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Displaying items by tag: Euromarine

Boating has always been a part of the business for Yachtsman Euromarine, says managing director Matthew McGrory, going back to when the company began as MJ O'Neill Insurances Limited in 1974.

Started by his grandfather Matthew James O'Neill and father William McGrory, the then Clondalkin-based brokerage at first dealt with insurance across the board, marine coverage being just one facet of a portfolio that also included cars, homes and businesses.

But from this foundation, Yachtsman has grown over the decades into Ireland's leading boat insurance specialist, protecting boaters' lifestyles while sharing their passion for all things marine.

Of course, the broker's expertise in the marine business is bolstered by its consummate experience in the general insurance market.

William McGrory took the helm after his father-in-law's death in 1976, and with his son Matthew coming on board, the business was steered towards a huge leap forward in 1984.

This was thanks to a partnership with various syndicates at Lloyd's of London, which saw the company appointed as Lloyd's coverholder for the British insurance giant to underwrite household insurance in Ireland.

In the years that followed, Matthew's passion for boating saw the already established marine side of the business grow to such an extent that, by 1995, it was decided that developing a specialist market for marine insurance was the way forward. Thus the Yachtsman brand was born in May 1997.

"We obtained a second underwriting agency from Lloyd's for pleasure craft insurance," says Matthew, "and we haven't looked back since."

First-hand experience

Launching with a staff of just three, the Yachtsman brand brought to the Irish market a brand new product offering wider marine cover with a competitive edge to premiums.

But more than that, there was the firm’s small but dedicated staff - who were themselves involved in boating as a pastime, and as such had a complete understanding of clients’ requirements - which soon became recognised as a key benefit of signing up for a policy with Yachtsman.

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Company founder – Yachtsman Euromarine was started by Matt McGrory's grandfather Matthew James O’Neill

The next five years was a period of significant growth for the Yachtsman brand that saw the business move from its office in Clondalkin to new, larger premises in Clane, Co Kildare.

It was also in this period that the McGrorys focused their efforts on the developing maritime brokerage and sold off the general insurance business to specialise fully in pleasure craft.

The market was expanding fast as the economy boomed, and Yachtsman was there from the very beginning to offer value-for-money policies backed up with priceless first-hand experience.

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The Clondalkin, County Dublin premises of founders, MJ O’Neill Insurances Limited in 1974.

 New decade, new name, new markets

The next big step for the company came in February 2005, when MJ O’Neill Insurances Limited - now trading solely as Yachtsman - bought out competitor Euromarine, growing its staff to seven and re–launching the following month as the combined brand Yachtsman Euromarine at that year’s Dublin Boat Show in the RDS.

“The purchase of Euromarine opened up new markets to us in the marine trades and yacht club sections,” says Matthew, who adds that “with the combined turnover of both companies, we now had better buying power in the insurance market, and secured underwriting authorities with the two biggest marine syndicates at Lloyd’s.”

Another invaluable asset was Bill Cullen, who oversaw Yachtsman Euromarine's continued growth throughout the ‘Celtic Tiger’ years and even now, after retiring in 2010, still keeps a keen eye on progress.

A successful business must keep evolving and developing its skills to stay ahead, and the next stage for Yachtsman Euromarine would test this to the limit.  In 2010, the brokerage was appointed by the Lloyd’s syndicates to handle their marine claims in Ireland.

“The business model for this was based on a Canadian coverholder that has a similar-size turnover to Yachtsman,” explains Matthew. “After many meetings with our syndicates in Lloyd’s, we took on the task and employed two more staff, one with claims-handling experience from a local insurer and the second with a marine trade and repair background.”

As a new venture for the business, this shift into trades and repairs was not without its teething problems - no doubt exacerbated by the contraction of the boating market as the credit crunch persisted in putting the squeeze on wallets.

But the benefits would come with time, and Matthew is particularly proud that Yachtsman has the support of “a very comprehensive panel of repairers that can produce a quality repair and get the client back on the water quickly. At the end of the day, that's what's important."

The same time period would also see Yachtsman Euromarine become the title sponsor of the ISA RIB Challenge, promoting safe boating to younger budding sailors throughout the country.

