At Bowen, Miclette & Britt, we connect marine industry businesses with insurance coverage for various situations. We have the experience, resources, and connections it takes to find the right insurance policies needed for any marine business.
Marine Coverage Capabilities
We offer a full suite of services, resulting in insurance coverage that positions marine industry businesses for success. Our marine insurance services include:
- Needs assessment: We visit offshore and inland marine industry facilities to acknowledge and evaluate risks. Then, we determine what a policy should include to reduce those risks.
- Policy aggregation: We gather a list of potential marine insurance policies from reputable providers.
- Policy evaluations: We discuss the inner workings of each policy with marine industry clients to work toward a final decision.
- Claims management: We handle the work that goes into filing a claim after an incident.
- Policy renewal or updates: We assess our marine clients’ insurance needs over time and how their policies meet these demands. If necessary, we find new deals that cater to each client’s evolving needs.
Our Coverage Expertise
Our representatives leverage marine industry risk management expertise to build programs that include various types of coverage. We help marine industry clients obtain the following types of insurance:
- Protection & Indemnity
- Hull & Machinery
- General Liability
- Marine Umbrella/Excess Liability
- Cargo and related liabilities
- Wharfinger/Stevedore/Terminal Liabilities
- Inland Marine/Handling Equipment
- Property and Business Interruption/Loss of Revenue
- USL&H and MEL
- Terrorism Coverage
- Cyber Insurance
Segments We Serve
Segments we serve include, but are not limited to:
- Shipyards/ Ship Repair, Builder Risk/ Construction and Sea Trials
- Offshore Service Vessels
- Charterers
- Terminals and Port Facilities
- Import/Export Cargo Operations
- Tug Boat, Barge and Workboat Operations
- Marine Property (piers, wharves, and docks)
- Marina Operators
- Vessel Operations of all types and locations
Marine industry organizations work alongside various businesses while using expensive machinery and operating around valuable cargo. Any business in the marine industry should maintain an insurance policy offering sufficient coverage at a manageable premium. Working with a marine insurance broker is insurance assurance.
Reasons to Choose Bowen, Miclette & Britt
At Bowen, Miclette & Britt, we help determine coverage needs and find affordable policies that meet them. Our staff handles the labor associated with comparing marine insurance policies to expedite the process for clients while reducing overhead costs. Work with us for:
- Marine insurance expertise: BMB has been serving inland and offshore marine accounts for a combined total of over 75 years. As one of the core industries that we serve, our team of professionals has in depth knowledge of our clients operations and challenges. We understand the unique marine insurance coverages needed to manage their risk.
- Personalized insurance plans: We listen and take the time to understand each company’s unique set of exposures and place their insurance accordingly.
- Extensive connections: Our significant and long-standing relationships with the major domestic and international marine insurers, including our partnerships with select London Brokers, allow us to aggressively negotiate coverage on our client’s behalf, and enable us to design a comprehensive risk management program that fits each client’s needs.
- Risk management assistance: Our risk management department, BMBRISK, can assist clients with structuring their safety and maintenance programs helping to mitigate risk and keep costs contained. We hold ourselves accountable for helping you manage your risk in an efficient, cost-effective manner.
- Continued support: A company’s risk management needs to evolve as it scales. Our brokers support clients through consultation and market investigation as their coverage needs change.
Commercial Marine Insurance Agency
At Bowen, Miclette & Britt, we have more than 40 years of experience helping businesses with their insurance and risk management needs. We have the expertise and connections it takes to put together competitive programs and the resources necessary to personalize our services to every marine industry client. Contact us today for more information!
