marine insurance coverage News

ProSight Specialty Launches All-lines Marine Contractors Insurance Program

ProSight Specialty Insurance has launched its Longshore+ Marine Contractors program, with the goal of unifying all lines of marine insurance under a single carrier. The package offering provides the following coverages: Marine General Liability Workers Compensation and USL&H Contractor’s Equipment …

XL Catlin Expands Yacht Insurance Risk Appetite

XL Catlin, the official insurance partner of the America’s Cup, has expanded its appetite to insure yachts of all sizes. According to Richard DeSimone, chief underwriting officer of Marine in XL Catlin’s Americas region, the bringing together of the Catlin …

Somali Pirates Driven Off in First Attack of 2014

A bulletin from Dryad Maritime Intelligence confirms the first piracy attack of 2014, which it described as “audacious and determined,” although it was ultimately unsuccessful. The attack was launched by Somali pirates south of Salalah in the late hours on …