AXIS CANADA - OCEAN MARINE
Hull & Machinery appetite and target classes
Class of risk
AXIS underwrites marine hull and P&I coverages with $15,000,000 CAD/USD in capacity available.
Preferred Classes - Commercial Vessels
We focus on commercial marine operations, including:
- Tugs
- Barges and Scows
- Workboats
- Crew Boats
- Pilot Boats
- Landing Craft
- Self-Propelled Barges
- Ferries & Coastal Freighters
- Commercial Fishing Fleets
- Water Taxis
- Charter & Excursion Vessels (professionally managed)
- Dredging Operations
- Pile Drivers
- Crane Barges
- Piers & Docks
Specialty Products
- Protection & Indemnity
- Builder's Risk (Vessel Construction)
Target Risk
- Canadian-owned and operated marine businesses
- Experienced operators with strong safety cultures
- Well-maintained fleets
- Insureds with:
- 5+ years operating history
- Strong loss experience
- Transport Canada Regulatory compliance
- Survey compliance
- Experienced captains and crews
- Long-term broker relationships and portfolio opportunities
- Federal, provincial, and municipal government fleets
Product information is for descriptive purposes only, does not provide a complete summary of coverage, and is intended for use by licensed insurance producers. For our financial strength, individual insurance company ratings, and regulatory disclosures by jurisdiction, visit: https://www.axiscapital.com/product-information.
