Whatever your business, we have your inland marine risks covered
MSIG USA provides tailored inland marine insurance solutions on an admitted and non-admitted basis for the full spectrum of businesses with inland marine exposures. We regularly work with companies in transportation and logistics, shipbuilding and repair, construction, energy, manufacturing, ports and terminals, medical sciences, video and music production, and trucking, as well as businesses that deal in fine art.
In customizing a solution to your needs, we can draw from a wide range of inland marine coverage classes, such as builders risk, installation floaters, contractors equipment, rolling stock/railroad property, motor truck cargo, warehouseman’s liability, miscellaneous floaters, and many more. We also bring the flexibility to write coverage on AAIS inland marine forms, ISO forms for package policies, and manuscript or bespoke forms for non-filed classes.
We help protect your cargo all along the way
MSIG USA provides admitted and non-admitted options to protect goods of all types while in transit, including raw materials and finished goods. Whether you are a manufacturer, distributor, importer, exporter, freight forwarder, trucker, or logistics company, we can help protect your cargo with an inland marine insurance solution for owned or non-owned cargo, tailored to your unique needs. Products include motor truck cargo covering your liability to cargo owners as well as various transit policies covering first party property damage on owned cargo.
MSIG USA offers marine coverage for the construction industry
When your inland marine activities involve new construction, renovations, buildouts, rehabilitations, or installations, MSIG USA can provide coverage that addresses your specific exposures.
Our underwriters have the knowledge and experience to tailor an insurance solution to your requirements, with coverage options that include builders risk, installation floaters, and contractors equipment. Our highly experienced in-house risk engineering consultants can help you prevent inland marine losses through comprehensive risk assessments—which are especially vital on construction projects—and practical risk reduction recommendations.
MSIG USA routinely provides customized inland marine construction solutions for real estate developers, general contractors, and specialty trade contractors for non-frame facilities such as:
- Medical facilities
- Other commercial buildings
We help protect your rolling stock
MSIG USA is a market leader in providing rolling stock and railroad property coverage. Larger rail systems may package rolling stock and other railroad-related property, including track and roadbed, maintenance of way equipment, or other real property such as ticket offices, stations or service buildings. MSIG USA can participate in shared or layered programs on a lead or follow basis to provide coverage tailored to each specific railroad.
Our targeted classes for rolling stock include:
- Class I railroads (excess only)
- Short line railroads
- Commuter railroads
- Scenic tour railroads
- Leased in/out railcars
Your frequently asked Inland Marine insurance questions answered
Q: What classes of commercial inland marine business does MSIG USA write?
MSIG USA writes most classes of commercial inland marine, with emphasis on the construction
and transportation industries. Our target appetite includes coverage for:
- Builders risk/installation floaters
- Contractors equipment
- Railroad rolling stock
- Motor truck cargo legal liability
- Warehouse Legal Liability
Other classes we write include communication towers and equipment, mobile medical, equipment data processing, and other mobile property floaters.
Q: Does MSIG USA write motor truck cargo insurance?
Yes, MSIG USA writes motor truck cargo legal liability coverage. This can be a challenging class of business due to the ease of entry and financial volatility of the trucking business. For this reason, MSIG USA partners with agents and brokers who specialize in these classes and know the marketplace and potential pitfalls. We focus on building a strong underwriting partnership centered on profitability.
Q: What is MSIG USA’s appetite for railroad business?
MSIG USA is a market leader in the rail property space. We participate on an excess basis on Class I and II railroads and can consider primary on Class III and local commuter/light rail systems. MSIG USA frequently provides coverage for rail cars owned or leased by many manufacturers, distributors, or other supply chain managers. Brokers interested in sending a rail account to us for consideration should first reach out to one of our specialists to discuss our appetite and underwriting requirements.
Q: What is MSIG USA’s appetite for builders risk business?
MSIG USA has a strong desire to write non-combustible commercial construction business with proven contractors and developers. Our focus classes include manufacturing, retail, real estate, civil, healthcare, higher education, and renewable energy projects. We will consider both project and master builders risk programs.
Q: Does MSIG USA write inland marine on an admitted or surplus lines basis?
MSIG USA can write inland marine risks on an admitted or surplus lines basis, depending on the specific coverages required and the regulatory jurisdiction of the insured exposures.
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