Inland Marine coverage
Our inland marine solution is a unique offering combining elements of engineering (CAR/EAR), property, cargo, warehousing, and fine art and specie coverages to protect mobile floating property, property in transit or in storage, and property used in the course of construction. Munich Re Specialty Insurance leverages the strength of Lloyd's to offer primary inland marine insurance solutions to our partners in the United States.
Capacity
- Capacity of $30m
- Property related to inland marine
(no monoline — max per location) $5m - Natural catastrophe cover $15m
- Motor truck cargo $2.5m
Territory
Domestic US exposures
Coverage details
- Builder’s risk
- Related contractor property including buildings, trailers, business/personal property, and business income
- Transportation (domestic)
- Rigger’s liability
- Contractors equipment
- Motor truck cargo legal liability
- Installation floaters
- Equipment sales and rental
- Exhibition floaters
- Fine arts
Target industries
- Reputable general contractors and developers (single projects and master programs)
- Equipment rental operations
- Iron and steel works
- Light manufacturing
- Medium haul trucking – general commodities
- Subcontractors
- Street and road
- Well servicing contractors
- Mobile medical equipment
- Electronic data processing
- Steel erectors
Out of appetite
- Transport of automobiles, pharmaceuticals, electronics
- Traditional recycling operations
- “Down the hole” energy risks
- Logging equipment
- Tunnel boring operations
- Structural remodel and heavy existing structure exposures
- Vacant buildings
Partner benefits
- AAIS, Proprietary and Form-Following wordings
- Primary or quota share
- In-house claims team renowned for quality handling of all aspects of loss and recovery
- Stand-alone coverage
- Rapid turnaround from local underwriters
- Regional appetite with significant aggregate available
Additional information
- Minimum premium: $20,000
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Contact our experts
Jennifer Hopson
Inland Marine Regional Manager
Jaymee Parker
Inland Marine Regional Manager
Karen Rzeszutko
SVP, Chief Underwriting Officer, Marine
Munich Re Specialty Insurance
Juliette Edwards
Underwriter Inland Marine
Dee Pershay
Inland Marine Regional UW Manager
Further information
About Munich Re Specialty Insurance
Munich Re Specialty Insurance (MRSI) is a description for the insurance business operations of affiliated companies in the Munich Re Group that share a common directive to offer and deliver specialty property and casualty insurance products and services in North America.
For more information on MRSI, including licensing, regulatory-required, and other information on the operating companies, please click here.
