OCEAN MARINE

Pioneer understands the complex risks that face maritime businesses today. We’re known for providing tailored solutions for these complex risks, as well as delivering on our commitment to long-term partnerships with brokers and our policyholders.

Pioneer offers Hull & Machinery and Protection & Indemnity (P&I) coverages for many types of vessels, as well as General Liability and Excess Liability for maritime businesses of all types.

Our philosophy is to offer a broad product to ensure that our policyholders have no gaps in coverage.

TARGET CLASSES

  • Ship Repairers
  • Shipyards
  • Marine Contractors
  • Marine Terminals
  • Port Authorities
  • Marine Transportation
  • Tug & Barge Operators
  • Fishing Vessel Operators
  • Municipal Vessels
  • Research Vessels
  • Wharf Owners
  • Stevedores

Click here to download the Summary Brochure

MARINE GENERAL LIABILITY

We offer one of the most comprehensive Marine General Liability forms in the industry. Based on the ISO form,
we offer these thoughtful coverage extensions to address the specific needs of maritime businesses:

  • Broad contractual liability, including
    • Action Over
    • Operation of Watercraft
  • No Care, Custody and Control Exclusion
  • The watercraft exclusion has been tailored to dovetail seamlessly with the Assured’s P&I coverage
  • Blanket Additional Insured & Waiver of Subrogation
  • Sudden & Accidental Pollution Coverage
  • Miscellaneous Property Protection for tools, etc.
  • Limit: $1,000,000 per occurrence
  • Aggregate Limit: $2,000,000
  • NO MINIMUM PREMIUM

COVERAGE HIGHLIGHTS

Excess Marine Liability

  • Coverage can be Following Form Excess or Bumbershoot Liability
  • Capacity is $5,000,000
  • We will entertain 100% of bumbershoot policies sitting over MGL coverage

Hull & Machinery / Protection & Indemnity

  • Coverage as per industry-accepted policy forms
  • Various limits available

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