BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Marsh launches coverage for private maritime security industry


LONDON—Marsh Inc. on Wednesday launched an insurance facility to serve the private maritime security company industry.

The facility meets the requirements laid out by the Security Assn. for the Maritime Industry as well as the recommendations by the International Maritime Organization, Marsh said in a statement.

“The insurance industry has failed to keep pace with the rapid development of the maritime security sector,” Nick Roscoe, a managing director in Marsh's global marine practice, said in a statement. “Many policies have been ‘borrowed' from other industries and knitted together to provide cover with little thought” of the specific needs of private maritime security companies.

The package covers five areas: public liability, professional indemnity, maritime employer liability, employer liability, and personal accident. Additional coverage can include kidnap and ransom, and hull and machinery losses and damage.

The facility, which also offers enhanced limits, is available only to SAMI members.

For more information, contact Mr. Roscoe at 011-44-207-357-2185 or