Tide Insurance, which is a managing general agent focused on yacht insurance, has launched Compass, which provides policyholders with policy documentation, risk management tools and real-time insights via their mobile devices.

Tide says the new platform will make it easier for yacht owners and captains to comply with national and international maritime laws and ensure certificates and documentation are on hand for checks when entering marinas or new jurisdictions.

Ian Hoy, founder and managing director of Tide, said: “Our focus is not just on providing insurance, but on helping our customers understand and mitigate risk. Whether it’s ensuring they have the right documentation when they need it, or offering clear guidance on risks such as lithium battery charging and storage, Compass is designed to deliver meaningful, real-world value. By doing all this, it supports brokers by reducing administrative burden and improving the overall customer experience.”

Tide’s yacht product is placed within Lloyd’s and is led by MS Amlin. Its P&I product is underwritten exclusively by MS Amlin Europe.