MPG expands ocean marine programme

Connecticut-based programme business administrator Maritime Program Group (MPG) has expanded its ocean marine programmes to include a new underwriting facility that targets commercial shipyards, terminal operators, ship repairers, stevedores, port authorities and wharfingers.

Marine coverages can be offered stand-alone or packaged with related lines, including marine general liability (MGL), bumbershoot and excess liabilities, hull and P&I, property, crime, Inland Marine and Auto. Policies will be written with North American Specialty to admitted Swiss Re paper. All underwriting, quoting, issuance and servicing is handled in-house by Maritime Program Group.

MPG specializes in protecting all types of marine-related assets across every category of marine risks, including recreational marine, inland marine, and ocean marine. Through its Private Client Services, MPG serves the individual insurance needs of high net worth clients, hard to place and coastal homeowners, standalone liability and excess flood.