But there’s only so far a business can grow in its home market, and Yachtsman would look abroad for its next leap forward.

Conquering Spain

“For a number of years we had been transacting business in Spain, primarily for the ex–pat market,” says Matthew, who adds that those new overseas contacts were put to good use in 2012 with the launch of Yachtsman Euromarine’s first Spanish-language policy to cover that local market.

Though beginning with only a small presence in Spain - a perennially popular destination for Irish retirees, holidaymakers and boating enthusiasts - Matthew says that foothold was invaluable in helping Yachtsman to identify the “massive potential” in the local pleasure craft insurance market.

The next step would be exploring how to export Yachtsman’s range of services into Spain.

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The opening of Yachtsman’s first international office in Denia, Spain in a prime position on the Costa Blanca

“To put it in context, one small geographical area in Spain has the same pleasure craft market size as the whole of Ireland,” he says. “So we began a research project into how it might be possible to take on, and manage from our office in Clane, large volumes of cover, while managing the risk-loss potential in multiple locations.”

Thanks to the support of Enterprise Ireland, Yachtsman developed what Matthew describes as an “innovative system” that allows for the underwriting of risks to take in more parameters in setting rates. "This has completely changed how premiums are calculated, and we are better able to reward policies with no claims but also pinpoint hotspots where frequent claims are becoming a concern." 

Forty years at the front

Fast-forward to March of this year, and the opening of Yachtsman’s first international office in Denia, a prime position on the Costa Blanca at the midway point between Alicante and Valencia, and the main link to the Balearic Islands. 

This opening also saw the hiring of the brokerage’s first Spanish staff, allowing the business to move forward in developing its products for the local market.

After the lean recession years, business is on the up again across the marine markets - and none more so than for Yachtsman Euromarine, which is celebrating a remarkable 40 years in business this month.

For Matthew McGrory, it’s a time to look back with pride at the reputation Yachtsman has earned within the industry as an authority in boat insurance, not to mention for its superior customer service and the expert advice and innovative solutions the company delivers for the marine sector. 

As Yachtsman’s website simply states, they know about boats.

As for where Yachtsman goes from here? “Well, building our business in Spain will keep us busy and growing for the next few years,” says Matthew, “but then who knows? I’ve plenty of ideas!”

Contact: Yachtsman Euromarine, College Road, Clane, Co.Kildare T: 045 982668

Published in Marine Trade

The first of three regional finals of the ISA Yachtsman Euromarine Rib Challenge 2011 was held at Royal Cork Yacht Club last Saturday and it was an exciting start to the competition.

This year the competition was designed to encourage the younger members of our boating community to take to the water in a safe, responsible and most important an enjoyable way. On registration the competition sponsor Matt McGrory who was in attendance started off proceedings in a positive and fun manner by giving each entrant a competition T Shirt and taking a team Photo. This got all teams into a fun and competitive frame of mind.

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Negotiating the tasks on the Royal Cork RIB course. Photo: Matt McRory

This Regional Final saw the ISA introduce a new format for the competition. Each Team had to carry out 10 tasks in a 3 hour period. These tasks consisted of "on the water maneuvering" of their craft and some off the water activities such as "rescue line throwing, Knots and various questions on all aspects of boating".

For the 3 hour period you could feel the tension as all teams went from task to task, when the time was up ISA RDO Ciaran Murphy had the task of adding up the scores. Throughout the day the high scores in each competition differed with no Team showing dominance. In the end it was a tight affaire and the Top Six were:

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RIB Competitors at Royal Cork

1st Place – Foynes 1

2nd Place – Foynes 2

3rd Place – Royal Cork Yacht Club

4th Place – Glandore Harbour Yacht Club

5th Place - Atlantic Sailing Club

6th Place – Sailing Academy of Ireland

The top four teams now qualify through to the National Final where they have a chance of winning the ISA Yachtsman euromarine Rib Challenge 2011 top prize of a Club Rib.


Published in RIBs

The Irish Coast Guard

The Irish Coast Guard is Ireland's fourth 'Blue Light' service (along with An Garda Síochána, the Ambulance Service and the Fire Service). It provides a nationwide maritime emergency organisation as well as a variety of services to shipping and other government agencies.

