EF Marine
EF Marine is a Singapore-based specialist founded in 2017 that provides Fixed Premium Protection and Indemnity (P&I) insurance to shipowners, charterers, and multimodal operators as a non-mutual alternative to traditional P&I clubs.
- Company typePrivate
- Founded2017
- HeadquartersSingapore, Singapore
- Headcount11–50
- GTM typeB2B
- OfferingServices
What EF Marine does
EF Marine is a Singapore-based, privately held marine insurance specialist founded in 2017. The company provides Fixed Premium Protection and Indemnity (P&I) solutions — a product category that offers shipowners, charterers, and multimodal operators a non-mutual alternative to the traditional mutual P&I club structure, with pricing fixed at policy inception rather than subject to mutual calls. The target customer base is broader than the conventional shipowner market, explicitly extending to charterers and multimodal logistics operators, indicating an intent to serve risks across the maritime and intermodal liability chain.
Operating with a headcount in the 11-50 range, EF Marine runs as a focused specialty underwriter rather than a balance-sheet-heavy insurer; this structure is consistent with a managing general agent (MGA) or cover-holder model where underwriting is performed on behalf of capacity providers. Its Singapore domicile gives it direct access to one of the world's leading maritime hubs, the regional shipowning community, and proximity to the London and international reinsurance markets that typically provide capacity for fixed-premium P&I paper. Folkert Strengholt serves as Chief Executive Officer. No revenue, premium volume, funding history, customer logos, or technology stack details are disclosed in the available data, which materially constrains any quantitative assessment of scale and growth.
EF Marine firmographics
Firmographics- Name
- EF Marine
- Website
- https://efmarinegroup.com
- Company type
- Private
- Founded year
- 2017
- Headcount range
- 11–50 employees
- Short description
- EF Marine is a Singapore-based specialist founded in 2017 that provides Fixed Premium Protection and Indemnity (P&I) insurance to shipowners, charterers, and multimodal operators as a non-mutual alternative to traditional P&I clubs.
- Ownership category
- akta.pro rank
EF Marine industry classification
Industry- Product category
- Marine Insurance
- NAICS
- Direct Property and Casualty Insurance Carriers (524126), Direct Insurance (except Life, Health, and Medical) Carriers (52412)
- SIC
- Fire, Marine & Casualty Insurance (6331)
- akta.pro primary industry
- Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH)
- akta.pro secondary industries
- Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Marine Reinsurance (FSAOADAA)
Keywords
Where EF Marine is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
EF Marine business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
EF Marine product offering
Product offeringCore offering
EF Marine provides Fixed Premium Protection and Indemnity (P&I) solutions to shipowners, charterers, and MultiModal operators. The firm structures marine liability insurance products on a fixed-premium basis as an alternative to traditional call-based P&I club coverage.
Differentiator
Problem solved
Functional benefit
Products and services
- Fixed Premium P&I Solutions
Companies that use EF Marine
Customer profileIdeal customer profiles1 record
EF Marine technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
EF Marine partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights3 records
EF Marine competitors and assessment
Company assessmentBroad incumbents
- The Swedish Club: International P&I and marine insurance mutual covering shipowners and charterers globally — direct product overlap with EF Marine's P&I offering.
- UK P&I Club: Large London-based P&I mutual serving shipowners and charterers globally with P&I, FD&D, and ancillary covers — operates in the same product category and serves the same core maritime insureds as EF Marine.
- The Shipowners' Club: Mutual P&I and related insurance provider for smaller and specialist vessels as well as charterers — peer that overlaps with EF Marine in the small-/mid-tonnage and charterer segments.
- Steamship Mutual: International P&I club providing P&I cover, reinsurance and related services to shipowners and charterers — same coverage category and mutual-club market position vis-à-vis EF Marine's fixed-premium P&I niche.
- Liberty Specialty Markets (Marine): Major commercial marine insurer offering P&I-style liability covers and marine package policies to shipowners and charterers — comparable commercial fixed-premium marine underwriting competitor to EF Marine.
- Britannia P&I Club: London-based P&I mutual underwriting shipowners and charterers — serves the same insureds and risk types as EF Marine, providing the competitive backdrop in P&I renewals.
- Gard: The world's largest marine P&I club providing mutual P&I cover to shipowners and charterers worldwide — directly comparable customer base and product to EF Marine's fixed-premium P&I, although distributed via the mutual club model.
- West of England P&I Club: P&I mutual servicing shipowners and charterers with a similar product mix to EF Marine, including cover for non-vessel-owning charterers — a direct competitor in the P&I renewal cycle.
- The Standard Club: Major P&I mutual part of the Standard Club group, serving shipowners, charterers, and offshore operators — directly comparable in product scope and target customer segments.
- QBE Marine: Commercial fixed-premium marine insurer (hull, P&I, cargo) within QBE — a more directly comparable fixed-premium commercial P&I writer to EF Marine, sharing pricing and distribution dynamics.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
EF Marine social profiles
Digital presenceEF Marine financial estimates
Financial estimateRevenue estimate
Valuation estimate
EF Marine leadership team
Management profileNumber of profiles
Profiles1 record
EF Marine funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EF Marine M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EF Marine
What does EF Marine do?
EF Marine provides Fixed Premium Protection and Indemnity (P&I) solutions to shipowners, charterers, and MultiModal operators. The firm structures marine liability insurance products on a fixed-premium basis as an alternative to traditional call-based P&I club coverage.
When was EF Marine founded?
EF Marine was founded in 2017. It employs 11 to 50 people.
Where is EF Marine based?
EF Marine is headquartered in Singapore, Singapore, in the Asia region.
Who are EF Marine's main competitors?
Broad incumbents on record are The Swedish Club, UK P&I Club, The Shipowners' Club, Steamship Mutual, Liberty Specialty Markets (Marine), Britannia P&I Club, Gard, West of England P&I Club, The Standard Club and QBE Marine.
Does EF Marine have an API?
No public API is recorded for EF Marine.
What industry is EF Marine in?
EF Marine's product category is Marine Insurance. Its primary akta.pro industry code is FSAJAHAH, Protection & Indemnity (P&I) / Marine Liability Insurance, with a secondary code of FSAJAGAJ, Marine Specialty (Hull/P&I/Cargo). Its NAICS code is 524126 and its SIC code is 6331.