Marine General Liability Insurance Program from LIG Marine Managers, Inc.
LIG Marine Managers, Inc. offers a comprehensive Marine General Liability Insurance Package designed for the middle market commercial marine sector. With a focus on exceptional service, competitive pricing, and underwriting expertise, this program is tailored to meet the complex needs of marine-related businesses across a wide range of classes.
Ideal Accounts and Target Classes
This program is designed for commercial marine risks with annual premiums ranging from $10,000 to $150,000. It provides flexible solutions for a variety of marine operations, especially those with specialized liability exposures. Target classes include:
- Boat Repairers
- Diving Contractors
- Dock and Pier Construction Companies
- Dredging Contractors
- Marine and Waterfront Contractors
- Shipyards
- Stevedores
- Terminal Operators
- Wharfingers
Whether your client operates a small shipyard or a large marine construction company, this program provides tailored protection for their operations, assets, and liabilities.
Program Highlights and Coverage Options
LIG’s Marine General Liability Package combines strong coverage features with streamlined administration. Coverage can be written on a monoline basis or bundled with other marine lines, depending on the client's needs.
Section 1 – $1,000,000 Combined Single Limit (CSL):
- Marine General Liability
- Ship Repairers Legal Liability
- Stevedores and Terminal Operators Liability
- Tankerman’s Liability
- Wharfingers and Landing Owners Legal Liability
- Protection and Indemnity (with optional crew coverage)
Section 2 – Up to $4,000,000 Combined Limit (and higher):
- Hull
- Equipment
- Marine Builders Risk
Excess/Umbrella Limits: Up to $10,000,000 available
Program Advantages
- One simple program with consistent carrier partners
- Streamlined quoting process for faster turnaround
- Dedicated claims adjuster for all carriers involved
- Single check issued for most claims once approved by the lead carrier
- Enhanced commissions available for agents with a flow of business
Underwriting Notes and Minimum Premium
The program is best suited for accounts with a minimum premium of $10,000. LIG’s underwriting team evaluates each risk thoroughly, making the submission process efficient and responsive. Agents can expect a quick quote process and flexible structuring of coverage to match client needs.
Territories and Availability
This Marine General Liability program is available in all 50 states, including DC. Both admitted and non-admitted markets are accessible, depending on the client's location and risk profile.
Why Work with LIG Marine Managers, Inc.?
As a specialized Managing General Agency and Excess & Surplus Lines Broker, LIG Marine Managers brings decades of marine insurance expertise to the table. They understand the unique exposures of the maritime industry and provide reliable access to multiple markets. Their single-program structure, consolidated claims handling, and consistent underwriting make them a trusted partner for agents placing marine liability business.
Please contact us today for more information on our Marine General Liability Package Program!