Marine Insurance Solutions

Ocean Marine & Inland Marine Insurance

Formerly branded as Boston Marine Insurance Services

We were founded on the principal that marine insurance is a people business. Our knowledgeable and client-oriented staff has more than 65 years of experience in the commercial and recreational marine insurance business, and our goal is to offer you unmatched expertise, service, and experience on your new or existing accounts.

With over 30 years of underwriting experience for both Inland and Ocean Marine Insurance, we are uniquely positioned to assist your agency in the placement of inland and ocean marine related risks through our in-house, exclusive programs or through the relationships we have developed with our marine underwriters.

 

Inland Marine

Our Inland Marine capabilities include:
Motor Truck Cargo
Builder’s Risk
Bailee Customers
Contractor’s Equipment

Ocean Marine

Our Ocean Marine capabilities include:
Hull and Protection & Indemnity
Bumbershoots
Marine General Liability
Ocean Cargo

Maritime Museums

Maritime Museums are cultural institutions that need a flexible and comprehensive insurance package, that is tailored to their unique needs.

Binding Authorities

BMIS has several exclusive binding authorities for inland and ocean marine accounts with A rated carriers.

Inland Marine

  • Builder’s Risk
  • Contractor’s Equipment
  • EDP
  • Fine Arts Floaters/Dealers
  • Installation Floaters
  • Manufacturers Output
  • Motor Truck Cargo
  • Radio & Television
  • Storage Tanks and Contents
  • Transportation, Transit/Location
  • Warehousemen’s Legal Liability
  • Bailee Customers
  • Courier Carrier Liability
  • Exhibition Floaters
  • Furriers Customers/Block
  • Jeweler’s Block
  • Mobile Medical Equipment
  • Piers, Docks & Slips
  • Rolling Stock
  • Theatrical Equipment
  • Trip Transit

In addition to placing the below types of risks, we have exclusive in-house programs as well. These include a small business program for Contractor’s Equipment, Motor Truck Cargo, and Scheduled Equipment Floaters, for those accounts who do not meet the ever increasing minimum premiums found elsewhere in the marketplace. Our Minimum Premium is $750 for eligible risks. We also have a trip transit facility for single shipments. Please contact us for further details on these programs.

Ocean Marine

  • Boat Dealers

  • Bumbershoots

  • Charterer’s Legal Liability

  • Excess P&I and Legal Liability

  • Lobster Boats

  • Marina Packages

  • Marine Comprehensive Liability

  • Mega-Yacht Insurance

  • Single Shipment

  • Six-Pack Charter Boats

  • Terminal Operators

  • Builder’s Risk

  • Charter party Boats

  • Excess Marine Employer’s Liability

  • Hull and P&L

  • Marina Operators

  • Marine Contractors

  • Maritime Employer’s Liability

  • Ocean Cargo

  • Stevedores/Wharfinger Liability

  • Ship repairer’s Legal Liability

  • Yachts

In addition to placing the below types of risks, we have exclusive in-house programs as well. Our staff can underwrite and bind certain Hull and P&I, along with Marine General Liability accounts. 

Please contact us for further details on these programs.

Maritime Museum 

A new, competitively priced, proprietary program for Maritime Museums designed specifically to address the waterborne exposures that these institutions have. Maritime Museums are cultural institutions that need a flexible and Comprehensive insurance package that is tailored to their unique needs.

Comprehensive Marine General Liability 

Applying to the Insured operation as a Maritime Museum including related activities

Limits: $1M per Occurrence, $2M Aggregate

Including: 

  • Non-Owned and small vessel Protection and Indemnity
  • Marina Operators Legal Liability, Care Custody & Control as well as Boat Dealers

Offering:

  • Liquor Liability
  • Regatta Liability
  • Employee Benefits Liability
  • Employees Dishonesty
  • Non-owned & hired autos

Property 

Broad Form Property Coverage With Gold Choice Property Enhancement Endorsement

Including:

  • Flood and Earthquake where available
  • Equipment Breakdown
  • Inland Marine – Equipment & EDP

Offering:

  • BII/EE Coverages

Broad Form Fine Arts Forms

Including:

  • Property in Transit
  • Newly Acquired Property
  • Flood and Earthquake where available

Traditional Marine Coverage

  • Hull & Machinery Coverage for scheduled vessels
  • Protection & Indemnity Coverage for scheduled vessels
  • Jones Act Coverage for full and part-time crew
  • Charter Coverage for museum operations
  • Customized Options can include:
  • P&I for Non-Owned Watercrafts
  • Sailing School & Sailing Class Studies
  • Boat Building & Restorations
  • Special Sailing & Marine-Related Events

Excess Marine/Bumbershoots/Umbrella

  • Additional Limit available over scheduled underlying insurances

Please contact us for further details on these programs.