementary services including policy renewal, claims processing, and advisory boat check services. The portfolio is distributed through an online platform enabling instant quotes and purchases, supplemented by phone and email customer support.

Differentiator

Problem solved

Functional benefit

Products and services

• Third Party Boat Insurance Entry-level boat insurance covering third-party liability for damage or injury caused to others, starting from €200 per annum. Designed for personal-use vessel owners seeking minimum legally compliant cover.
• Comprehensive Boat Insurance Full-coverage boat insurance protecting against accidental damage, theft, fire, vandalism, storm damage, and third-party liability, starting from €230 per annum for personal-use recreational vessel owners.
• Cruising Yacht Insurance Tailored insurance for sailing yacht owners covering coastal and Mediterranean cruising, including up to €6,500,000 increased third-party liability cover and European navigation limits.
• Motor Cruiser Inland Waterways Insurance Specialized insurance for motor cruisers operating on Irish inland waterways such as the Shannon, Erne, and canals, covering all sizes and types from water-skis to prestige boats.
• Lake Boat Insurance Insurance for boats operating on Irish lakes and inland waterways including Lough Derg, Lough Ree, Lough Corrib, and the Erne system, covering vessels up to 24 ft in length with third-party cover from €90 per annum and comprehensive from €110 per annum.
• Dinghy Insurance Insurance for sailing dinghies covering accidental damage, theft, storm damage, and third-party liability, including racing risks and transit cover for competitive and recreational dinghy sailors.
• Fast Fisher Boat Insurance Specialized insurance for fast fisher angling boats covering hull and machinery, third-party liability, fishing gear and equipment, and transit or trailer cover for high-performance angling boat owners.
• Racing Yacht Insurance High-liability insurance for competitive offshore racing yachts covering rigging, mast, sails, crew liability, and emergency salvage with minimum €3–5 million third-party coverage.
• Skipper Charter Insurance Specialist insurance for skippers and tour operators carrying fee-paying passengers for sightseeing, fishing charters, diving excursions, or coastal tours, with passenger liability requirements.
• Barge and Narrowboat Insurance Tailored insurance for barges and narrowboats with asset protection, liability coverage, flexible cruising-area policies, personal effects cover up to €500, and tender inclusions up to €500.
• Sailing Club Insurance Comprehensive insurance for sailing clubs covering third-party liability up to €3,000,000, club boats, equipment, personal accident, and marine property for sailing clubs and similar organizations.
• RIB Insurance Insurance for Rigid Inflatable Boats (RIBs) covering coastal and offshore use with comprehensive protection options for owners of RIBs and high-speed powerboats.

Quantifiable outcome

• Instant online quote available within 30 seconds for cruising yachts
• +3 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Lloyd's (via insurance providers)coreOthersYachtsman insurance products are backed by Lloyd's of London, one of the world's leading insurance markets. Lloyd's provides financial stability and reinsurance capacity for the policies offered.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Craftinsure: UK specialist boat insurance provider/broker serving sailing clubs, dinghy sailors, RIBs, motor cruisers and inland waterway users with online quote-and-bind capability. Competitor with the same digital-first, single-niche focus and similar vessel-type taxonomy as Yachtsman.
• Navigators & General: UK specialist marine insurance broker offering yacht, motorboat and small-craft policies via a national broker network and direct channels. Directly comparable in target customer (UK & Ireland leisure boat owners), product structure (third party/comprehensive tiers, racing extensions) and commission-based intermediary model.
• NMU (Northumberland Marine Underwriters / Travelers Marine): Specialist marine underwriter providing yacht, small commercial craft and boat insurance across the UK and Ireland via broker partners. Directly relevant as an underwriting counterparty type that Yachtsman distributes to, and as a competitor for the same risk pool.
• BoatUS: US-based specialist recreational boating organisation with a marine insurance arm underwriting boat, yacht and PWC policies through GEICO Marine. Comparable as a niche, member-oriented, digital-first boat insurance specialist even though geographic scope differs.
• Pantaenius: German-based specialist yacht and pleasure-craft insurance broker serving European boating markets. Closest comparable by business model: focuses exclusively on marine/yacht insurance, places with Lloyd's and other A-rated underwriters, and serves sailing, motor cruiser and racing segments — the same vessel mix as Yachtsman Euromarine.
• McGill & Co: Long-standing UK marine insurance broker focused on yachts, motor cruisers and marine trade risks. Comparable specialist intermediary model targeting UK and Irish leisure and small-commercial marine customers.
• Barringtons Marine Insurance: UK marine insurance broker/agency focused on leisure craft and small commercial marine with broker partnerships. Comparable niche specialist with overlapping customer segments (sailing, motor, RIB) and a similar intermediary distribution model.

Regional players

• Arachas Insurance Brokers: Large Irish multi-line insurance broker with corporate, commercial and personal lines including marine/specialty. A domestic Irish competitor that competes for the same SME and consumer insurance budget, though not a pure-play marine specialist.

Broad incumbents

• Howden Insurance Brokers (Marine): Large multi-line UK/global insurance broker with a dedicated marine practice covering yacht, marine trade and cargo. Larger incumbent competitor offering marine as part of a wider portfolio rather than as a pure specialist.
• Allianz Marine: Global insurer with a marine/yacht insurance product line selling into European leisure-craft markets through brokers and direct channels. Large incumbent exercising competitive pressure on specialist intermediaries like Yachtsman via scale and brand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/yachtsman_ie
• Facebookfacebook.com/yachtsman.euromarine
• LinkedInlinkedin.com/company/yachtsman-euromarine
• Instagraminstagram.com/yachtsman.euromarine
• Pinterestie.pinterest.com/yachtsman_euromarine

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yachtsman Euromarine