Specialized Product Liability for Marine Manufacturers and Parts Suppliers
Marine Equipment Manufacturing Insurance.
Navigating Global Risks in Marine Production
Manufacturing marine components, from hull parts to sophisticated electronics, requires a policy that understands the harsh reality of the marine environment. Water intrusion, corrosion, and component failure can lead to massive liability claims that average over $7 million in the manufacturing sector.
Manufacturer-Specific Protections
Marine Product Liability
Protects against claims of bodily injury or property damage resulting from a defect in a product you manufactured or sold.
Product Recall Insurance
Covers the significant expenses of recalling a faulty component before it causes a widespread maritime accident.
Business Interruption
Ensures your revenue continues if your production facility near Barrie is sidelined by fire, equipment failure, or supply chain disruptions.
CONNECT WITH ONE OF OUR COMMERCIAL MARINE BROKERS TODAY.
Frequently Asked Questions
It covers your raw materials, work-in-progress, and finished goods at your facility, during transit, and while in storage.
Yes, we can structure policies to include Foreign Liability for manufacturers shipping parts to the US or international markets based on a required minimum stock value.