Longshore + Marine Contractors Program

International Special Risks (ISR) is proud to partner with ProSight Specialty Insurance Holdings, Inc. to offer an exclusive  nationwide comprehensive insurance program for Marine Contractors.

 

For the first time, Marine Contractors have a comprehensive insurance solution from a single A- rated carrier for their Property, General Liability, Hull and P&I, Inland Marine, Automobile, Bumbershoot AND Workers Compensation, USL&H and MEL insurance needs.

 

Program Highlights

  • Exclusive comprehensive insurance program specifically designed to protect todays Marine Construction firms
  • Backed by an  A- Rated / Admitted Marine Carrier for all lines – Property, MGL, Hull and P&I, Inland Marine, Auto,  Bumbershoot and WC, USLH & MEL
  • National Program available in all 50 States
  • Competitive Commissions
  • Broad coverage forms designed specifically for the needs of today’s Marine Contractor
  • Dedicated Marine and USLH Claims Specialists
  • Low Minimum Program Premium:  $25,000
  • Direct Bill Pay Plans
  • Access to Discounted Employer Support Programs for Background Checks and Drug Screening

 

 

 

 

Property Coverage Highlights:

  • Special / Enhanced Coverage Form including Blanket Limits
  • Automatic $250,000  Blanket Coverage Extension for Accounts Receivables, EDP, Valuable Papers and Records, Outdoor Property, Non-owned Detached Trailers,
  • Fine Arts, Undamaged Tenant’s Improvements & Betterments & Personal Property of Others
  • Business Income & Extra Expense includes coverage for Contract Penalty, Transit & Unnamed Locations
  • Agreed Amount – No Coinsurance Valuation available

 

MGL Coverage Highlights:

Coverage Form designed specifically for Marine Contractors automatically  includes:

  • $2MM Product / Completed Ops Aggregate
  • Separate Defense Limit
  • Marine Contractors’ Legal Liability
  • Sudden & Accidental Pollution 
  • Broad Additional Insured (AI) /  Waiver of Subrogation (WOS) / Loss Payee
  • Primary & Non-Contributory
  • Per Project Aggregate
  • Railroad Protective Liability Extension Clause
  • Action Over Indemnity
  • Rigger’s Legal Liability
  • In Rem

 

Hull and P&I Coverage Highlights:

  • Action Over Indemnity / Contractual Liability Extension
  • In Rem
  • Automatic Vessel / Equipment Acquisition Clauses
  • Bareboat Charter Clause
  • Non-Owned Vessel - MEL Extension Clause
  • Jones Act / Crew coverage provided with no stated number of crew limitation

 

Auto Coverage Highlights:

  • Available in all 50 states
  • HNOA also available under MGL

 

Inland Marine Coverage Highlights:

  • Coverage available for Contractors Equipment –Installation –Builders Risk
  • Blanket CE Form
  • Option for Agreed Amount Valuation 
  • Leased Rented Loaned Equipment Coverage Included
  • Rental Reimbursement Expense Coverage Included
  • No Waterborne Exclusion
  • No Boom/Jib Collapse or Overload Exclusion

 

Bumbershoot Coverage Highlights:

  • $10MM Limit available within the program
  • Additional limits available with additional A rated carriers as needed.

 

Workers Compensation Coverage Highlights:

  • Includes USLH and MEL all with one policy/carrier.
  • All 50 States Eligibility
  • Blanket Waiver of Subrogation
  • Alternate Employer
  • OCSLA
  • Dedicated USLH and Maritime Claims Handling Staff
  • FVWC (Foreign Voluntary Workers Comp) Endorsement available upon request

 
 

Learn more about our partner carrier.

 
 
 
Contact David B. LeMay at dlemay@isr-insurance.com or 804.253.1320 for additional program details.
Longshore plus Marine contractors program
Longshore plus Marine contractors program
Longshore plus Marine contractors program