Marine

Marine - Hull

XL Group offers insurance to clients with special coverage needs for their marine exposures.

Product Availability

(Coverage provided for worldwide exposure)

  • Product details
    Product details

    Capacity

    USD 50 million per vessel

    Coverage

    Physical damage, sue and labor, and collision liability for ocean-going vessels

    Client Profiles

    Commercial ocean going vessels, including the following:
    – Bulk carriers
    – Tankers
    – Gas carriers
    – Chemical tankers
    – Cruise vessels
    – Container vessels

    Typical Information Required

    – Vessel crewing and flagging
    – Management and maintenance records of the vessels with a complete list of all vessel details
    – Five-year loss and premium history
    – Full claims history, including vessels sold or lost

    Benefits & Services

    – Excess of loss, primary or quota share participation
    – Global fronting: locally admitted policy issuance in over 140 countries
    – Worldwide capabilities
    – Global claims network

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Industries

Disclaimer
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, XL GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda are only available through non US-based brokers. The Insurance companies of XL Group plc are: Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Select Insurance Company, XL Insurance Company of New York Inc., XL Insurance (Bermuda) Ltd, XL Insurance Company Limited, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Insurance Argentina SA Compañia de Seguros and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #1209 are managed by XL London Market Ltd and supported by XL corporate members at Lloyd’s. Additional important information regarding our business is provided on our Legal Notices page.

Expert Profile

  • Rich DeSimone Rich leads our North America ocean and inland marine business, drawing on both a naval career and extensive experience in marine insuran ... View profile
  • Stephen Preston Steve is a Senior Underwriter on our marine insurance team. He uses his experience and knowledge of the Asia marine market to help his c ... View profile
  • Pauline Lim Pauline is an Underwriter on our marine insurance team in Singapore. She prides in working closely with intermediaries to promote XL as ... View profile

Contacts

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