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.

We cover a broad portfolio of both blue and brown water tonnage.

• Ocean Transportation Exposures: ships or hulls; goods or cargo; earnings
• Commercial Vessels
• Commercial Watercraft
• Marinas
• Marine Construction
• Marine Tradesmen
• Watercraft Rental
• Pleasure Craft

Our pleasure craft programs range from $250,000 to $30,000,000 and insure private pleasure, luxury yachts, charter, bare boat charter, catamarans, high speed vessels, and fleet operations for both motor and sail yachts.

• Protection & Indemnity Insurance (P&I)
• Inland Marine Insurance

Our mix of extensive hands-on industry, underwriting and brokerage experience allows us to match the needs of our clients with the expertise and reputation of underwriters.

To do that, our brokers’ responsibilities include:

  • Knowing the underwriters with expertise in your class of business.
  • Knowing the underwriters with the strongest security and most highly regarded reputations.
  • Knowing the underwriters that want your business and are willing and able to back up our industry leading topnotch service guaranty, including same-day document turnarounds.
  • Choosing an underwriter who will provide the most favorable policy terms, conditions, and price.

Click on the insurers name to view their website!


Financial analysis of individual insurers can be accomplished by referring to the specialized financial evaluation provided by one of three insurance reporting services in the U.S, including A.M. Best Company, Standard & Poor’s and Moody’s.

These insurance reporting services evaluate financial status of insurers using a rate or grade.

A.M. Best Company

A.M. Best Company publishes ratings for Marine insurers. Best’s rating procedure uses both quantitative and qualitative reviews on an insurer’s financial and operating performance. Best’s ratings are monitored and updated at the end of six and nine months based on an analysis of quarterly and annual statutory financial statements, frequent contacts with insurer officials, and specific questionnaires.

The quantitative review compares an insurer’s:

  • Profitability
  • Leverage
  • Liquidity

The qualitative factors evaluated include:

  • Composition of the insurer’s book of business or spread of risk Amount, appropriateness, and soundness of reinsurance Quality, diversification, and estimated market value of assets
  • Adequacy of loss reserves
  • Experience and competency of management.

Standard & Poor’s

Standard & Poor’s Insurance Rating Service rates fixed income securities, including long-term debt, commercial paper and preferred stock issued by insurers, and the claims-paying ability and financial strength of insurers.

The rating profile is based on the following:

  • Industry risk
  • Management and corporate strategy
  • Business review
  • Operational analysis
  • Investments
  • Capitalization
  • Liquidity
  • Financial flexibility
  • Interest-rate management
  • Asset/liability management or loss reserve adequacy

The rating process also includes meetings with insurers’ management.

Qualified solvency ratings are assigned to insurers that have not requested in-depth claims-paying-ability ratings and are based on a quantitative evaluation of public information only. Standard & Poor’s applies a statistical procedure to the insurer’s statutory financial data as filed with the NAIC.


Moody’s Investors Service ratings reflect quantitative and qualitative analyses based on industry regulatory trends and business fundamentals, incorporating financial factors such as the following:

Capital adequacy

Investment risks



Management and organizational structure

Moody’s rating symbols for their insurance financial strength ratings are identical to those used to rate the quality of bond.