RB Jones Marine, a business unit of H.W. Kaufman Group that focuses on the commercial marine and excess energy space, has launched an Ocean Cargo Stock Throughput Product in partnership with Atain Insurance Companies.
RB Jones has also added John Gambino to its management team as underwriting manager, Cargo.
RB Jones Marine is expanding its capabilities with the new ocean cargo product. The company said the growth opportunity stems from the global distribution shift of supply chains withdrawing from China and entering other countries, leading U.S. companies to review their distribution chain and bring manufacturing operations back to the U.S.
The new product, Ocean Cargo Stock Throughput, captures more than a dozen supply chain classes and is designed for those who buy goods or raw materials from foreign suppliers, manufacture or sell finished goods overseas, warehouse imported goods until sold to consignee, or finance clients who have import or export operations. The coverage offers broad all-risk policy terms with full service for the vessel owning and cargo transporting sectors.
As underwriting manager of Cargo, Gambino will help expand RB Jones’ marine cargo portfolio to complement the company’s current capabilities—including marine liability, marine excess, brown-water hull and excess energy. Gambino will also work to extend marine capabilities throughout the H.W. Kaufman Group network, parent company to RB Jones Marine. He is based in greater New York City.
Gambino has 35 years of experience in the U.S. marine market. He most recently served as a leader for Great American’s northeastern Ocean Marine business unit that included ocean cargo, brownwater, primary and excess liabilities, commercial automobile and commercial property. His career also includes roles at Travelers and Frenkel & Co., where he developed training and technical underwriting platforms.
RB Jones offers specialty risk coverage services to brokers, agents and wholesalers.
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