Marine Liabilities

Cargo ships in dock

Specialized needs demand specialized solutions. That’s why the world’s port authorities, ship repairers, marina operators, shipbuilders and other marine businesses rely on the highly specialized underwriting, claims and risk engineering services of Liberty Mutual Insurance.

Target classes

Marine contractor (on/off shore)
Port authority
Shipbuilder
Ship repairer
Stevedore
Terminal operator
Wharfinger

Policy highlights

Comprehensive General Liability coverage, including product and completed operations for marine risks (MGL)
Coverage is on occurrence basis
Care, custody and control exposures
Vessel exposures
Flexible minimum premium
Deductible/SIR structures
Mutliyear policy terms are available
Additional insured status of the named insured’s client where required by written contract
Associated P&I coverage
International coverage
Quality Operator Program

Capacity

$25 million

The Liberty difference

Streamlined application and policy form tailored specifically for marine clients
In-house marine engineers
Tailored coverage for multinational risks, including locally admitted policies

Why Liberty?

• A.M. Best Financial Strength Rating ‘A’ (Excellent); S&P rating of ‘A’ (Strong)
• Efficient cross-border capabilities
• Established Canadian market presence for over 25 years
• Access to Liberty Mutual’s extensive international network
• Local underwriting authority
• Local risk engineering and risk control experts
• In-house claims service team