The purpose of the Irish Coast Guard is to promote safety and security standards, and by doing so, prevent as far as possible, the loss of life at sea, and on inland waters, mountains and caves, and to provide effective emergency response services and to safeguard the quality of the marine environment.

The Irish Coast Guard has responsibility for Ireland's system of marine communications, surveillance and emergency management in Ireland's Exclusive Economic Zone (EEZ) and certain inland waterways.

It is responsible for the response to, and co-ordination of, maritime accidents which require search and rescue and counter-pollution and ship casualty operations. It also has responsibility for vessel traffic monitoring.

Operations in respect of maritime security, illegal drug trafficking, illegal migration and fisheries enforcement are co-ordinated by other bodies within the Irish Government.

On average, each year, the Irish Coast Guard is expected to:

  • handle 3,000 marine emergencies
  • assist 4,500 people and save about 200 lives
  • task Coast Guard helicopters on missions

The Coast Guard has been around in some form in Ireland since 1908.

Coast Guard helicopters

The Irish Coast Guard has contracted five medium-lift Sikorsky Search and Rescue helicopters deployed at bases in Dublin, Waterford, Shannon and Sligo.

The helicopters are designated wheels up from initial notification in 15 minutes during daylight hours and 45 minutes at night. One aircraft is fitted and its crew trained for under slung cargo operations up to 3000kgs and is available on short notice based at Waterford.

These aircraft respond to emergencies at sea, inland waterways, offshore islands and mountains of Ireland (32 counties).

They can also be used for assistance in flooding, major inland emergencies, intra-hospital transfers, pollution, and aerial surveillance during daylight hours, lifting and passenger operations and other operations as authorised by the Coast Guard within appropriate regulations.

Irish Coastguard FAQs

The Irish Coast Guard provides nationwide maritime emergency response, while also promoting safety and security standards. It aims to prevent the loss of life at sea, on inland waters, on mountains and in caves; and to safeguard the quality of the marine environment.

The main role of the Irish Coast Guard is to rescue people from danger at sea or on land, to organise immediate medical transport and to assist boats and ships within the country's jurisdiction. It has three marine rescue centres in Dublin, Malin Head, Co Donegal, and Valentia Island, Co Kerry. The Dublin National Maritime Operations centre provides marine search and rescue responses and coordinates the response to marine casualty incidents with the Irish exclusive economic zone (EEZ).

Yes, effectively, it is the fourth "blue light" service. The Marine Rescue Sub-Centre (MRSC) Valentia is the contact point for the coastal area between Ballycotton, Co Cork and Clifden, Co Galway. At the same time, the MRSC Malin Head covers the area between Clifden and Lough Foyle. Marine Rescue Co-ordination Centre (MRCC) Dublin covers Carlingford Lough, Co Louth to Ballycotton, Co Cork. Each MRCC/MRSC also broadcasts maritime safety information on VHF and MF radio, including navigational and gale warnings, shipping forecasts, local inshore forecasts, strong wind warnings and small craft warnings.

The Irish Coast Guard handles about 3,000 marine emergencies annually, and assists 4,500 people - saving an estimated 200 lives, according to the Department of Transport. In 2016, Irish Coast Guard helicopters completed 1,000 missions in a single year for the first time.

Yes, Irish Coast Guard helicopters evacuate medical patients from offshore islands to hospital on average about 100 times a year. In September 2017, the Department of Health announced that search and rescue pilots who work 24-hour duties would not be expected to perform any inter-hospital patient transfers. The Air Corps flies the Emergency Aeromedical Service, established in 2012 and using an AW139 twin-engine helicopter. Known by its call sign "Air Corps 112", it airlifted its 3,000th patient in autumn 2020.

The Irish Coast Guard works closely with the British Maritime and Coastguard Agency, which is responsible for the Northern Irish coast.

The Irish Coast Guard is a State-funded service, with both paid management personnel and volunteers, and is under the auspices of the Department of Transport, Tourism and Sport. It is allocated approximately 74 million euro annually in funding, some 85 per cent of which pays for a helicopter contract that costs 60 million euro annually. The overall funding figure is "variable", an Oireachtas committee was told in 2019. Other significant expenditure items include volunteer training exercises, equipment, maintenance, renewal, and information technology.

