Sloan Mason has announced a Marine General Liability (MGL) product for Texas, Louisiana and California companies with longshore exposures (Domestic U.S. Insurance Carrier – AM Best ‘A’ – XIII Rated).
The target clients range from shipyards in new construction and repair to wharfingers; stevedores; terminal operators; marine construction and diving contractors and other marine related entities. Accounts must have minimum 80% marine-related revenue to qualify. Other specifications include: Minimum premium $15,000; Limits available $1MLN Per Occurrence / $2MLN General Aggregate / $1MLN Products & Completed Operations Aggregate.
Underwriting information required includes an Acord application; SM Supplemental application; and a five-year loss record (supported by currently valued loss run). Some risks with less than five years experience maybe considered with a resume/statement of qualification.
Sloan Mason is an independent insurance brokerage based in San Diego, with non-resident licenses in Texas and Louisiana.
For additional information contact Eva Martinez or Paul Mason, at Sloan Mason’s San Diego office at (619) 595-4831 or e-mail eva@sloanmason.com
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