Stray Electric Current Hazards
Lethal stray electric current is a common risk that marina operators, boat builders, and yacht clubs need to take steps to prevent. This insidious threat can quickly pose a risk at marinas, which could lead to electric shock drowning. Aside from fatalities or bodily injury, some electrical incidents can cause costly damage to boats and […]
Website Accessibility Challenges & Litigation
As a leading marine business insurance agency, we want to bring to your attention the need to be vigilant in addressing the needs of Americans with disabilities in all ways, including through your website. Did you know that there has been a series of lawsuits targeting various industries, with allegations that they violate the Americans […]
Marine Artisan Insurance Coverage
When selecting insurance coverage for your marine artisan business, it is essential to work with insurance professionals that understand the unique aspects of your business and have access to highly rated insurance carriers with marine specific products. When you work with a Global Marine Insurance agent, you can expect a clear explanation of exclusions, options […]
Maritime Education
Looking for career options? Here’s an insider tip from your marine business insurance experts. Look into a maritime education. This expanding industry holds a wide variety of possibilities and is headed into a workforce shortage. The marine business is growing, and career opportunities are plentiful. There are commercial and military options, plus the US […]
Ordinance and Law Coverage
If you experience a loss will your insurance compensation be adequate for you to rebuild? The one constant in life is change, this holds true for building regulations. It is impossible to foresee what new regulations may be enacted. In the event of a loss new ordinances and laws can have a significant impact on […]
Marina Emergency Prep
One of the most important things our marina insurance specialists would like to see in place at every single marina in America — aside from marine business insurance of course — is a well-defined emergency protocol. Too often as we process marine business insurance claims, we see situations where better planning and emergency preparedness might […]
Dock Valuations
When it comes to commercial marine insurance, it is essential that marine owners have proper dock valuations completed so that they don’t end up penalized for not carrying enough coverage. As with many aspects of commercial marine insurance, securing a proper valuation by an experienced marine specialist is key. There are many factors to examine […]
Marine Business Insurance | Environmental Liability
Have you or your marine business insurance provider ever considered the risk of environmental liability? We’ve seen news reports in recent years about the costs of environmental liability for businesses that must pay hefty fines and clean-up costs for water pollution. Recently, XTO Energy, a subsidiary of Exxonmobil, reached an agreement with the U.S. Environmental […]
Marina & Boat Manufacturer Forklift Safety
As marine business insurance specialists one challenge we see for marina and boat manufacturers is fork lift operators with inadequate training. Often on the job training results in the sharing of unsafe practices and inadequate safety measures. The results can be catastrophic when operators make a mistake while stacking boats on racks sometimes several stories […]