NYMAGIC, through MMO Marine & Energy, is a mainstay of the global marine liability market. We have underwritten policies in this coverage for more than 40 years with great success, as our underwriters understand the risks inherent in the market. Our policies are custom-made, with special attention given to the insured’s risk profile and needs. Our risk capacity is competitive with other global players at $40 million maximum limits.
Provides insurance coverage for lessors of watercraft under Charter Parties and other lease agreements.
Provides liability coverage to contractors servicing the marine and energy industries.
Provides excess liability coverage to marine insureds excess of the primary limits of liability policies.
Provides coverage for claims arising out of injuries to employees associated with maritime trades who may fall under the Jones Act.
Provides primary and excess coverage for liabilities arising out of the operation of owned watercraft, including liability for injury to crew and damage to cargo.
Provides liability coverage to commercial wharfowners, cargo handlers, and terminal operators.