Maritime Workers' Compensation

ISR is an intermediary specializing in all facets of marine insurance, including maritime Workers' Compensation. Our markets provide All States coverage for all aspects of your business, including State Act, Jones Act (Maritime Employers Liability) and USL&H coverages for small, medium and large employers.

Options for additional coverages including Defense Base Act, Alternate Employer, Waiver of Subrogation,  and Outer Continental Shelf Lands Act are also available upon request.

State Act Workers' Compensation programs do not cover employees subject to the Jones Act and USL&H 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 relative to your business should be part of any comprehensive risk management program.

Mid-Market Maritime Workers' Compensation

For the small to medium sized employer, ISR offers its Mid-Market Maritime Workers' Compensation program. This program is geared to those companies generating $15,000 to $100,000 in annual Workers' Compensation premium.

Program Highlights:

• Accepts all Classes of Business

• Combined USL&H and State Act Coverage

• Available for operations in all 50 states

• Carrier rated A++ XV by A.M. Best

• Direct Billing of Premium with Installment Options 

• Quotes available within 48 hours of receiving complete submission

Program Parameters:

• In Business 3 Years -or- current ownership must have prior ownership in similar business

• USL&H payroll must be at least 15% of total payroll (excluding clerical, sales & drivers)

• Acceptable loss experience with NCCI MOD of .60 to 1.15

• Satisfactory financial history

• Operations in 5 states or less

Application /Underwriting Requirements:

• Acord General Applicant and Workers' Compensation Applications

• 3 Year Hard Copy Loss Runs (valued within 3 months of effective date)

• Current NCCI MOD Worksheet

• USL&H and Workers' Compensation Supplemental Insurance Application (Download Now)

David LeMay (dlemay@isr-insurance.com or 804-644-5600) is available to answer any questions you may have regarding this program.

Large Risk Maritime Workers' Compensation

For the larger employer, ISR offers a variety of options for Maritime Workers' Compensation coverages. These products are geared to those companies generating in excess of $100,000 in annual Workers' Compensation premium.

Guaranteed cost, dividend, deductible and self insured retention options are available.

Steve Macquarrie (steve@isr-insurance.com or 781-295-0284) is available to answer any questions you may have regarding these products.