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Merrimac Marine Insurance, LLC



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Program Details -

Yacht Manufacturers Program


 

Marine manufacturers are innovators. Over thousands of years they have honed their skills and developed products that drive an entire industry. The modern craftsmen truly merge art and science.

Today they face more complex challenges than ever. Foreign competition is fierce, pressure to be more environmentally aware is escalating, and the profit margins are getting tighter. With this climate you simply can't afford to not protect you business and business income from loss.

In the early 1990's the founders of Merrimac Marine began an analysis of the insurance options that were available for marine manufacturers and discovered that many of the policies were using outdated languages, creating gaps in coverage which did not properly address the modernized manufacturing industry.

Pat Duggan, Vice President of Merrimac Marine, has dedicated his career to the boat manufacturing industry. This unique specialization is the framework of what has become Merrimac Marine. His commitment has provided our policy holders the broadest coverages at the best possible rates. In addition he has compiled an amazing team to take care of his customers including a fully licensed staff, of whom more than half hold the nationally recognized American Adviser in Insurance designation (AAI), as well as award winning customer service team members. As an active board member of the Houseboat Industry Association (HIA) and an active participant of the United Marine Manufacturers Association (UMMA), Independent Boat Builders, Inc (IBBI), National Marine Manufacturers Association (NMMA) as well as many other organizations Pat keeps ahead of the changes in the industry and the effects these changes have on our customers.

When choosing insurance, remember you are not just purchasing a product. You are choosing a representative that will help protect your company.

Take a few moments and see all the ways Merrimac can help insure your business... and your peace of mind.

Property Coverages Available:

  • Real and Personal Property
  • Yacht Dealer
  • Equipment / Lifts / Tools
  • Boat Show/ Exhibition
  • Owned Watercraft
  • Piers, Wharves and Docks
  • Business Income

Liability Coverages Available:

  • General Liability
  • Products Completed Operations Liability
  • Marina Operators Legal Liability
  • Protection and Indemnity
  • Ship Repairers Legal Liability
  • Commercial Automobile
  • Pollution
  • Bumbershoot

Employee Coverages Available:

  • Workers Compensation
  • United States Longshore and Harbor Workers Act
  • Jones Act
Documents needed for a submission:

Please email all applications to tbyron@bmbinc.com

 

Locations Served : Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Washington,D.C., Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West Virginia, Wyoming