Remuneration Policy

Our staff members are remunerated on the basis of a fixed salary in line with market conditions. (Depending on the position and assessment there is the possibility that our staff members receive a partial, limited and maximized variable remuneration). We direct our staff to act ethically, with due care and customer-oriented, focusing on the interests of our clients and our company in the long term. The assessment of these conduct requirements determines both the amount of the fixed and of the variable income of our staff members.

Cookie Policy for Hydor.no

This Cookies Policy explains what Cookies are and how We use them. You should read this policy so You can understand what type of cookies We use, or the information We collect using Cookies and how that information is used.Cookies do not typically contain any information that personally identifies a user, but personal information that we store about You may be linked to the information stored in and obtained from Cookies. For further information on how We use, store and keep your personal data secure, see our Privacy Policy.We do not store sensitive personal information, such as mailing addresses, account passwords, etc. in the Cookies We use.Interpretation and DefinitionsInterpretationThe words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.DefinitionsFor the purposes of this Cookies Policy:Company (referred to as either "the Company", "We", "Us" or "Our" in this Cookies Policy) refers to Hydor AS, Fridtjof Nansens pl 9, 0160 Oslo.Cookies means small files that are placed on Your computer, mobile device or any other device by a website, containing details of your browsing history on that website among its many uses.Website refers to Hydor.no, accessible from https://hydor.noYou means the individual accessing or using the Website, or a company, or any legal entity on behalf of which such individual is accessing or using the Website, as applicable. The use of the CookiesType of Cookies We UseCookies can be "Persistent" or "Session" Cookies. Persistent Cookies remain on your personal computer or mobile device when You go offline, while Session Cookies are deleted as soon as You close your web browser.We use both session and persistent Cookies for the purposes set out below:Necessary / Essential CookiesType: Session CookiesAdministered by: UsPurpose: These Cookies are essential to provide You with services available through the Website and to enable You to use some of its features. They help to authenticate users and prevent fraudulent use of user accounts. Without these Cookies, the services that You have asked for cannot be provided, and We only use these Cookies to provide You with those services.Cookies Policy / Notice Acceptance CookiesType: Persistent CookiesAdministered by: UsPurpose: These Cookies identify if users have accepted the use of cookies on the Website.Functionality CookiesType: Persistent CookiesAdministered by: UsPurpose: These Cookies allow us to remember choices You make when You use the Website, such as remembering your login details or language preference. The purpose of these Cookies is to provide You with a more personal experience and to avoid You having to re-enter your preferences every time You use the Website.Tracking and Performance CookiesType: Persistent CookiesAdministered by: Third-PartiesPurpose: These Cookies are used to track information about traffic to the Website and how users use the Website. The information gathered via these Cookies may directly or indirectly identify you as an individual visitor. This is because the information collected is typically linked to a pseudonymous identifier associated with the device you use to access the Website. We may also use these Cookies to test new pages, features or new functionality of the Website to see how our users react to them.Your Choices Regarding CookiesIf You prefer to avoid the use of Cookies on the Website, first You must disable the use of Cookies in your browser and then delete the Cookies saved in your browser associated with this website. You may use this option for preventing the use of Cookies at any time.If You do not accept Our Cookies, You may experience some inconvenience in your use of the Website and some features may not function properly.If You'd like to delete Cookies or instruct your web browser to delete or refuse Cookies, please visit the help pages of your web browser.For the Chrome web browser, please visit this page from Google: https://support.google.com/accounts/answer/32050For the Internet Explorer web browser, please visit this page from Microsoft: http://support.microsoft.com/kb/278835For the Firefox web browser, please visit this page from Mozilla: https://support.mozilla.org/en-US/kb/delete-cookies-remove-info-websites-storedFor the Safari web browser, please visit this page from Apple: https://support.apple.com/guide/safari/manage-cookies-and-website-data-sfri11471/macFor any other web browser, please visit your web browser's official web pages.More Information about CookiesYou can learn more about cookies here: All About Cookies by TermsFeed.Contact UsIf you have any questions about this Cookies Policy, You can contact us:By email: [email protected]

Allianz Commercial appoints Hydor as Managing General Agent for Marine Liability Insurance in Asia Pacific

