Insurance Products

U.S. & Canada – Ocean Marine

Our U.S. and Canada Ocean Marine team offers Marine Liability, Cargo, Blue Water Hull and Brown Water Hull coverages.  By carefully monitoring changes in the market and truly understanding clients’ risk exposures, our experienced ocean marine underwriters offer tailored solutions and responsive service.


Target Classes

We have a broad appetite including coverage for:

Marine Liability
  • Vessel operators, marine contractors, marine terminal operators/freight handlers, ship repairers, commercial boat builders, wharfingers, charterers, and marina operators
Cargo
  • Manufactured goods of every description, raw materials and commodities including oil and gas products, ores, metals and soft commodities on an open or specific transit basis including project cargo
Blue Water Hull
  • Foreign and domestic ocean going vessels in excess of 2,500 gross registered tons
Brown Water Hull
  • Vessels including: tug/barge, passenger vessels, workboats, ferries, research vessels, crew boats, pilot boats and miscellaneous craft
  • Builder’s risk and boat dealers

Products

Significant Capacity
  • Marine Liability – $25M
  • Cargo – $20M
  • Blue Water Hull – $10M
  • Brown Water Hull – $10M
Underwriting Highlights
Marine Liability
  • Primary and Excess Marine Liability
  • Coverages include: Marine General Liability, Ship Repairers Legal Liability, Terminal Operators Legal Liability, Stevedores Legal Liability, Wharfingers Legal Liability, Charterers Legal Liability, Follow Form Excess P&I and Marine Liabilities, and Bumbershoot
Cargo
  • Coverage options from All Risk to Named Perils for international and domestic marine shipments, coverage includes War, Strikes, Riots & Civil Commotions
  • Coverage extensions are available for storage, domestic transit and associated marine exposures
  • Coverage is available worldwide subject to U.S. trade sanctions and exclusions
Blue Water Hull
  • Physical Damage, Sue & Labor, and Collision Liability
  • Tonnage 15 years and under preferred
Brown Water Hull
  • Physical Damage, Protection & Indemnity including Collision and Towers Liability on commercial domestic vessels operating in the coastal and inland waters of the U.S.
Visit Sompo Holdings, Inc.