watercraft News

Specialty Program Group Launches Flagship Marine Underwriters

Specialty Program Group LLC (SPG), an insurance holding company for specialty underwriting facilities, has launched Flagship Marine Underwriters, a new yacht and charter recreational marine underwriting facility. Based in Fort Lauderdale, Fla., Flagship specializes in global underwriting facilities for yacht, …

Aegis in Northern California Launches ‘Powersports’ Brand

Aegis Specialty Insurance Services has partnered with motorcycle, off-road and watercraft dealerships in California to create an”Aegis Powersports” brand to combine extended service contracts, road hazard protection, priority maintenance and insurance into a comprehensive offering. The Aegis Powersports brand will …

Progressive Announces New Boat Coverages in Florida

The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …

Ironshore Personal Lines Launches Boat, Watercraft Coverage for High-Net Worth Clients

Ironshore’s personal lines unit now offers an endorsement option for personal watercraft coverage for high net worth insured homeowners. Ironshore’s watercraft program provides “all risk” coverage for watercraft, including jet skis and boats. Coverage can be obtained for multiple boats …

PURE Expands Appetite to Cover Personal Watercrafts

Privilege Underwriters Reciprocal Exchange (PURE), the member-owned property/casualty insurer of high-value homes and property, has expanded its appetite to insure members’ watercraft, which will be served by a new automated quoting and policy issuance. PURE’s watercraft coverage is offered across …

Argo Insurance Forms New Partnership for Watercraft Program

Argo Insurance, a member of Argo Group International Holdings, Ltd., will offer a private and pleasure watercraft program through its Commercial Programs unit in partnership with Osprey Special Risks Ltd., a global marine insurance underwriting agent. The program, which launches …