Marsh USA  

MARINE


Marsh’s Global Marine Practice has deep practical experience working across the maritime world. Our clients include ship owners, charterers, cargo owners, traders, contractors to the offshore oil and gas and construction industries, port authorities, terminal operators and shipyards.

Marine

Marsh's Marine Practice is a leading advisor to the maritime industry on risk and insurance issues. With almost 600 dedicated professionals worldwide, the Marine Practice places approximately US $3 billion in insurance premiums into marine markets globally.

Global Service Approach

The maritime industry demands specialist knowledge; our product lines drive our global service approach and augment our capabilities with professionals who are dedicated to providing expertise and innovation in these fields:

  • Hull and Machinery;
  • Marine Liability;
  • Protection and Indemnity; and
  • Marine Cargo.

Risk Mitigation

The maritime business is a high profile industry with potential for catastrophic losses. Whether the risk relates to; ship repair and maritime construction risk, general average, natural catastrophes, delay in start-up, war risks, terrorism, coastal marine operations, inventory, or the myriad of other risks, our experts are on hand to provide insight and solutions to address your business challenges.

Collaboration and innovation are key factors in our success: they lead to new and innovative products and creative ideas that have resulted in unique client solutions, including:

  • Marsh put in place a solution for multiple governments for their war insurance issues following market changes.
  • We pioneered the concept of social responsibility insurance.
  • Our team was instrumental in shaping the Athens Convention into a format that permitted liabilities imposed by that convention to be insured.
  • We developed the first open platform, online certificate and account management system dedicated to marine cargo, www.MarshCargo.com – now the global standard.

Today, we continue to encourage originality. We always have one eye on the future in addressing new challenges in the volatile world in which our clients operate.

Marsh Risk Management Research
US Insurance Market Report 2014
February 07, 2014  |  Views: 6233 |  Comments: 0 
US Insurance Market Report 2014
US commercial property insurance prices stabilized for many organizations in 2013 as a significant surplus of capital among insurers and reinsurers kept competition high.  >>
Global Insurance Market Quarterly Briefing — February 2014
February 04, 2014  |  Views: 3358 |  Comments: 1 
Global Insurance Market Quarterly Briefing — February 2014
Global insurance rates trended downward in the fourth quarter of 2013 in all regions except the US.  >>

