Ocean Marine Insurance

Ocean Marine insurance provides essential protection for vessel owners by covering a wide spectrum of maritime risks. These policies help safeguard against financial loss stemming from cargo damage, physical damage to vessels, and a variety of legal liabilities that can arise during maritime operations. Whether transporting goods, navigating coastal routes, or managing day‑to‑day vessel activity, Ocean Marine insurance offers a critical layer of security.

Deep ocean marine insurance expertise

Berkley brings unmatched marine knowledge and a long‑standing track record of delivering exceptional service to our insureds. We don’t just provide coverage—we build strong, collaborative partnerships that help clients navigate complexity with confidence.

 

With flexible, specialized marine products and a commitment to truly understanding each risk, we tailor solutions that fit the specific needs of every operation. As a leading market for marine builder’s risk, we excel at customizing coverage for unique and technically demanding projects, ensuring our clients have protection designed precisely for the work they do.

Shipping container being moved by truck Shipping container being moved by truck

Our wide range of products

  • Marine Cargo – Coverage designed to address the risks associated with goods being shipped across the globe. Policies typically provide warehouse‑to‑warehouse protection for imports, exports, domestic shipments, and intercompany moves.
  • Marine General Liability – Helps protect against legal liability arising from property damage and bodily injury occurring in marine‑related industries, including exposures around the waterfront or other marine environments.
  • Excess Marine Liability – Offers coverage above primary liability limits, written on a follow‑form excess basis or as a Bumbershoot. A Bumbershoot may also extend to certain non‑marine liabilities—such as auto and employer’s liability—on an excess basis.
  • Hull & Machinery – Provides coverage for loss of or physical damage to your vessel and its machinery, up to an agreed value. Covered damage may occur while the vessel is underway or moored at the dock.
  • Marine Hull Builders Risk – Addresses exposures tied to vessels under construction or conversion. This coverage applies to a variety of vessel types, including tugs, barges, bluewater vessels, yachts, supply vessels, and fishing vessels.
  • Protection & Indemnity (P&I) – Covers third‑party liabilities arising from vessel operations, including liabilities to crew members—most notably those afforded under the Jones Act.
Birds-eye view of cargo ship Birds-eye view of cargo ship

How ocean marine insurance protects your business

Operating vessels or transporting goods over open water comes with unique and often complex exposures. From cargo damage to vessel incidents to third‑party liabilities, even a single unexpected event can create costly disruptions. The right insurance is essential—not only to help safeguard your operations but also to support the long‑term stability of your business.

 

Berkley offers a broad range of ocean marine insurance solutions and dedicated risk management services designed to help protect your business from financial loss.

Shipping container held by crane Shipping container held by crane

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Tailored Coverage Our Clients Trust

We certainly do appreciate the strategic partnership with the CWG team! We’ve had many different carriers over the decades for liability and CWG has by far been the best and most professional company we have worked with. I’m not one to give out compliments, but I have been really impressed with how the CWG team operates – CWG really stands head and shoulders above the competition – by far!!

Tom M, CWG Customer

Thank you again for taking the time to come out and connect with my team. The insight offered was truly valuable to both Barry and myself. I just wanted to follow up with you and let you know that we have incorporated your recommendations into our safety plan to make it the new norm on our end. We are going to start a bidding process for the nurse hotline to see which will make the most sense for us. Thank you again.

Ryan P., Berkley Renewable Energy customer

BEST and most consistent claims reps that we work with! I believe adjusters are lost in the shuffle because it’s hard to quantify their value, but you guys have some of the best adjusters in the business.

Andy, risk advisor from southern agency

Message to Tracy, BMAG Auto PD Claims Representative: I just wanted to thank all of you! This has been the smoothest and easiest instance I have had with any bodyshop/insurance company. I have had a couple of fender bender repairs in my driving history. Most small like this one, but this has been the best coordination I have ever had. THANK YOU!!!

Kim R., Berkley Mid-Atlantic customer

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