marine coverage News

SkiSafe Expands Sailboat Coverage to Live Aboard Vessels

SkiSafe insurance has broadened its underwriting guidelines for its Sailboat Insurance program to provide coverage for sailboat risks with live aboard exposures. In addition to the clientele of sailors already utilizing the SkiSafe program for protection against vessel damage, liability …

ACE Introduces Online System for Quoting Boats

ACE Group has launched a new online tool, ACE EZQuote, that allows independent agents and brokers to generate a bindable quote for boats in less than four minutes. Available through its ACE Recreational Marine Insurance business, ACE EZQuote works for …

Part II – Reinsurance: Emerging Markets and Risks – the Road Ahead

As detailed in Part I, the reinsurance industry faces the task of partially reinventing itself to expand in those sectors where it can achieve growth. Property catastrophe coverage isn’t off the table, but it’s now an overcrowded field. Ever more …

India Refiners Delay Iran Oil Imports on Failure to Get Reinsurance

Indian Oil Corp. and two other state- run refiners said they will defer resuming purchases of Iranian crude by at least three months, having failed to get reinsurance for shipments after Europe said it would relax a coverage ban. Indian …