Arch Insurance Group, a division of Arch Capital Group Ltd., has entered into a marketing and servicing agreement with Eagle Ocean Services, Inc., a member of the Eagle Ocean Group of Companies.
Working in close cooperation, Arch and Eagle Ocean will respectively underwrite and provide marketing, claims handling and other services for the insurance of bluewater hulls on a worldwide basis.
The new facility will be based in New York and will offer a full range of hull and related insurance products for the global shipping industry.
Jay McGuire, managing director, Arch Insurance Group, recently joined Arch from the Navigators Management Company, Inc., to oversee the new operation.
Was this article valuable?
Here are more articles you may enjoy.
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates 
Stryker Remains Offline After Cyberattack Linked to Iran Group 
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War 
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
