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Ocean and Commercial Marine

In Canada there are currently over 16,000 licensed commercial fisheries with operations in the Atlantic.

Those who build, operate, service and repair marine vessels face many exposures that can cause financial strain. Whether the ship is used for recreational or commercial purposes, all water vessels are vulnerable to exposures that can damage vessels and cargo, and harm crew or passengers. Having the right insurance policy in place will help protect your clients.

Burns & Wilcox can provide access to a wide range of coverages to safeguard any vessel, no matter its size or function. Our Marine Center of Excellence has the products and expertise needed to offer a variety of specialized insurance solutions tailored specifically to each of your clients that operate marine vessels.

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Marine General Liability

Marine General Liability Available Through Burns & Wilcox

Our Marine Center of Excellence provides you with expert knowledge and access to specialty markets. In the ever-changing landscape of the ocean marine industry, marine professionals face many perils which can affect business operations. Without the proper insurance coverage in place, marine professionals can be exposed to financial strain if held liable for liability claims. Marine General Liability is the first steps in limiting this exposure and meeting the insurance needs of your client’s maritime operations.

Marine General Liability through Burns & Wilcox provides peace of mind for marine professionals ranging from stevedores, wharfingers, terminal operators, ship repairers, and more.

As a leader in providing access to wholesale specialty insurance, the Marine Centre of Excellent at Burns & Wilcox has the products and expertise needed to safeguard the reputation and business operations of all your marine professional clients.

 

Hull and P&I

Protection and Indemnity (P&I) Insurance can broaden your clients’ coverage to include the indeterminate risks associated with the ownership and operation of a vessel.

Protection and Indemnity (P&I) Insurance was specifically created to address the unique needs of the marine industry. As a leading provider of wholesale specialty insurance, Burns & Wilcox delivers the knowledge and resources needed to limit exposure to the financial damages resulting from third-party liabilities.

Coupled with our fast quotes, competitive rates, excellent client service, and unparalleled access to markets and products, it is no wonder Burns & Wilcox is a top-rated excess and surplus coverage wholesaler for commercial ocean marine products.

Owners of commercial vessels face many perils which can result in damage to their ship. With a vesselout of commission, owners of marine-based business may be at risk for lost revenue. With repairs costing upwards of hundreds of thousands of dollars, it is important to ensure that adequate coverage is in place to mitigate the financial burden of getting a vessel back in service.

Burns & Wilcox can provide access to coverage for a variety of commercial boats of all sizes and types. From charter boats to research vessels, Hull Insurance through Burns & Wilcox safeguards your clients from the financial strain caused by physical damage to their vessels and machinery.

As a leading provider of wholesale specialty insurance, Burns & Wilcox has the breadth of products and experience you need to provide your clients with intelligent solutions for their marine vessel needs.

Freight Forwarder

Freight Forwarders act as an intermediary in providing a one-stop shop by providing various logistic services and acting as agents for the ship, air carrier, transportation broker or warehouseman. They operate under set trading conditions and generally are members of trade associations.

Coverage from Burns & Wilcox is designed to protect the Freight Forwarders against their legal liability for physical loss of/or damage to customer’s cargo and for consequential resulting losses. It also covers liability for financial loss incurred by a customer resulting from failure by the insured, partly or totally, to perform contractual obligations.

Coverage Details and Features

  • Access to Domestic & London Markets
  • Online Certificate Issuance System
  • Canadian Wide Representation
  • In-house claims adjusting
  • Coverage for a wide array of shipments

Target Classes

  • Boat dealers
  • Marine contractors
  • Boat or marine product manufacturers
  • Cargo (for shipments by vessel or air)
  • Marine service industry
  • Boats – including standard personal use, corporate use, fishing guides, excursion boats, and more
  • Shipyards
  • Stevedores
  • Marinas
  • Wharf and dock owners
  • Waterborne contractor’s equipment
  • Charters and excursion boats
  • All recreational boats as well
  • Freight Forwarders
  • Hull and P&I

At Burns & Wilcox our expertise becomes your expertise. Our marketing materials are designed to help you give your clients what they want to hear – yes to almost any hard-to-place-risk.