The Irish Coast Guard has four search and rescue helicopter bases at Dublin, Waterford, Shannon and Sligo, run on a contract worth 50 million euro annually with an additional 10 million euro in costs by CHC Ireland. It provides five medium-lift Sikorsky S-92 helicopters and trained crew. The 44 Irish Coast Guard coastal units with 1,000 volunteers are classed as onshore search units, with 23 of the 44 units having rigid inflatable boats (RIBs) and 17 units having cliff rescue capability. The Irish Coast Guard has 60 buildings in total around the coast, and units have search vehicles fitted with blue lights, all-terrain vehicles or quads, first aid equipment, generators and area lighting, search equipment, marine radios, pyrotechnics and appropriate personal protective equipment (PPE). The Royal National Lifeboat Institution (RNLI) and Community Rescue Boats Ireland also provide lifeboats and crews to assist in search and rescue. The Irish Coast Guard works closely with the Garda Siochána, National Ambulance Service, Naval Service and Air Corps, Civil Defence, while fishing vessels, ships and other craft at sea offer assistance in search operations.

The helicopters are designated as airborne from initial notification in 15 minutes during daylight hours, and 45 minutes at night. The aircraft respond to emergencies at sea, on inland waterways, offshore islands and mountains and cover the 32 counties. They can also assist in flooding, major inland emergencies, intra-hospital transfers, pollution, and can transport offshore firefighters and ambulance teams. The Irish Coast Guard volunteers units are expected to achieve a 90 per cent response time of departing from the station house in ten minutes from notification during daylight and 20 minutes at night. They are also expected to achieve a 90 per cent response time to the scene of the incident in less than 60 minutes from notification by day and 75 minutes at night, subject to geographical limitations.

Units are managed by an officer-in-charge (three stripes on the uniform) and a deputy officer in charge (two stripes). Each team is trained in search skills, first aid, setting up helicopter landing sites and a range of maritime skills, while certain units are also trained in cliff rescue.

Volunteers receive an allowance for time spent on exercises and call-outs. What is the difference between the Irish Coast Guard and the RNLI? The RNLI is a registered charity which has been saving lives at sea since 1824, and runs a 24/7 volunteer lifeboat service around the British and Irish coasts. It is a declared asset of the British Maritime and Coast Guard Agency and the Irish Coast Guard. Community Rescue Boats Ireland is a community rescue network of volunteers under the auspices of Water Safety Ireland.

No, it does not charge for rescue and nor do the RNLI or Community Rescue Boats Ireland.

The marine rescue centres maintain 19 VHF voice and DSC radio sites around the Irish coastline and a digital paging system. There are two VHF repeater test sites, four MF radio sites and two NAVTEX transmitter sites. Does Ireland have a national search and rescue plan? The first national search and rescue plan was published in July, 2019. It establishes the national framework for the overall development, deployment and improvement of search and rescue services within the Irish Search and Rescue Region and to meet domestic and international commitments. The purpose of the national search and rescue plan is to promote a planned and nationally coordinated search and rescue response to persons in distress at sea, in the air or on land.

Yes, the Irish Coast Guard is responsible for responding to spills of oil and other hazardous substances with the Irish pollution responsibility zone, along with providing an effective response to marine casualties and monitoring or intervening in marine salvage operations. It provides and maintains a 24-hour marine pollution notification at the three marine rescue centres. It coordinates exercises and tests of national and local pollution response plans.

The first Irish Coast Guard volunteer to die on duty was Caitriona Lucas, a highly trained member of the Doolin Coast Guard unit, while assisting in a search for a missing man by the Kilkee unit in September 2016. Six months later, four Irish Coast Guard helicopter crew – Dara Fitzpatrick, Mark Duffy, Paul Ormsby and Ciarán Smith -died when their Sikorsky S-92 struck Blackrock island off the Mayo coast on March 14, 2017. The Dublin-based Rescue 116 crew were providing "top cover" or communications for a medical emergency off the west coast and had been approaching Blacksod to refuel. Up until the five fatalities, the Irish Coast Guard recorded that more than a million "man hours" had been spent on more than 30,000 rescue missions since 1991.

