Marine

ProSight Specialty will look at any risk, no matter how arcane or unusual. Our experienced underwriters will analyze and rate the complex risks that other companies may not entertain as well as the usual / customary risks everyone considers. We are flexible to accommodate our customers’ unique requirements.

Lines of Business:

Hull and Machinery

Provides coverage for loss of or damage to commercial watercraft.

Hull and Machinery War Risk

Provides coverage for loss of or damage to commercial watercraft as a result of war, strikes, riots and civil commotions.

Cargo

Provides first party and third party coverage to owners, shippers, consigners and freight forwarders for loss of or damage to goods while in the course of transit or in temporary storage.

Cargo War Risk

Provides coverage for loss of or damage to goods while in the course of transit as a result of war, which can be extended to include strikes, riots and civil commotions.

Protection and Indemnity

Provides primary and excess coverage for liabilities arising out of the operation of owned watercraft, including liability for injury to crew and damage to cargo.

Charterers’ Legal Liability

Provides insurance coverage for lessors of watercraft as defined in the Charter Party (lease agreement).

Shoreline Marine Liability

Provides liability coverage to shipbuilders, ship repairers, wharfowners, stevedores, and terminal operators for claims liabilities arising out of their operations.

Marine Contractors’ Liability

Provides liability coverage to contractors servicing the marine and energy industries.

Maritime Employers Liability (Jones Act)

Provides coverage for claims arising out of injuries to employees associated with maritime trades who may fall under the Jones Act.

Marine Umbrella (Bumbershoot) Liability

Provides excess liability coverage to marine insureds. Policies can be written in excess of the primary limits of various marine liability policies, as well as commercial general liability and automobile liability policies.

Onshore and Offshore Oil and Gas Exploration and Production Exposures

Provides coverage for physical damage to drilling rigs, pipelines, drilling, support vessels and platforms, as well as associated liabilities and control of well exposures.

Energy Umbrella (Bumbershoot) Liability

Provides excess liability coverage to companies engaged in oil & gas exploration, production and support. Policies can be written in excess of the primary limits of various marine liability policies, as well as commercial general liability and automobile liability policies.