The Hartford Financial Services Group, Inc. has introduced a marine policy designed specifically for modern warehouse logistics operations involved in the transport and storage of their customers’ property. The Hartford’s Warehouse & Logistics Choice provides coverage for direct physical loss …
Allied World U.S. has expanded its property & casualty (P&C) operations with the launch of a new inland marine division. The division will target all filed and non‐filed classes of inland marine business in the United States, with a focus …
Starr Marine Agency, Inc., a member of Starr Companies, announced that Christine Santiago has joined Starr Marine as Commercial Inland Marine (CIM) product line manager. Santiago has over 25 years of experience in the P&C insurance business with the last …
New York-based Integro has acquired Windward International Inc., a marine insurance broker based in New Jersey. Terms of the deal were not disclosed. Windward International Inc. has developed a significant subspecialty in brown water coverage, the industry term for inland …
Lloyd’s described the opening of its new office in the Dutch port city of Rotterdam as “embracing its marine roots.” They go back over 300 years and Lloyd’s pointed out that it already has a “strong presence in the Netherlands, …
London’s marine insurance market has added Libya to a list of areas deemed high risk as violence escalates in Africa’s third-largest oil producer, a senior market official said on Friday. Libyan rebels vowing “victory or death” advanced towards the major …
Maritime General Agency announced its newly formed business identity, which it said “combines three niche marine insurance underwriting facilities: Maritime Program Group; Maritime General Agency, Marine MGA, and Windward Marine Underwriters – into one powerful managing general agency.” The bulletin …
A report from Aon Risk Solutions, the global risk management business of Aon, concludes that Protection and Indemnity (P&I) Clubs are experiencing a “continued improvement in claims trends, and a restored investment performance.” As a result, “ship-owners face the prospect …
Somali piracy is worsening by the week and governments lack the political will to tackle the crisis, which is threatening world trade routes, shipping industry officials said on Friday. Shippers have warned that more than 40 percent of the world’s …
NATO says that a Danish warship has freed a hijacked fishing vessel and arrested 16 suspected Somali pirates. Sunday’s press release says the HDMS Esbern Snare stopped a suspicious vessel with two skiffs on deck. The warship fired warning shots …