Several investigations were initiated into each incident. The Marine Casualty Investigation Board was critical of the Irish Coast Guard in its final report into the death of Caitriona Lucas, while a separate Health and Safety Authority investigation has been completed, but not published. The Air Accident Investigation Unit final report into the Rescue 116 helicopter crash has not yet been published.

The Irish Coast Guard in its present form dates back to 1991, when the Irish Marine Emergency Service was formed after a campaign initiated by Dr Joan McGinley to improve air/sea rescue services on the west Irish coast. Before Irish independence, the British Admiralty was responsible for a Coast Guard (formerly the Water Guard or Preventative Boat Service) dating back to 1809. The West Coast Search and Rescue Action Committee was initiated with a public meeting in Killybegs, Co Donegal, in 1988 and the group was so effective that a Government report was commissioned, which recommended setting up a new division of the Department of the Marine to run the Marine Rescue Co-Ordination Centre (MRCC), then based at Shannon, along with the existing coast radio service, and coast and cliff rescue. A medium-range helicopter base was established at Shannon within two years. Initially, the base was served by the Air Corps.

The first director of what was then IMES was Capt Liam Kirwan, who had spent 20 years at sea and latterly worked with the Marine Survey Office. Capt Kirwan transformed a poorly funded voluntary coast and cliff rescue service into a trained network of cliff and sea rescue units – largely voluntary, but with paid management. The MRCC was relocated from Shannon to an IMES headquarters at the then Department of the Marine (now Department of Transport) in Leeson Lane, Dublin. The coast radio stations at Valentia, Co Kerry, and Malin Head, Co Donegal, became marine rescue-sub-centres.

The current director is Chris Reynolds, who has been in place since August 2007 and was formerly with the Naval Service. He has been seconded to the head of mission with the EUCAP Somalia - which has a mandate to enhance Somalia's maritime civilian law enforcement capacity – since January 2019.

  • Achill, Co. Mayo
  • Ardmore, Co. Waterford
  • Arklow, Co. Wicklow
  • Ballybunion, Co. Kerry
  • Ballycotton, Co. Cork
  • Ballyglass, Co. Mayo
  • Bonmahon, Co. Waterford
  • Bunbeg, Co. Donegal
  • Carnsore, Co. Wexford
  • Castlefreake, Co. Cork
  • Castletownbere, Co. Cork
  • Cleggan, Co. Galway
  • Clogherhead, Co. Louth
  • Costelloe Bay, Co. Galway
  • Courtown, Co. Wexford
  • Crosshaven, Co. Cork
  • Curracloe, Co. Wexford
  • Dingle, Co. Kerry
  • Doolin, Co. Clare
  • Drogheda, Co. Louth
  • Dun Laoghaire, Co. Dublin
  • Dunmore East, Co. Waterford
  • Fethard, Co. Wexford
  • Glandore, Co. Cork
  • Glenderry, Co. Kerry
  • Goleen, Co. Cork
  • Greencastle, Co. Donegal
  • Greenore, Co. Louth
  • Greystones, Co. Wicklow
  • Guileen, Co. Cork
  • Howth, Co. Dublin
  • Kilkee, Co. Clare
  • Killala, Co. Mayo
  • Killybegs, Co. Donegal
  • Kilmore Quay, Co. Wexford
  • Knightstown, Co. Kerry
  • Mulroy, Co. Donegal
  • North Aran, Co. Galway
  • Old Head Of Kinsale, Co. Cork
  • Oysterhaven, Co. Cork
  • Rosslare, Co. Wexford
  • Seven Heads, Co. Cork
  • Skerries, Co. Dublin Summercove, Co. Cork
  • Toe Head, Co. Cork
  • Tory Island, Co. Donegal
  • Tramore, Co. Waterford
  • Waterville, Co. Kerry
  • Westport, Co. Mayo
  • Wicklow
  • Youghal, Co. Cork

Sources: Department of Transport © Afloat 2020