inland marine insurance News

Growth in Construction, Freight Has Been Good News for Inland Marine Insurance

The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018 from $13.3 billion in 2009, …

How Insurtech Will Revolutionize Inland Marine by Cutting Costs

Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible rates. Carriers and brokers are building Internet-based underwriting …

XL Catlin Launches Logistics Services Insurance to Address Supply Chain Risks

To help U.S. businesses manage the risks of storing, handling and transporting goods from here to there, XL Catlin has introduced a new logistics services insurance policy. XL Catlin’s Logistics Services Coverage Solutions provides a logistics company with tailored inland …