Marine Overview

The sea has always been the key to economic success worldwide, offering a means of both exploration and transporting cargo

The sea has always been the key to economic success worldwide, offering a means of both exploration and transporting cargo.

International trade is the lifeblood of the worldwide economy. As new technologies are developed, new maritime risks arise. That’s why it’s critical to have an expert who understands those risks as a partner. Starr Companies offers a complete suite of tailored and varied offerings. As experienced, reliable and recognized providers of marine insurance products and services to the commercial shipping and transportation and related industries, Starr Companies hallmark is our significant and longstanding presence in the global marketplace.

Target Risks

Ocean Cargo

  • Importers
  • Exporters
  • Distributors
  • Multinational Accounts
  • Stock Through put including Retail Stock Through puts
  • Finished Goods
  • Bulk Commodities
  • Raw Materials
  • Project Cargo including Delay in Start Up
  • Medical Products & Equipment
  • Industrial & Farm Equipment
  • Apparel
  • Logistics Providers

Marine Liability - Primary, Excess, and Bumbershoot

  • Marine Contractors
  • Marine Cargo Terminals (dry & liquid)
  • Shipyards – repair and new build
  • Marine Product Manufacturers
  • Boatyards
  • Boat Builders
  • Marinas (Excess Marine Only)


  • Hull & Machinery and Protection & Indemnity
    • Tugs, Barges & Towboats
    • Police and Fire Boats
    • Offshore Supply Vessels
    • Tour Boats
    • Ferries
    • Research and Oceanographic Vessels
    • Workboats
    • Tenders and more
  • Hull Builders Risk
    • Commercial shipyards
    • Vessel owners
  • Maritime Employer's Liability
    • Marine Contractors
    • Ship Repairers
    • Fishery Oberservers
    • Catering Companies

Coverages Available

Ocean Cargo

  • All Risk coverage of physical loss or damage from an external cause
  • Foreign and Domestic Inland Transit
  • Warehousing & Processing Coverage
  • Errors & Omissions Coverage for Freight Forwarders
  • Tax Liability
  • Voyage Frustration
  • Consequential Loss
  • Multi-National Controlled Cargo Programs
  • Cargo Legal Liability
  • General Average Contributions
  • Project Cargo including Delay in Start Up

Marine Liability

  • Commercial Marine Liability for the operations, contractual liabilities and products/completed operations liability exposures of maritime operators.
  • Ship Repairers’ Legal Liability offers ship repairers coverage for liability arising out of the care, custody and control of vessels under repair by the policyholder.
  • Terminal Operators’ Legal Liability insures terminal and port operators for liability arising out of care, custody and control exposures.
  • Charterer’s Legal Liability insures vessel charterers’ liability for bodily injury and property damage assumed under a charter party.
  • Stevedores’ Legal Liability gives stevedores care, custody, and control coverage for damage to non-owned vessels and cargo while loading or unloading.
  • Wharfingers’ Legal Liability provides Bailee liability coverage to operators of commercial piers and wharves.
  • Excess Marine Liability (including Bumbershoots) allows for limits beyond those provided by the primary Marine Liability program.

Limits Available

  • Up to $100,000,000 for all Marine Classes


  • Various options available

Loss Control

  • Worldwide Network available 24/7 to assist with risk management initiatives:
    • Port Analysis / Audits
    • Vessel Inspections
    • Load & Stow Surveys
    • Hurricane Preparedness
    • Carrier Selection review and analysis
    • Imminent Danger – Establish formal plan
  • Worldwide Partners:
    • Logistics and Supply Chain Experts
    • Licensed Mariners and Engineers
    • Law Enforcement Personnel
    • Qualified Marine Surveyors
    • Fire Safety Inspectors
    • Security Consultants
  • Carrier Selection and Vetting:
    • It is imperative; both from a security and a safety standpoint, that transportation providers are well qualified to carry a particular load.
    • Before entrusting a carrier with cargo, it is important to ensure that each carrier has the proper training and practices in place to safely carry that cargo.
  • Route Studies and Trip Planning:
    • Prudent carrier will have a record of practices, ranging from utilizing new, well-maintained vessels to ensuring that truck transits have the necessary road permits, height and weight clearances, and escorts.
  • Packaging and Handling:
    • The first line of defense against transit damage will always be the proper application of packaging.
    • Maintaining an up-to-date protocol for both ensures that cargo is protected as well as can be during transit.


Coverages herein are underwritten by Starr Indemnity & Liability Company, Starr Insurance & Reinsurance Limited, Starr Specialty Insurance Company, Starr Surplus Lines Insurance Company, Starr International (Europe) Limited, Starr Syndicate Limited at Lloyd’s of London, Starr International Insurance (Asia) Ltd., Starr Property & Casualty (China) Company, or Starr International Insurance (Singapore) Pte., Ltd.

The coverages described in this document are only a brief description of available insurance coverage. It is intended for general information purposes and does not provide any guidance regarding coverage that may or may not be available under this policy as respects any claim. Any Policy issued by Starr Companies will contain limitations, exclusions and termination provisions. Not all coverages are available in all jurisdictions. For costs and complete details of specific policy coverage, please contact the insurance professional above.