Ocean Marine

Ocean Marine insurance can include a variety of coverages designed to protect owners of vessels from financial losses due to cargo damage, physical damage to their ships, and legal liability.

Deep Expertise and a Range of Solutions

 

Berkley has a proven track record of providing outstanding service and developing partnerships with the insured while offering flexible and tailored marine products. Berkley is a leading market for marine builders risk where we are able to customize coverage needs for specific projects.

Check out our Berkley Locator to discover which Berkley insurance business may be right for your Ocean Marine insurance needs.

Ocean Marine Insurance Can Help Protect Your Business

Anyone who transports goods on the open water and operates vessels knows the many exposures that exist. Having the right insurance is vital to help protect your business from financial loss. Berkley provides a variety of ocean marine insurance options and risk management services that can help in protecting your business, including the following:

  • Marine Cargo – can provide coverage that addresses the exposures associated with cargo being shipped around the world. Coverage is typically warehouse to warehouse, for imports, exports, domestic shipments, and intercompany moves. 
  • Marine General Liability – can provide coverage for legal liability arising from property damage and bodily injuries that occur in marine industries from around the waterfront or other marine settings. 
  • Excess Marine Liability – can provide insurance protection in excess of primary limits on a follow form excess or as a Bumbershoot. The Bumbershoot policy may cover certain non-marine liabilities, including auto and employer’s liability, on an excess basis. 
  • Hull & Machinery – can provide coverage for loss of or physical damage to your vessel and its machinery, up to an agreed value. Damage may occur while the vessel is underway or tied up at the dock. 
  • Marine Hull Builders Risk – can provide coverage to address the exposures associated with vessels under construction or conversion. The types of vessels covered include, but are not limited to, tugs, barges, bluewater vessels, yachts, supply vessels, and fishing vessels. 
  • Protection & Indemnity (P&I) – can provide coverage for third-party liabilities resulting from vessel operations as well as liabilities to crew members, most notably those afforded under the Jones Act.
Berkley Locator

Find your Berkley solution

If you have specific product or industry needs, use the Berkley Locator to find specialized insurance solutions for you.

What Our Customers Say

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Senior Benefits Manager, Blue Cross Blue Shield of Michigan.

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— Mary F.

Business Manager, Tech Painting Co.