Maritime Work Comp, USL&H and MEL
With an in depth understanding of the market and long established relationships with our companies, ISR provides clients with considered advice, exceptional service and creative solutions to their maritime workers’ compensation needs.
Our markets can provide All States coverage for all aspects of your business including State Act, Jones Act - Maritime Employers Liability and United States Longshoreman and Harbor Worker’s Compensation Act – USLH coverage for small, medium and large employers. Options for additional coverage including Outer Continental Shelf Lands Act, Alternate Employer, Waiver of Subrogation are also available upon request.
State Act Workers’ Compensation programs do not cover employees subject to the Jones Act or USLH statutes. These are federal acts subject to more generous benefits schedules, compressed reporting schedules and increased penalties and fines for noncompliance. A thorough review of these exposures should be part of any maritime operator’s comprehensive risk management program.
For the larger employer, ISR offers a variety of options for Maritime Workers’ Compensation, USLH and MEL coverage. These products are geared to those companies generating in excess of $100,000 in annual workers’ compensation premiums.
Guaranteed cost, dividend, deductible and self-insured retention options are available. Pay plans including monthly reporting are available with most carriers.
For the small to medium sized employer, ISR offers its Mid-Market Maritime Workers’ Compensation program. This program is geared to those companies generating $10,000 to $150,000 in annual Workers’ Compensation premium.
Program Highlights
- Accepts a wide variety of classes of business
- No minimum USLH payroll required – “if any” USLH coverage available
- Combined State Act, USLH U& MEL coverage
- Available for operations in most states
- Admitted carrier rated A or better by A.M. Best
- Direct billing of premium with installment options
- Fast quote turnaround – within 48 hours in most instance
Application / Underwriting Requirements
- Acord Workers Compensation Application
- 3 Year Hard Copy Loss Runs – valued within 3 months
- Current NCCI MOD Worksheet
- Resume of Management if business less than 3 years old
- USL&H Supplemental Insurance Application
Contact ISR today to help you write and retain more of your Maritime Workers’ Compensation, USLH and MEL business.