Marine Facilities present unique risks and opportunities. These indicators outline key factors that strengthen or limit Chubb’s appetite within this diverse sector:
Proactive risk management helps prevent common workplace injuries.
Formalized training fosters a culture of safety and compliance.
Clear plans ensure smooth operations during disruptions.
Written and rehearsed plan for approaching storms.
Formalized requirements for allowing subcontractors to enter/ work on premises.
Insufficient safety or maintenance increases risk of incidents. (Egress Ladders, throwable life rings, portable fire extinguishers). Lack of maintenance and updates on dock systems, including electrical.
Frequent or severe claims signal ongoing risk management issues.
Cords, cables, and hoses across docks and slips create hazards.
Missing signs (e.g., "No Swimming," NFPA 303 compliance for fueling operations) reduce safety and regulatory compliance.
Marine facilities must protect against exposures both in water and on land. Chubb recognizes the unique risks faced by marine facilities and offers customized insurance solutions to cater to their individual needs to stay competitive. Chubb has been safeguarding marine facilities for over 30 years and remains committed to serving clients in this complex and ever evolving sector.
We have the underwriting appetite, specialized expertise, insurance products, and services to help agents like you quickly write more business for clients of all sizes.
Our team of world-class industry professionals is readily available to partner with businesses and effectively mitigate any risks they may face.
Chubb Marine Facilities loss control specialists are pleased to provide with you with this exclusive publication on guidelines for developing and implementing a hurricane emergency action plan.
Chubb is pleased to provide this checklist guide to assist Boat Clubs in developing and implementing site-specific hurricane emergency action plans. Plans should include actions before, during and after a hurricane event.
A Boat/Yacht Dealer Bond is a type of license and permit surety bond for brokers and dealers of yachts, vessels, watercrafts, ships, motorboats, and more.
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Chubb Resilience Services offers comprehensive solutions to help marine facilities clients understand their exposure to physical climate risk.
Chubb's IoT monitoring program includes the installation of sensors and other IoT devices that can predict and prevent property damage.