Merrimac Marine Insurance LLC

Insurance Services

• Recreational Marine Programs

  Founded in the mid-1990s, Merrimac Marine Insurance is focused on assisting agency partners successfully securing and placing recreational marine business. We are recognized as a marine insurance leader as we have continuously been committed to providing updated coverages and policy enhancements that are in sync with the modernized facilities that comprise this industry. We all also keep in step with emerging risks so that the insurance products we offer address new and evolving exposures.Merrimac offers the knowledge and talent, market access, and coverage strategy to make business happen for agents. Moreover, what distinguishes Merrimac in the insurance industry is the added value we offer to agencies and brokers to help obtain and retain accounts. This value is evident in the expertise we deliver, our knowledge of where to go to place risks, and in our ability to put together a program that fits the insured’s needs year after year.

• Boat Dealer Insurance

  Merrimac Marine has built a reputation among the insurance agency community and boat dealers around the country as the go-to marine experts, putting together comprehensive insurance solutions supported by unparalleled talent, product knowledge, market access and the ability to make things happen. We understand the complex challenges and know what it takes to get an account written. We work with top-tier carriers with the ability to negotiate flexible underwriting terms, broad policy forms and competitive pricing.At Merrimac, we also understand that each boat dealer comes with unique risks. Our individual approach involves evaluating a dealer’s operations and exposures and developing a plan tailored to their profile and the level of coverage needed. There are no cookie-cutter coverage solutions with us. When a loss does occur, we want to ensure coverage is in place to respond.

• Marina and Yacht Club Insurance

  Merrimac Marine is an industry leader in securing comprehensive insurance packages for marine-related facilities and yacht clubs. We offer package solutions that include coordinated marine and non-marine coverages to provide comprehensive protection for the full scope of operations that today’s marinas and yacht clubs offer. Many can be multi-use facilities, combining a wide spectrum of specialized services and amenities, such as boat rentals, restaurants, boat sales, repair, storage, shops and hotels – all of these activities taking place on the navigable waters of the United States, with its own laws and regulations.Whether your insured owns a marina that’s extensive or smaller in scale, there are many issues to consider, including Federal Maritime Laws, Coast Guard Security, OSHA, Homeland Security and environmental protection. At Merrimac, we understand marinas/yacht clubs and how to help you best protect them.

• Boat and Yacht Builders

  The same distinctions that are the hallmarks of a valued boat and yacht builders – craftsmanship, quality and performance – should also be those of the professional you choose to help you with your client’s insurance program. Merrimac Marine specializes in providing insurance for the recreational and commercial marine industries, including for boat and yacht builders. We are dedicated to securing quality insurance products that perform when it comes to responding to the challenges this industry sector faces. With fierce foreign competition, the pressure for environmentally sound practices and tightening profit margins, having Merrimac as your partner serves your insureds well.We provide added value in everything we do, which helps our agency partners deliver a total insurance package at competitive rates.

• Commerial Marine Insurance

  Commercial or light marine. High seas or inland waters. Merrimac Marine is there to help our agency partners provide the protection and reassurance insureds need. With one of the most comprehensive networks of insurance companies and coverages available in the marine insurance industry, Merrimac is a leading source of specialized insurance protection available.Additionally, our professional staff will work as an extension of yours, providing your producers with an unsurpassed level of knowledge in the commercial marine insurance space. From the shipyards and terminals that keep vessels working and profitable to the workboats that transport cargo or provide essential services, we can help you secure the insurance solutions you need to address their myriad of complex, volatile and constantly evolving exposures.

• Maritime Employers Liability Insurance

  Marine insurance leader Merrimac Marine Insurance can provide you with the coverage solutions needed in the event your clients’ employees are injured or become ill on the job. It’s important to understand the scope of exposures involved and the coverages available to respond when it comes to maritime employees, which our marine insurance experts can help you navigate. If, for example, employees in the course of their duties find themselves on a vessel operated by another company, they need specialized coverage. Once a vessel has left the dock and is under its own power, state Workers’ Compensation does not cover the insured and coverage under USL&H will not be sufficient. This is where Maritime Employers Liability (MEL) insurance steps in.

• Marine Repairers Comprehensive Protection

  In protecting marine repairers against the various exposures they encounter – from safeguarding their assets, property and employees – Merrimac Marine offers a broad spectrum of property and casualty insurance products. Whether repairs or maintenance take place dockside or on the water, we will secure the right type of coverages at competitive prices for your marine artisan customers.We work with an extensive network of top-rated insurers, both in admitted and non-admitted markets, to craft a program that meets the risk profile of the insured. We also offer loss control and risk management strategies to help minimize and prevent losses. Additionally, as our agency partner, we will support your efforts in obtaining and retaining your valuable clients with our staff’s expertise, experience and superior customer service. We know how critical is to respond to your requests in order to effectively meet your prospect and customer needs.