Insuring Ribco: cover and premium
inflatables and RIBs · several countries
Ribco: greek builder of large RIBs. NAMMERT insures a Ribco regardless of year built or where you bought it, liability, hull, legal expenses and personal accident cover from one house, taken out online in five minutes.
At a glance
Origin
several countries
Class
inflatables and RIBs
Typical sizes
12 to 13,2 m
Premium from
from €49 a year for liability
Worth knowing
Ribco; cover, cost and conditions
Ribco is a Greek builder of large rigid inflatable boats. Stylianos Ladopoulos and Valerianos Nikas founded the company in 1994, and in June 1999 the first Ribco, an eight metre RIB, was launched in Athens. The idea was to marry an offshore hull with a deck laid out for long Mediterranean days: space for sunbathing, seating, and berths tucked away underneath. The Venom models are easy to recognise by their stepped hulls. On the Venom 44 the three-step glassfibre hull was drawn by naval architect Lorne Campbell, with a very fine entry and 24 degrees of deadrise at the transom.
Our model records list two designs, both RIBs from the Venom line. The Venom 44 measures 13.15 metres and is listed from 2013 to 2020. The Venom 40 at 11.95 metres starts in 2022 and reaches into current production. According to the builder it has a newly developed two-step hull, and the SC version adds a cabin for two and a heads with shower. Below the deck of the Venom 44 there are two double berths, a toilet compartment and a wet bar with sink and fridge, so both boats can be slept aboard.
A RIB of this size is run fast and often far offshore, and a used one should be inspected with that in mind. The tubes come first: look at seams, valves and the bond to the hull, and at chafe where fenders and lines rub. Stepped hulls deserve a careful look at the steps themselves and at the transom area for stress cracks. Engine hours, service records and the state of the steering and trim systems tell much of the story. Twin engine installations should be judged as a pair, since one tired engine changes how the boat behaves at speed.
Questions and answers
Frequent questions
How do the Venom 40 and Venom 44 differ?
For Ribco: The Venom 44 measures 13.15 metres,
has a three-step hull and is listed in our records from 2013 to 2020.
The Venom 40 measures 11.95 metres, has a two-step hull and has been built since 2022.
Where does Ribco come from?
For Ribco: From Greece.
The company was founded in 1994, and its first eight metre RIB was launched in Athens in June 1999.
The cover that fits
boat insurance
Tariffs, cover and FAQ for boat insurance in detail.
Third-party liability
The foundation for a boat from Ribco: damage to third parties, worldwide,
from €49 a year for liability.
Hull cover
Partial or full hull cover for a Ribco, at replacement value with an agreed fixed value.
For the whole class of boat
For Ribco: What matters for inflatables and RIBs is the same across every brand; engine output,
how a claim is settled, cruising range and theft protection.
The class page lists every point and every brand in this class, Ribco included.
Insuring inflatables and RIBs, every brand and every condition
Other builders in this class
Nautical information What counts before you cast off, papers, equipment, waters
Licence
A powerboat licence (inland or coastal) is required from 15 hp (11.03 kW).
Registration
Registration from 3 hp; for trips abroad carry the boat certificate or flag document.
Waters
Inland, coastal and abroad; plan fairways, bridge clearances, draught and tides.
Equipment
Lifesaving gear, fire extinguisher, anchor, signalling equipment and correct navigation lights.
Cruising range
The agreed cruising range is stated in the policy and can be extended at any time.
Weather
Check wind force in Beaufort and wind direction before casting off, and allow for gusts.
General guidance, not a complete account;
what governs are the rules of the waters you are on and the manual of your Ribco.
Current wind force and direction for your waters are shown on the Home.
Series by Ribco, build years and cover
Venom 40 is an inflatable with engine from Ribco, built since 2022.
Ribco Venom 44 is an inflatable with engine from Ribco, built from 2013 to 2020.
As the Venom 40 by Ribco series is still in production,
parts are available and repair costs are predictable.
Even so, value it at replacement cost including retrofitted electronics, not at list price.
For the Ribco Venom 44 by Ribco series the market value and the replacement cost often differ
widely.
An agreed value removes the age-based scale, and the figure in the policy stands.
For the Venom 40, Ribco Venom 44 by Ribco series: On an inflatable the cause decides,
not the damage: a tear from impact is covered, porous fabric after years in the sun is not.
The outboard belongs in the policy with its serial number.
What does a used Ribco cost?
We hold today’s price ranges by year for 1 models by Ribco.
The table shows what boats in average condition are worth,
from the oldest to the youngest year on record.
Choose your exact model, year and condition in the calculator.
| Model | Years built | Range today |
|---|---|---|
| Ribco Venom 44 | 2016 | €195,300 to €248,500 |
Estimate from our boat records, October 2026.
Not a survey.
Ribco insured in five minutes.
Boat type, year built, length and value of your Ribco are all we need.
Work out the premium online or call us: +49 3375 29 12 77.
