Westbrook, CT (PRWEB) November 13, 2013
Maritime Program Group (MPG) announced the rollout of their new Marine Artisan Contractor program.
“MPG's Marine Artisan Contractor program is scalable and comes in two policy options, basic and preferred,” said Dana Downes, MPG’s VP of Recreational Marine. “This gives our brokers the flexibility to offer a product that best fits the needs of their insured.”
Both the basic and preferred package make available on a single policy the following coverage: Marine General Liability, Marina Operators Legal Liability, Protection & Indemnity, Tools & Equipment, Sudden & Accidental Pollution and Owned Watercraft.
The basic policy offers a single combined limit with defense costs inside the limit of liability. The preferred option provides for separate individual limits and defense costs outside the limits of liability.
MPG can also offer coverage for a bumbershoot (umbrella), commercial auto and property on a separate policy(s). Coverage is underwritten in-house by MPG and written on admitted North American Specialty Paper. (A+ rated, A Division of Swiss Re). Minimum premiums start at 0$1,000 for the basic policy and $1,500 for the preferred option.
Maritime Program Group (MPG) is a Program Administrator providing a full range of marine insurance products and underwriting services to its broker network throughout the Unites States. MPG specializes in protecting all types of marine-related assets across every category of marine risks, including Recreational Marine, Inland Marine, and Ocean Marine. Through its Private Client Services, the company serves the individual insurance needs of high net worth clients. MPG also has a wholesale brokerage facility to place Ocean Marine risks that might otherwise not fit their in-house underwriting programs. MPGs nearly 60 employees are strategically located in offices nationwide, with primary offices in Westbrook, CT, Manchester, NH, Stuart, FL and Gladstone, OR. For more information about Maritime Program Group, visit http://www.maritimepg.com or call 800.366.8086 Ext. 1658.