Validus Specialty partners with Eagle Ocean America, Announces new US Vessel Operator Cover
22 Marzo 2018 - 6:30AM
Business Wire
The Marine & Upstream Energy insurance team of Validus
Specialty Underwriting Services, Inc. (“Validus Specialty”) today
announced a partnership with Eagle Ocean America, a full-service
insurance facility operated by Eagle Ocean Agencies.
The partnership allows Eagle Ocean America to offer new hull,
liability and ancillary covers to serve U.S. vessel transportation
risks.
“With this cover, fleets operating in the U.S. inland and
coastal waters will have a service oriented, responsive provider in
Eagle Ocean America,” said Christian Platusich, SVP – Head of
Marine and Upstream Energy USA at Validus Specialty.
Joe Hughes, CEO of Eagle Ocean added, “Validus Specialty offers
impeccable admitted security in 48 states via the Stratford
Insurance Company, with A.M. Best ‘A’ (Excellent) ratings. Our
brokers and clients will enjoy our responsiveness and Validus’
financial strength.”
The offering will provide P&I (liability) and hull and
machinery cover principally to operators of tugs and barges, work
boats, crew boats, supply vessels, public entity vessels, research
ships and other small craft, and those involved in marine
contracting.
Cover and Limits
Eagle Ocean America will provide fixed-cost P&I (liability)
insurance up to $2 million and Hull and Machinery cover up to $10
million per risk. Cover is available on a variety of standard
industry forms for both hull and liability. Eagle Ocean America can
also arrange the coverage of excess marine liabilities, as well as
comprehensive primary marine general liability, maritime employers’
liability (MEL) and other related insurances underwritten by
Validus Specialty. Guidance as to the parameters of each cover is
available on request.
Claims and Other Services
Eagle Ocean America is committed to providing an unsurpassed
level of service. It is dedicated to the most timely and effective
responses to the needs of its clients and their brokers, supported
by exceptional claims handling, loss prevention, legal and related
advisory services.
Eagle Ocean America
Eagle Ocean America is a full service marine insurance facility
run by Eagle Ocean Agencies, Inc., an affiliate of the managers of
the American Club, an International Group mutual. Eagle Ocean
America provides a comprehensive suite of claims handling, loss
prevention and other professional services in the U.S. domestic
market.
Learn more about Eagle Ocean America
Contact us at info@eagleoceanamerica.com
Learn more about the Validus Specialty Marine & Upstream
Energy insurance team
Validus Specialty Underwriters
Validus Specialty offers a wide range of E&S and Admitted
insurance solutions and operates on behalf of Western World
Insurance Group and Talbot Underwriting Ltd., through Syndicate
1183.
With the flexibility of offering ‘A’ rated Lloyd’s paper and ‘A’
rated U.S. domestic excess & surplus lines and admitted paper
through Western World insurance companies, Validus Specialty offers
enhanced distribution access, excellent technical underwriting and
claims management, and access to leading underwriting capacity.
About Validus Holdings, Ltd.
Validus Holdings, Ltd. (NYSE: VR) is a leading global provider
of reinsurance, insurance, and asset management services. Validus
companies maintain a worldwide presence with more than 1,000
employees in 17 offices. Learn more at validusholdings.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20180322005171/en/
Media
ContactsInvestors:Validus Holdings,
Ltd.Investor.Relations@ValidusHoldings.com+1-441-278-9000OrMedia:Brunswick
GroupCharlotte Connerton / Mustafa Riffat+1-212-333-3810
Validus Holdings, Ltd. (delisted) (NYSE:VR)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Validus Holdings, Ltd. (delisted) (NYSE:VR)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024