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.

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

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.

To help protect the 11.5 million recreational watercraft vessels currently registered in the U.S., Selective offers expanded coverage.

Marine is the oldest form of insurance in the world—but that doesn’t mean it’s immune to change. Here are three emerging risks you need to know about to better serve your commercial marine clients in 2017.

To serve the ever-growing marine market, Venture Insurance Programs has expanded the availability of its commercial marine insurance business—Tidal Marine—to all states in North America.

Several factors contribute to the complexity of managing cargo risks: a surge in cargo theft, accumulation of exposures and more global compliance requirements. In response, XL Catlin has unveiled a refreshed cargo insurance policy to help businesses mana