Inland Marine News
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Markets/Coverages: Canopius U.S., MGA Falvey Partner to Offer Inland Marine Coverage
Apr 10 2023 // Canopius Group, a global specialty re/insurer, announced a new partnership with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the United States. This marks the first time that...
Asta and JPO Consulting Launch ARTes, an MGA Specializing in U.S. Inland Marine
Feb 17 2022 // Asta, the third-party managing agent at Lloyd’s, and JPO Consulting, announced the launch of ARTes Specialty Ltd., an independent UK-based managing general agent (MGA), wholly owned by its founders and...
Pet Insurance Outshines Travel, Other Inland Marine Coverages Cut by COVID: AM Best
Apr 23 2021 // The U.S. inland marine insurance segment experienced a “significant downturn in profitability” in 2020, with its loss ratio deteriorating by nearly 16 percentage points amid the COVID-19 pandemic, according to...
RLI Promotes Ahrens to VP, Inland Marine; Hartje to VP, Excess Liability
Nov 4 2020 // Specialty insurer RLI Corp., based in Peoria, Ill., has promoted Blake A. Ahrens to vice president, Inland Marine, and Bob W. Hartje to vice president, Excess Liability. Ahrens previously served as assistant vice...
How Insurtech Will Revolutionize Inland Marine by Cutting Costs
Jun 17 2019 // Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even difficult-to-place, small or one-off inland marine risks at the best possible...
Growth in Construction, Freight Is Good News for Inland Marine Market
Jun 17 2019 // The inland marine insurance segment has grown steadily in the past decade in tandem with increases in construction spending and the transport of goods, with direct premiums written nearly doubling to $24.5 billion in 2018...
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