Additional Thought Leadership
Advisor: Brazil Customs Bonds
October 07, 2013  |  Views: 24796 |  Comments: 0 
Advisor: Brazil Customs Bonds
A recent change in Brazil's importation tax law could have a major cost impact for firms.  >>
The Panama Canal Expansion Project: A Look at Why and When
April 25, 2013  |  Views: 12376 |  Comments: 2 
The Panama Canal Expansion Project: A Look at Why and When
This video, presented by Marsh's experienced marine experts, evaluates the promised benefits and potential risks of the Panama Canal Extension Project, as ports, terminals, shipbui...  >>
Looming Strike Spurs Supply-chain Angst (CFO)
December 11, 2012  |  Views: 13615 |  Comments: 0 
Looming Strike Spurs Supply-chain Angst (CFO)
Marsh report, “U.S. Port Strikes — What's At Stake and How To Manage Your Risk” discussed by Business Insurance.  >>
Port Strikes on East, Gulf Coasts Could Cripple Supply Chains: Marsh Report (Business Insurance)
December 11, 2012  |  Views: 13930 |  Comments: 0 
Port Strikes on East, Gulf Coasts Could Cripple Supply Chains: Marsh Report (Business Insurance)
Marsh report, “U.S. Port Strikes — What's At Stake and How To Manage Your Risk” discussed by Business Insurance.  >>
Marsh Insights: Marine Market Monitor, July 2012
July 16, 2012  |  Views: 9964 |  Comments: 0 
Marsh Insights: Marine Market Monitor, July 2012
The cumulative losses have affected the market but surplus capacity is helping to limit rate increases.  >>
Marsh Insights: Marine Market Monitor — Issue 2, September 2011
September 12, 2011  |  Views: 9992 |  Comments: 0 
Marsh Insights: Marine Market Monitor — Issue 2, September 2011
We discuss several factors influencing the marine market, including hull and machinery risks, the shipbuilding and insurance market, protection and indemnity, cargo risks, and mari...  >>
Marsh Insights: Marine Market Monitor — Issue 1, February 2011
September 12, 2011  |  Views: 9286 |  Comments: 0 
Marsh Insights: Marine Market Monitor — Issue 1, February 2011
The latest issue of Marsh's Marine Market Monitor newsletter provides an analysis of current risk issues affecting the Marine industry.   >>
Charterparty Piracy Clauses and Maritime Insurances
December 06, 2010  |  Views: 15468 |  Comments: 0 
Charterparty Piracy Clauses and Maritime Insurances
As the volume and violence of pirate attacks continues to escalate1, our Marine specialists have prepared this technical paper to help vessel charterers and cargo-owners better und...  >>
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Strategic Marine Services
Views: 15192 |  Comments: 0 
Strategic Marine Services
Marsh's strategic marine services help clients to reduce their total risk exposure and total cost of risk, improve efficiency, and better understand the global risk environment.  >>
The SAMI Facility
Views: 14926 |  Comments: 0 
The SAMI Facility
New insurance facility for the Private Maritime Security Company industry.  >>
CargoCover®
Views: 14155 |  Comments: 0 
CargoCover®
CargoCover® is the world's leading online cargo insurance application, providing cargo and freight insurance to thousands of freight forwarders and shippers worldwide.  >>
Charter Default Insurance
Views: 8601 |  Comments: 0 
Charter Default Insurance
In response to shipowners’ increasing concerns about charterers’ solvency, Marsh has developed an industry-first product that protects owners from damaging financial losses.   >>
CS STARS
Views: 22092 |  Comments: 0 
CS STARS
CS STARS LLC supports comprehensive risk management, enterprise risk management and compliance and safety management.   >>
Marine Cargo Claims Handbook
Views: 18915 |  Comments: 0 
Marine Cargo Claims Handbook
This booklet has been prepared as a guide and information tool to help you and your personnel handle loss or damage to property in transit.  >>
Marine Cargo: Automotive—Ocean Marine, Stock and Inland Distribution
Views: 14288 |  Comments: 0 
Marine Cargo: Automotive—Ocean Marine, Stock and Inland Distribution
Marsh's Marine Practice provides expertise on coverage placements for marine cargo, stock and car compound and/or open lot risks, and inland distribution.   >>
Marine Cargo: Chemical
Views: 15717 |  Comments: 0 
Marine Cargo: Chemical
Marsh's Marine Practice in collaboration with the Chemicals Practice, provides solutions for the placement of cargo insurance programs for large and mid-size chemicals companies.  >>
Marine Cargo: Communications, Media and Technology
Views: 14150 |  Comments: 0 
Marine Cargo: Communications, Media and Technology
Marsh's Marine Practice in collaboration with the Communications, Media & Technology Practice provides dedicated marine cargo expertise.  >>
Marine Cargo: Mining, Metals, and Minerals
Views: 14499 |  Comments: 0 
Marine Cargo: Mining, Metals, and Minerals
We collaborate with our Mining, Metals & Minerals colleagues to provide marine cargo expertise and solutions.  >>
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February 19, 2014  |  Views: 1907
Risk & Insurance Magazine® Honors 58 Marsh Colleagues with Power Broker® Awards
Representing 21 categories, 46 Marsh professionals were recognized as 2014 Power Broker® winners, including two colleagues receiving the Responsibility Leader® designation, and 12 ...  >>
February 07, 2014  |  Views: 2106
Favorable US Insurance Market Conditions Expected in 2014: Marsh
The ample capacity and competition that helped temper firming of US commercial insurance rates in 2013 is expected to continue into 2014, barring higher than expected catastrophe l...  >>
February 05, 2014  |  Views: 1730
Global Insurance Pricing Declines in Fourth Quarter: Marsh
US only region with higher overall renewal rates.  >>
July 17, 2013  |  Views: 3524
Marsh and Allianz Global Corporate & Specialty Announce Major Claim Promise
Extends major claim promise concept worldwide to include marine losses.  >>
January 30, 2013  |  Views: 6580
Further Firming Expected in US Commercial Insurance Market in 2013: Marsh
US commercial insurance rates are expected to continue firming in many lines of business and industry sectors in 2013 as above average losses, subdued investment returns, and reced...  >>
August 06, 2012  |  Views: 13519
Marine Insurance Market Remains Favorable for Buyers Despite Losses
Piracy Remains Significant Threat to Marine Industry  >>
February 15, 2012  |  Views: 15371
Marsh Launches New Insurance Facility To Support Rapidly Developing Maritime Security Sector
Marsh announces the launch of a new insurance facility that provides comprehensive insurance coverage for the Private Maritime Security Company (PMSC) industry.   >>
April 27, 2011  |  Views: 6735
First-Quarter Insurance Rate Increases Confined to Loss-Affected Exposures: Marsh
Global Insurance Markets Under Pressure as Atlantic Hurricane Season Approaches Despite record level first-quarter catastrophe losses, insurance rate increases were confined to lo...  >>

Contacts
Lizzy Morton
Global Marketing – Marine, Energy & Aviation
London, United Kingdom
+44 (0) 20 7357 1179
lizzy.morton@marsh.com