yacht coverage News

Novamar Insurance Launches Yacht Coverage for U.S. Boaters Heading to Cuba

Novamar, a specialist in the marine and yacht insurance segment, now offers a policy for U.S.-flag yachts navigating Cuban waters. Most vessels $50,000 in value or greater are eligible for coverage. Cuba endorsement premiums start at only $500.00. The limit …

XL Catlin Expands Yacht Insurance Risk Appetite

XL Catlin, the official insurance partner of the America’s Cup, has expanded its appetite to insure yachts of all sizes. According to Richard DeSimone, chief underwriting officer of Marine in XL Catlin’s Americas region, the bringing together of the Catlin …

Novamar Insurance Group Expands Yacht Program

Novamar Insurance Group, Inc. has expanded its Novamar Offshore Yacht Insurance program. Yacht owners can now insure their vessels while cruising locally or around the world with an “A + rated” U.S. insurance company at competitive premiums. The Novamar Offshore …

XL Group Unveils Enhanced Yacht Insurance

XL Group has launched enhancements to its yacht insurance program, providing increased coverage for Search & Rescue, stolen boat reward, ship’s cash and continued coverage for crew, which the company unveiled at the 55th Annual Fort Lauderdale International Boat Show. …