Hydor launches its new Comprehensive General Marine Liability Insurance Product in Partnership with Allianz Global Corporate & Specialty SE, Singapore Branch.Hydor Pte Ltd is pleased to announce the official launch of its General Marine Liability (GML) insurance product, following its appointment as Managing General Agent (MGA) by Allianz Global Corporate & Specialty SE (AGCS), Singapore Branch. This strategic collaboration marks a significant milestone in Hydor’s mission to provide specialist marine insurance solutions tailored to the dynamic needs of the Asia-Pacific maritime sector.Designed to meet the complex and evolving risks faced by Port & Terminal operators, Transport Operators, Marina Operators, Ship-Repairers, and Marine Professionals, the newly launched GML product provides a robust and flexible suite of coverages. Key protections include liabilities for loss and damage to cargo in care, custody, and control; third-party bodily injury and property damage; regulatory fines and penalties; and professional errors and omissions.In addition to core liability coverage, the policy also extends to Marine Property, Machinery, and Business Interruption risks—offering insureds a packaged solution under one policy form. Marine Liability and Property related risks are subject to individual USD 25 million limits providing assurance and financial strength backed by Allianz, one of the world’s leading corporate insurers.“Hydor is proud to partner with Allianz Global Corporate & Specialty SE, a name synonymous with global insurance excellence,” said Folkert Strengholt, CEO at Hydor. “With this appointment, we are combining Hydor’s local market insight and underwriting expertise with AGCS’s global strength and stability to deliver meaningful protection to maritime businesses across the region.”The launch comes amid a growing demand for tailored marine liability solutions in Asia, as regional port infrastructure, shipping services, and marine operations continue to expand in scale and complexity.The launch will be led by industry veteran Colin Fordham, based in Hydor’s Singapore office. With decades of experience in marine insurance, Mr. Fordham brings extensive expertise and proven leadership to support the successful execution of this strategic initiative across the Asia-Pacific region.Hydor’s new GML offering reinforces the company’s growing position as a trusted MGA focused on marine and specialty lines, committed to delivering underwriting excellence, responsive service, and market-leading solutions that align with the needs of today’s maritime stakeholders.For all enquiries, please contact: Colin Fordham, or Clara Mae Lim Hydor Pte Ltd Email: [email protected] Phone: +65 6231 8951 Website: Hydor.no

Special Risk

Comprehensive Coverage OptionsWe offer flexible insurance solutions for:Single Voyages: Providing coverage for one-time voyages, ensuring protection from departure to arrival.Decommissioning Voyages: Specialized coverage for the safe and compliant transit of decommissioned marine and offshore assets.Laid-Up Assets: Protection for marine and offshore assets that are temporarily out of service, safeguarding against unforeseen risks during idle periods.Tailored Risk Management SolutionsOur special risk insurance is designed to address the unique challenges faced by vessel owners and offshore operators, ensuring:Financial Security: Protecting assets during critical phases such as transit, decommissioning, and lay-up.Regulatory Compliance: Meeting industry standards and regulatory requirements for specialized operations.Flexible Terms: Customizable coverage to suit specific project needs and operational timelines.Industries We ServeWe provide special risk coverage for a variety of industries, including:Offshore Energy: Supporting oil & gas and renewable energy sectors with tailored solutions.Maritime Logistics: Ensuring seamless operations for project cargo and heavy lift shipments.Shipowners and Operators: Protecting diverse vessel types across multiple operational scenarios.Why Choose Our Special Risk Coverage?Expertise in Complex Risks: Our team has extensive experience in handling unique maritime challenges.Customizable Coverage: Solutions tailored to fit the specific requirements of each operation.Trusted Security Providers: Backed by reputable insurers for reliable financial protection.Protect your assets with confidence.Contact us today to explore our Special Risk insurance solutions and how we can help mitigate your operational challenges effectively.

Marine Liability

Hydor provides stand-alone Marine General Liability and Combined Property & Machinery insurance packages, offering comprehensive coverage for various marine-related industries. These policies are backed by Allianz Global Corporate & Specialty SE, Singapore, which has an AA Stable rating by S&P, ensuring strong financial security.Hydor’s coverage is specialized for worldwide operations, including but not limited to:Port & Terminal OperatorsTransport OperatorsMarine Professional IndemnityShip RepairersMarina OperatorsKey benefits include:Marine General Liability: Coverage for a range of liabilities in marine operations, with a limit of up to USD 25 million.Property & Machinery Coverage: Up to USD 25 million for property damage and machinery loss.Hydor is one of the few insurers offering these flexible and specialized options, designed to address the unique risks faced by operators in the maritime industry.