Special event on 3 Yachts - need Liabilty
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Special event on 3 Yachts - need Liabilty
My insured is having 3 new years eve parties on 3 different yachts in NYC . any idea where I can get GL and LLLL for the event. Ive been declined right and left and i specialize in this type of insurance. I would be greatful for any help
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CA_Marine_Broker
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What markets have you exhausted?
Which markets have you tried? Have you tried to get temporary coverage for these parties endorsed to the individual vessel's policies or are you looking for stand alone LLLL and GL Coverage for these parties?
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Barbara Fenton
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Special Event on 3 yachts
You might try Marine N-Surance Brokers (Paul Greenaway) Phone: 205-414-9647. A no frills insurance outlet but gets the coverage placed.
Perhaps I am missing something, but I assume the yachts are presently insured for Hull & P&I. As a risk management matter, you should ask for certificates of insurance and the cost to be added to their policies as an additional insured for the events.
I doubt that anyone able to afford to have three private New Year's Eve parties on three separate private yachts will be serving the food and booze him/herself, so you will want to get certs from the caterer for both CGL and LLL exposures; again, as a matter of risk management, you should make sure that the caterer also provides a cert for work comp. Check out 33 U.S.C. 18 - SECTIONS 901-950 for exceptions to persons entitled to coverage under Federal Longshore-Harbor Workers Compensation Act and U.S.C. Title 46 Jones Act . You will also want to know (confirmation) if the Yachts being used are regulated under Jones Act and if they are, do they in fact comply.
Then you are simply left with a special event exposure. Albert Ruben in mid-town Manhattan used to do this type of risk all the time and now they are a part of Aon "" look them up, as they broker these risks.
I doubt that anyone able to afford to have three private New Year's Eve parties on three separate private yachts will be serving the food and booze him/herself, so you will want to get certs from the caterer for both CGL and LLL exposures; again, as a matter of risk management, you should make sure that the caterer also provides a cert for work comp. Check out 33 U.S.C. 18 - SECTIONS 901-950 for exceptions to persons entitled to coverage under Federal Longshore-Harbor Workers Compensation Act and U.S.C. Title 46 Jones Act . You will also want to know (confirmation) if the Yachts being used are regulated under Jones Act and if they are, do they in fact comply.
Then you are simply left with a special event exposure. Albert Ruben in mid-town Manhattan used to do this type of risk all the time and now they are a part of Aon "" look them up, as they broker these risks.
[quote="aplessing"]Perhaps I am missing something, but I assume the yachts are presently insured for Hull & P&I. As a risk management matter, you should ask for certificates of insurance and the cost to be added to their policies as an additional insured for the events.
I doubt that anyone able to afford to have three private New Year's Eve parties on three separate private yachts will be serving the food and booze him/herself, so you will want to get certs from the caterer for both CGL and LLL exposures; again, as a matter of risk management, you should make sure that the caterer also provides a cert for work comp. Check out 33 U.S.C. 18 - SECTIONS 901-950 for exceptions to persons entitled to coverage under Federal Longshore-Harbor Workers Compensation Act and U.S.C. Title 46 Jones Act . You will also want to know (confirmation) if the Yachts being used are regulated under Jones Act and if they are, do they in fact comply. =quote]
All the above has been accounted for, we have certs from everyone. I cant find anyone to write to Special event coverage. I specialize in entertainment risks and am having a hard time. no one wants to cover it. Name a company and they have declined. Aon/ruben would approach the same markets as I would. i know them well
I doubt that anyone able to afford to have three private New Year's Eve parties on three separate private yachts will be serving the food and booze him/herself, so you will want to get certs from the caterer for both CGL and LLL exposures; again, as a matter of risk management, you should make sure that the caterer also provides a cert for work comp. Check out 33 U.S.C. 18 - SECTIONS 901-950 for exceptions to persons entitled to coverage under Federal Longshore-Harbor Workers Compensation Act and U.S.C. Title 46 Jones Act . You will also want to know (confirmation) if the Yachts being used are regulated under Jones Act and if they are, do they in fact comply. =quote]
All the above has been accounted for, we have certs from everyone. I cant find anyone to write to Special event coverage. I specialize in entertainment risks and am having a hard time. no one wants to cover it. Name a company and they have declined. Aon/ruben would approach the same markets as I would. i know them well