Marine Insurance Markets
We can assist you with all your marine insurance needs!
We specialize in both ocean and inland marine insurance. This includes imports, exports, domestic shipments, means of communications, and personal and commercial property floaters.
At our firm, we take pride in offering a comprehensive and diverse portfolio that covers both blue and brown water tonnage, ensuring we meet every maritime need.
**Ocean Transportation Exposures:** We encompass a broad range, including ships, hulls, goods, cargo, and earnings.
**Our Offerings Include:**
- Commercial Vessels
- Commercial Watercraft
- Marinas
- Marine Construction
- Marine Tradesmen
- Watercraft Rental
- Pleasure Craft
We are pleased to offer complete pleasure craft programs that address various needs, with coverage options spanning from $250,000 to a remarkable $30,000,000. Whether it’s a private pleasure yacht, a luxury vessel, a charter, a bareboat charter, catamarans, high-speed vessels, or fleet operations for both motor and sail yachts, we are here to help.
Our **Protection & Indemnity Insurance (P&I)** and **Inland Marine Insurance** products provide robust coverage for all your marine activities.
What distinguishes us is our extensive hands-on industry experience, paired with our profound underwriting and brokerage expertise. We excel at matching our clients' needs with the finest underwriters known for their exceptional reputations in the market.
Our dedicated brokers are committed to:
- Understanding the leading underwriters specializing in your specific class of business.
- Collaborating with underwriters who offer the strongest security and most esteemed reputations.
- Partnering with those eager to secure your business while ensuring unparalleled service, including same-day document turnarounds.
- Selecting underwriters who will provide the best policy terms, conditions, and pricing customized to your needs.
For your convenience, click on the insurer's name to explore their website and discover the tailored options available to you!
Regarding financial analysis, we utilize specialized evaluation reports from reputable insurance reporting services in the U.S., such as **A.M. Best Company**, **Standard & Poor’s**, and **Moody’s**. These institutions rigorously assess the financial stability of insurers, enabling you to make informed decisions.
**Understanding A.M. Best Company Ratings:**
A.M. Best Company is a leader in publishing ratings specifically for aviation and marine insurers. Their ratings are based on thorough quantitative and qualitative reviews of an insurer’s financial health and operational performance. They produce closely monitored ratings, refreshed every six to nine months, providing you with timely insights. Key aspects evaluated include:
- Profitability
- Leverage
- Liquidity
- Quality and allocation of reinsurance
- Management experience and competency
**What You Get with Standard & Poor’s Ratings:**
With a reputation for accuracy, Standard & Poor’s assesses the claims-paying ability and financial strength of insurers by analyzing:
- Industry risks
- Management strategies
- Operational factors
- Financial flexibility
**Moody’s Insights:**
Moody’s provides in-depth ratings based on both quantitative and qualitative factors. By concentrating on key elements such as capital adequacy, investment risks, management structure, and profitability, Moody’s ensures you are aware of the ratings that matter when selecting your insurer.
