Westbrook, CT (PRWEB) January 30, 2014
Maritime Program Group (MPG) announced the launch of a new package policy for marine contractors underwritten on Navigators Insurance Company paper. The new package policy allows the Marine General Liability (MGL), hull coverage for work boats and barges, protection & indemnity, including Jones Act crew coverage, Bumbershoot (excess liability) and scheduled and unscheduled tools and equipment to be on one complete package policy.
“Marine contractors can be an arduous class of business to write with all of the moving components,” said John Sterling, MPG’s VP Ocean Marine, “Being able to offer a single package and take a streamlined approach to this complex class of business gives our producers an immense advantage.”
MPG’s Marine Contractor program targets those operations conducting sea wall construction, dock building, pile driving, dredging, painting, light diving, crane operators and other miscellaneous marine operations. Minimum premiums start at $3,000.
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. For more information about Maritime Program Group, visit http://www.maritimepg.com or call Damon Pesce at 800.366.8086 Ext. 1658.