Resources by industry

1 - 10 of 29 items [Currently showing All Items in Marine]

Oil in the Water

This presentation will provide attendees, information on an overview of Oil Pollution Act 1990 (OPA90), understanding the Vessel Response Plan (VRP), the importance and your role in the Incident Command system, what to do when oil spills into the water

Tag(s): Marine;

2017 Commercial P&I Market Review

The Arthur J. Gallagher “Commercial P&I Market Review” continues to be the most comprehensive fixed market review of its kind and compliments our mutual IG Club “Annual Pre-Renewal P&I Review” offering, which will be published later this autumn.

Tag(s): P&I; Marine; Market Report;

Marine Minute: 2017 Marine P&I Pre-Renewal Review

We at Arthur J. Gallagher have been calling for this for several years, as the benign claims environment made itself more obvious. The Clubs, however, true to their conservative outlook on life, had, with a few notable exceptions, resisted the temptation.

Tag(s): Marine;

Market Report: Marine Industry Update - October 2017

A glut of capacity in the U.S. marine insurance market has created one of the softest markets in recent history for operators on the American waterways. Domestic insurers have been forced to underwrite policies at aggressively priced rates in order to hold onto existing business and attract new policyholders.

Tag(s): Marine;

Claims Advocate Helps Recover on an Initially Denied Claim

In the event of a claim, time is of the essence and the Gallagher Marine Claims Team can provide a rapid response service that is, first and foremost, focused on protecting the interests of our clients. Our claims teams are not separate functions of our business, but together a closely aligned and valued part of the broader offering. Claims team members are involved in the placing process, just as placing brokers are involved in claims recovery efforts. This ensures continuity and consistency of approach; it is the foundation upon which our solutions are constructed and affected. See attached case study for an example of how our claims team helped a client.

Tag(s): Marine; Claims Advocacy;

Market Report: Marine Industry Update

In 2016, commercial throughput in U.S. ports and fleet growth have remained flat with single digit growth and offshore energy service companies have seen a dramatic slowdown, with many companies laying up vessels. The knock-on effect to marine insurance companies is that layup return premium erodes the overall premium base.