A Tailored Solution by Oversea Yacht Insurance and AXA XL. Addressing the distinctive challenges of independent marine contractors involved in boat construction, maintenance, and repair, this product offers comprehensive coverage for services such as fiberglass repair, marine carpentry, hull cleaning, electronics installation and repair, marine HVAC and plumbing, as well as engine and machinery servicing. Crafted to save time and costs, it’s a game-changer for the maritime industry.
The Marine Artisan Product revolutionizes insurance access for contractors, enabling on-demand policy retrieval and real-time Certificate of Insurance generation via smartphones. Specifically tailored for maritime work, the policy meets shipyard and marina requirements, addressing the evolving landscape of high-cost claims.
Chris Coleman, Director of Commercial Marine at Oversea Yacht Insurance, highlighted the industry’s need for streamlined insurance processes, emphasizing the product’s role in expediting project turnover. The Marine Artisan Product eliminates delays, allowing contractors to access proof of insurance promptly, enhancing efficiency within shipyards and benefiting all stakeholders.
Adam Meyerowitz, President of the Midwest and Southeast Region at EPIC Insurance Brokers & Consultants, emphasized the critical role of insure-tech platforms in fulfilling the marine industry’s needs. Oversea Yacht Insurance, in collaboration with AXA XL, breaks down barriers for specialty contractors, providing a seamless A+-rated paper insurance product with efficient submission processes. Beyond this, Oversea Yacht Insurance extends comprehensive coverage, including worker’s compensation and USL&H, further supporting the diverse needs of the marine industry.
About Oversea Yacht Insurance
Oversea is a 4th generation marine insurance specialty agency with 150+ years of combined experience insuring yachts and marine businesses, dedicated to offering competitive and unique policy options through top-rated insurers. Learn more at www.epicbrokers.com/products/yachts-watercraft/oversea-yacht/.
About EPIC Insurance Brokers & Consultants
EPIC Insurance Brokers & Consultants is a leader in risk management, providing clients with diverse and specialized property and casualty, employee benefits, private client, and specialty insurance solutions. The EPIC team operates from locations nationwide that bring strategic and expansive specializations allowing them to collaborate for innovative and comprehensive risk solution development. For more information on EPIC, please visit www.epicbrokers.com.