Excess Marine Liabilities/Bumbershoot

Additional limits can be provided as follow form excess or bumbershoot in excess of marine and non-marine underlying policies.

The excess marine liability policy is written over the primary policy to increase limits but is on a follow form basis so no coverage is broadened.

The bumbershoot policy is written over both marine and non-marine policies – comprehensive marine liability, various specialty marine liabilities e.g. ship repairers legal liability, protection and indemnity, business auto, employers liability etc.

The Bumbershoot policy provides:

  • Excess limits when the limits of scheduled underlying liability policies are exhausted by the payment of claims.
  • Drop down coverage when the underlying policy’s aggregate limit is exhausted by the payment of claims.
  • Protection from some claims not covered by the underlying policies, subject to the assumption of a self-insured retention (SIR).

Limits available up to $100,000,000



Contact ISR today to help you write and retain more of your Excess and Bumbershoot business.


Excess Marine Liabilities Bumbershoot/Commercial Marine Insurance
International Special Risks has been a market leader in the placement of bumbershoot and excess marine liability for ship repair yards, marine contractors, boat builders, diving contractors, dredging contractors, marine terminals, stevedores, port authorities, tug and barge operators, cargo vessels, ferries, excursion vessels, gaming vessels, oceanographic vessels, marine products manufacturers, importers and exporters. Limits up to $100,000,000 are available.