The policy covers tangible damages to goods while in transit from the origin warehouse to the destination warehouse by sea, air and overland transit.

The coronavirus pandemic presented the marine cargo insurance industry with significant challenges. When the distribution of the COVID-19 vaccinations commences, the market will be in the spotlight.

Between large-scale vessel losses, back-to-back years of heavy catastrophes and an overabundance of capacity, the commercial marine insurance market has had a tough couple of years.

Due to a recent string of high-profile losses, an overabundance of capital and a lack of underwriting discipline, as well as the increasing frequency and severity of natural catastrophes, commercial marine is currently an unforgiving place to do business.

From yachts and jets to ranches and multiple homes, high net‑worth insureds have a wide range of assets that could potentially result in an environmental liability claim. Now, Environmental Risk Managers offers a solution.

Usually, pollution liability coverage for small servicing operations comes in the form of an add‑on. But after offering pollution liability products for more than 20 years, AmWINS decided to roll out a standalone policy: Dealer Pollution Advantage.

Burns & Wilcox’s recreational yacht program offers an assortment of coverages, from personal watercraft up to mega and super yacht classes.

Representations & warranties, pollution liability and tax liability insurance are all becoming increasingly requisite to completing mergers & acquisitions. ERMI now offers a solution that provides each coverage individually or combined in a package.

Novamar, which has specialized in marine and yacht insurance since 1987, now offers an endorsement that covers yachts with U.S. crews navigating Cuban waters.

There are approximately 575,000 underground storage tanks in the U.S. While underground storage reduces fire risks for tank contents, it also increases pollution exposure. Philadelphia Insurance responds with a program for storage tank risks.