Search CompleteMarkets

Enter one or more keywords to search.

Wildcards - "*" and "?" are supported.

Search results for: ROVs
Results per page: Category:
2 results found
https://completemarkets.com/company/isr-insurance/Diving-Contractors-Insurance/
...pment insurance including AUVs and ROVs; coverage for rented and leased equipm...mes and terms. Can this program cover ROVs and AUVs?Yes. Equipment insurance for ROVs and AUVs is available, including co...

https://completemarkets.com/company/sloanmason/Diving-and-Subsea-Contractors-Insurance/
Sloan Mason Insurance Services, Inc. offers a robust Diving and Subsea Contractors Insurance program designed specifically for hard-to-place marine and underwater operations. With access to various 'A'-rated carriers, Sloan Mason provides agents and brokers with the tools they need to secure comprehensive coverage solutions for clients operating in high-risk maritime environments. Ideal Accounts and Appetite This program is tailored for contractors engaged in underwater operations including commercial diving, subsea construction, and marine support services. Target classes include businesses involved in: Vessel salvage and wreck removal Non-destructive testing and underwater inspections Subsea pipeline and cable placement Hull and propeller cleaning ROV (Remotely Operated Vehicle) operations Pollution response and control Underwater welding, cutting, and structural repair Dredging and channel deepening services Installation and replacement of underwater valves and components Whether your client is a well-established subsea contractor or a specialized dive service provider, this program offers flexible underwriting options for a wide range of risk profiles. Coverage Highlights and Advantages Through Sloan Mason, agents gain access to a suite of marine and contractor-specific coverages, including: General Liability Pollution Liability Umbrella/Excess Liability Workers Compensation including USL&H Maritime Employers Liability (MEL) This comprehensive offering is structured to address the unique exposures faced by underwater and marine contractors, such as employee injury, equipment damage, third-party liability, and environmental risks. Underwriting Requirements and Minimum Premiums To ensure a thorough underwriting review and competitive quoting, the following documentation is required: 5 years of payroll history 5 years of currently valued loss runs (carrier-issued, within 90 days of requested effective date) ACORD application and applicable supplements Minimum premiums for this program are as follows: $25,000 for General Liability $5,000 for Pollution Liability $10,000 for Umbrella Liability $10,000 for Workers Compensation (USL&H) $10,000 for Maritime Employers Liability Territories and Availability This program is available in most U.S. states, including coastal and inland regions. Sloan Mason offers this coverage in all 50 states plus Washington, DC, ensuring nationwide access for your marine and diving contractor clients. Why Work With Sloan Mason As a wholesale broker with deep expertise in marine and environmental risks, Sloan Mason brings decades of experience to the table. Their relationships with multiple 'A'-rated carriers and focus on niche underwriting allow agents to place challenging accounts with confidence. Whether your client is cleaning hulls in California, installing pipelines in the Gulf, or performing ROV surveys in the Great Lakes, Sloan Mason has the tools to help you succeed. Download the Diving and Subsea Contractors Data Sheet to learn more about submission requirements. Frequently Asked Questions What types of accounts are a good fit for Sloan Mason’s Diving and Subsea Contractors Insurance?Ideal accounts include commercial diving firms, subsea construction contractors, ROV operators, dredging companies, and marine salvage businesses. What documentation is required to get a quote?You’ll need 5 years of payroll history, 5 years of currently valued loss runs, and completed ACORD and supplemental applications. What are the minimum premiums for this program?Minimum premiums vary by coverage line, starting at $5,000 for Pollution and $25,000 for General Liability. Is this program available nationwide?Yes, the program is available in all 50 states and Washington, DC. Can this program handle accounts with USL&H or Maritime Employers Liability exposures?Yes, Sloan Mason offers coverage for both USL&H and Maritime Employers Liability through 'A'-rated carriers. Need help placing an account? Connect with a market specialist.