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Markets/Coverages: Sompo Launches Marine Insurance Proposition for UK Market

Insurance Journal

Sompo, the Bermuda-based provider of commercial and consumer property/casualty insurance and reinsurance, announced the launch of a new national marine insurance proposition for the United Kingdom. Sompo’s Marine Cargo UK policy and its Transport & Logistics propositions are both designed …

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Insurers Say Dark Fleet Oil Tankers Pose a Major Claims Risk

Insurance Journal

Marine insurance markets face significant risk from the growth of a shadow fleet of ships hauling oil from sanctioned producers like Russian and Iran, an industry group said. The opaque nature of the ownership of those vessels makes it hard …

Risk 258
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What are the most important questions to ask when choosing business insurance?

Protect Commercial Insurance

Familiarising yourself with the various types can help you craft the most effective insurance package: – General Liability Insurance : Covers third-party bodily injury, property damage, and advertising injuries. – Property Insurance : Protects physical assets from perils like fire, theft, and vandalism.

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Key Strategies for Protecting Your Collection

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Review Your Insurance Coverage – Take the time to examine your liability insurance policy to confirm that it includes volunteer coverage. Consult your insurance broker for clarity on the specifics and potential additional coverage options.

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Builder’s Risk Insurance in Tennessee: A Broker’s Guide 

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Premises liability claims : Legal expenses and liability coverage related to any injuries, including trips and falls, that occur on the site. Our program also offers the following coverages: General liability insurance Mold and fungus Off-site materials in transit How Much Does Builder’s Risk Cost in Tennessee?

Risk 52
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Italian Sea Group Says It Is Not Liable in Mike Lynch Superyacht Sinking

Insurance Journal

Italian Sea Group is not liable in relation to the fatal sinking of Mike Lynch’s superyacht, which killed the British tech billionaire and six others, its chief executive said on Tuesday. The Bayesian was built in 2008 by Perini Navi, …

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Builder’s Risk Insurance in Alabama: A Broker’s Guide 

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Our program also offers your clients general liability insurance, which can help cover legal costs that can occur on work sites.  However, the maximum amount we can insure will depend on the kind of project being done, such as: $7.5M

Risk 52