Ocean Marine Insurance

Ocean Marine insurance provides essential protection for vessel owners by covering a wide spectrum of maritime risks. These policies help safeguard against financial loss stemming from cargo damage, physical damage to vessels, and a variety of legal liabilities that can arise during maritime operations. Whether transporting goods, navigating coastal routes, or managing day‑to‑day vessel activity, Ocean Marine insurance offers a critical layer of security.

Deep ocean marine insurance expertise

Berkley brings unmatched marine knowledge and a long‑standing track record of delivering exceptional service to our insureds. We don’t just provide coverage—we build strong, collaborative partnerships that help clients navigate complexity with confidence.

 

With flexible, specialized marine products and a commitment to truly understanding each risk, we tailor solutions that fit the specific needs of every operation. As a leading market for marine builder’s risk, we excel at customizing coverage for unique and technically demanding projects, ensuring our clients have protection designed precisely for the work they do.

Shipping container being moved by truck Shipping container being moved by truck

Our wide range of products

  • Marine Cargo – Coverage designed to address the risks associated with goods being shipped across the globe. Policies typically provide warehouse‑to‑warehouse protection for imports, exports, domestic shipments, and intercompany moves.
  • Marine General Liability – Helps protect against legal liability arising from property damage and bodily injury occurring in marine‑related industries, including exposures around the waterfront or other marine environments.
  • Excess Marine Liability – Offers coverage above primary liability limits, written on a follow‑form excess basis or as a Bumbershoot. A Bumbershoot may also extend to certain non‑marine liabilities—such as auto and employer’s liability—on an excess basis.
  • Hull & Machinery – Provides coverage for loss of or physical damage to your vessel and its machinery, up to an agreed value. Covered damage may occur while the vessel is underway or moored at the dock.
  • Marine Hull Builders Risk – Addresses exposures tied to vessels under construction or conversion. This coverage applies to a variety of vessel types, including tugs, barges, bluewater vessels, yachts, supply vessels, and fishing vessels.
  • Protection & Indemnity (P&I) – Covers third‑party liabilities arising from vessel operations, including liabilities to crew members—most notably those afforded under the Jones Act.
Birds-eye view of cargo ship Birds-eye view of cargo ship

How ocean marine insurance protects your business

Operating vessels or transporting goods over open water comes with unique and often complex exposures. From cargo damage to vessel incidents to third‑party liabilities, even a single unexpected event can create costly disruptions. The right insurance is essential—not only to help safeguard your operations but also to support the long‑term stability of your business.

 

Berkley offers a broad range of ocean marine insurance solutions and dedicated risk management services designed to help protect your business from financial loss.

Shipping container held by crane Shipping container held by crane

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