Travelers Launches Quantum Boat 2.0
Quantum Boat 2.0 offers the ability to cover up to eight boats on a single policy, expedited policy issuance and highly customizable coverage options.
Quantum Boat 2.0 offers the ability to cover up to eight boats on a single policy, expedited policy issuance and highly customizable coverage options.
Today insurers and their clients have access to more information to assist in the underwriting and protection of their commercial marine risks.
The commercial marine market is facing headwinds from rising inflation impacting pricing and consumer spending, the effects of the Russia-Ukraine war, geopolitical concerns, and supply chain disruptions.
At a time when operational excellence is critical, choosing the right marine carrier partner is more important than ever. Use these five questions to help identify the best partner for you.
Despite the marine cargo industry continuing its low total loss trend—down 57% over the past decade, according to Allianz Global Corporate & Specialty SE’s (AGCS) “Safety & Shipping Review 2022″—emerging exposures threaten to rock the boat.
New to personal marine insurance? Here are three key considerations for agents when looking to write a personal marine insurance policy.
Record sales of recreational boats mean more inexperienced people are taking to the waters, raising concerns for agents and carriers.
Technological improvements make taking to the water safer. Such modernization brings a variety of boat insurance considerations for agents and clients.
“Seek out an agent that specializes in personal marine insurance and learn the business,” says independent agent Roger Beale. “In a marine policy, one line removed out of the policy can change the coverage.”
From hurricanes to lightning strikes, extreme weather events can lead to significant financial loss if a boater is not adequately prepared or insured.