Overview of the Program From LIG Marine Managers, Inc.
Protection and Indemnity (P&I) from LIG Marine Managers, Inc. is designed for agents placing marine liability similar to automobile liability for vessels. This program covers a vessel owner's legal liability for bodily injury, illness and property damage arising from vessel operations. Coverages may include (or exclude) liability to a captain or crew depending on the submission and selected wording.
Program Structure and Markets
LIG offers flexible placement options: fixed-cost Blue Water P&I alternatives for clients looking to avoid assessable P&I clubs, access to stronger P&I clubs for clients who want enhanced stability, and traditional admitted or non-admitted carriers when a conventional insurance policy is preferred. Carriers: Varies. Admitted status: All Available Markets.
Ideal Accounts and Appetite
This program targets a broad range of commercial and recreational vessels. Typical classes we write include:
- Brown Water: tugs, barges, crane vessels, pontoons, caissons, supply and support vessels, crewboats, workboats, launches, excursion and sightseeing vessels, charter and cruise vessels, casino vessels, and similar commercial craft.
- Blue Water: containerships and large passenger vessels.
- Yachts and builders risk on marine construction projects.
LIG will consider accounts from small commercial workboats through large offshore and passenger operations. Accounts with complex exposures or significant prior loss activity should be submitted with full loss history and run of risk for proper review.
Coverage Highlights and Advantages
- High-limit capacity — limits of $50,000,000 and higher are available on a case-by-case basis.
- Coverage for key maritime liabilities, including Maintenance & Cure, Unseaworthiness, Wrongful Death, the Jones Act (Merchant Marine Act 1920), and the Death on the High Seas Act.
- Options to move clients out of assessable P&I clubs into fixed-cost alternatives, or to place with stronger, better-funded clubs when appropriate.
- Ability to place on admitted or excess & surplus (E&S) basis depending on client needs and state availability.
Underwriting Notes and Minimum Premiums
Submit complete vessel schedules, crew exposure, trading limits, recent loss runs, and safety/maintenance procedures to expedite review. Standard considerations include vessel age and condition, crewing and certification, cargo types, passenger counts (if applicable), and navigation limits.
Minimum premium: $25,000 if written monoline; $10,000 if written in conjunction with other supporting lines.
Territories and Availability
The program is available across a broad set of U.S. states and territories: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Because markets vary, placement options may include admitted or non-admitted carriers depending on state and account specifics.
Why Work With LIG Marine Managers, Inc. on P&I Business
- Specialized marine underwriting and program management oriented to brokers and independent agents.
- Flexibility to move between P&I club arrangements and traditional insurance structures based on client preference and risk profile.
- Access to high limits and tailored terms for complex marine operations.
- Responsive underwriting when provided with complete submissions; LIG supports agents through placement and policy servicing.
Example Account Scenarios
- You have a regional passenger excursion operator running high-season cruises with 150 passengers — this program can evaluate P&I limits, wrongful death and passenger liability exposures and offer competitive high-limit solutions.
- A commercial tug-and-barge operator with multiple vessels trading coastwise needs an alternative to assessable P&I club exposure — LIG can place fixed-cost Blue Water P&I or move the account into stronger club arrangements where available.
Please contact us today for more information on our Protection and Indemnity program!
Frequently Asked Questions
What classes of vessels are a good fit for LIG’s P&I program?
The program fits a wide range of vessels: brown-water workboats (tugs, barges, crewboats), excursion and passenger vessels, certain blue-water tonnage (containerships, passenger vessels), yachts, and builders risk. Submit full details for vessels with unusual or high-hazard exposures.
Can you place accounts that are currently with assessable P&I clubs?
Yes. LIG offers fixed-cost P&I alternatives for clients who prefer to avoid assessable clubs, and also can place with stronger, better-funded clubs for clients who want club benefits with greater financial stability.
What documentation should I include with a submission?
Provide vessel schedules, trading limits, crew lists and certifications, recent loss runs (typically 3–5 years), safety and maintenance programs, and any charter or voyage details. Complete submissions speed underwriting and improve placement outcomes.
Are admitted policies available?
Yes. LIG places business in admitted and non-admitted markets depending on state availability and client needs. Carriers vary by account.
Need help placing an account? Connect with a market specialist.