Marine Benefits

What Marine Benefits does

Marine Benefits AS is a Norwegian private insurance specialist founded in 2006 and headquartered in Bergen, operating as a wholly-owned subsidiary of Norwegian Hull Club (one of the world's largest marine insurers, established 1837). The company designs, prices, and administers global health insurance solutions tailored exclusively for seafarers and their families, serving shipowners and ship management companies across more than 90 nations. Its core portfolio comprises two flagship insurance products — the Medical Plan (covering seafarers on leave and family members year-round) and Seafarer Care 365 (extending the Medical Plan to 24/7/365 work-related coverage including repatriation, crew replacement, and disability/death benefits) — augmented by modular add-ons (Re:mind Online Wellbeing for mental health with psychologist access within 72 hours, and G+ Advanced Analytics for anonymised claims and utilisation insight under a PITA framework). A recurring revenue model based on annual insurance premiums paid by shipowners and ship managers underwrites the business, with prices quoted per workforce composition (number of seafarers, countries of residence, family member counts, coverage limits).

Name

Marine Benefits

Legal name

Marine Benefits AS

Website

https://marinebenefits.no

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Marine Benefits AS provides global health insurance and wellbeing solutions for seafarers and their families, serving shipowners and ship management companies across 90+ nations through tailored policies and a 30,000+ facility medical network.

Ownership category

akta.pro rank

Product category

Maritime Insurance

SIC

Accident & Health Insurance (6321)

akta.pro primary industry

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

Keywords

• Maritime health insurance
• Seafarer insurance solutions
• Crew welfare programs
• Marine insurance services
• Maritime wellbeing platforms

Headquarters

HQ city

Bergen

HQ country

Norway

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Health Insurance Premiums: Recurring insurance premiums paid by shipowners and ship management companies to provide health coverage for seafarers and their families. Pricing based on number of seafarers, countries of residence, family members, and coverage limits required. Premiums are tailored to employer requirements with flexible limits.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Marine Benefits provides global health insurance solutions for seafarers and their families, covering medical treatment costs in home countries, family coverage year-round, mental health support, and work-related coverage. Products include the Medical Plan, Seafarer Care 365, Re:mind Online Wellbeing, G+ Advanced Analytics, and the Re:fresh health study programme, all delivered through a global medical network spanning 30,000+ facilities across approximately 120 countries.

Product overview

Marine Benefits offers a suite of crew insurance solutions for the maritime industry, consisting of two core products (Medical Plan and Seafarer Care 365), add-on modules (Re:mind Online Wellbeing and G+ Advanced Analytics), and supporting programs (Re:fresh health studies and Re:start wellness program). The Medical Plan serves as the foundational product providing health coverage for seafarers at home and their families year-round, which can be extended with Seafarer Care 365 to include work-related coverage 365 days a year. Re:mind adds mental health support with online psychologist consultations and courses, while G+ provides advanced claims analytics. Re:fresh and Re:start form the research and wellness follow-up components of the ecosystem.

Differentiator

Problem solved

Functional benefit

Brands

• Re:fresh: A comprehensive global maritime health and wellness tracker based on scientific health models, providing insight into physical, mental, social, and spiritual factors influencing seafarer wellbeing. The largest study of its kind, with over 36,000 seafarer responses in 2024.
• Re:mind – Online Wellbeing
• Seafarer Care 365
• G+ (Genesis Plus)
• Re:start

Products and services

• Medical Plan Core health insurance product covering medical treatment costs for seafarers in their country of residence during leave and for family members year-round. Provides inpatient and outpatient coverage with cashless claims handling through a global network of medical facilities, designed for shipowners and ship management companies seeking MLC 2006-compliant crew coverage.
• Seafarer Care 365 Comprehensive insurance product combining the Medical Plan with coverage at work, covering seafarers 365 days a year whether at home, onboard, or at work-related activities. Includes repatriation, crew replacement, and disability or death compensation, designed for shipowners seeking complete crew protection across all locations.
• Re:mind – Online Wellbeing Mental health and wellbeing platform offering consultations with licensed psychologists in seafarers' native language, mental health self-tests, online courses, and a Captain and Officers' advice line. Includes guaranteed consultation with a psychologist within 72 hours, available as an add-on to the Medical Plan for shipowners and ship management companies seeking to address seafarer mental health.

Quantifiable outcome

• Over 200,000 seafarers and family members supported globally
• +3 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• Lloyd's of LondoncoreStrategic or Co-development PartnerInsurance underwriter providing top security alongside Norwegian Hull Club. Access to world's largest insurance market enabling tailored products for clients' specific needs. A-rated underwriters providing financial security.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Gard: Norway-based mutual marine insurer (P&I club) that historically provides crew medical cover as part of its P&I offering. Most directly comparable peer given Norwegian origin, P&I heritage, and direct overlap with seafarer medical coverage.
• The Swedish Club: Swedish marine mutual insurer offering P&I cover with crew medical provisions. Direct peer given Nordic maritime insurance ecosystem and overlap with seafarer health coverage.
• Shipowners' Club: Mutual P&I club offering crew medical insurance for small and specialist vessel operators. Direct peer serving the same shipowner buyer for seafarer medical coverage.
• Steamship Mutual: International P&I club providing crew medical cover alongside hull and P&I protections to shipowners globally. Directly comparable given overlapping seafarer medical cover product.
• NorthStandard: Major international P&I club formed via merger of Standard Club and North of England P&I, providing crew medical cover as part of P&I. Compares to Marine Benefits given direct seafarer medical insurance overlap and similar target market.
• UK P&I Club (Britannia): London-based international P&I club providing seafarer medical cover as part of its P&I offerings. Direct peer competing for the same shipowner segment with seafarer health insurance solutions.

Broad incumbents

• Bupa Global: International private health insurer serving expatriate and globally mobile populations including seafarers. Broad incumbent offering overlapping international health insurance with global medical network.
• International SOS: Global medical and security services firm providing medical assistance, evacuation, and health services to maritime and offshore clients worldwide. Broader incumbent operating in adjacent maritime health services space.
• Allianz Care: International health insurance arm of Allianz providing global health plans for expatriates and globally mobile employees. Broad incumbent with overlapping international health insurance offerings and global provider network.
• Cigna Global Health: Large multinational health insurer offering international health plans including for globally mobile workers. Broad incumbent with global network overlap and comparable target market segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Instagraminstagram.com/marinebenefits
• LinkedInlinkedin.com/company/marine-benefits
• Facebookfacebook.com/mbas.ph

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Marine Benefits