As the temperatures begin to drop, it’s time to start thinking about next steps when it comes to your boat. The time and effort spent on the process of winterization will directly affect the boat’s performance, so protecting vessels properly is crucial. Come spring time, you will want a seamless transition back into the water!
This month’s boating tip article from National Marine Underwriters and International Marine Underwriters discusses the importance of prepping your watercraft for the winter months. The article also provides a useful checklist that outlines the priorities for winterizing a boat. Read the full article here, and visit nmu.com and imu.com for more tips and insights.
We are pleased to announce that International Marine Underwriters has expanded its product offering with information risk coverage to address a broad range of cyber incidents including data breach, threat of intrusion or interference with computer systems, damage to data and systems from cyber-attack and cyber-related litigation. Coverage is available as an endorsement to an existing IMU marine policy, including yacht club, marina and commercial marine package and certain hull and protection & indemnity policies.
Read the full announcement on imu.com.
Last month, the United States Coast Guard released their 2017 Recreational Boating Statistics Report. According to the report, last year saw a decrease in recreational boating accidents from 2016. The Coast Guard reported over 4,000 accidents that involved 658 deaths, 2,629 injuries and approximately $46 million dollars of damage to property.
This month’s boating tip article from National Marine Underwriters and International Marine Underwriters provides the report released by the USCG. Read the full article here, and visit nmu.com and imu.com for more tips and insights.
As you know, the Annapolis Capitol Gazette building was the scene of a tragic incident on Thursday afternoon. Our IMU Yacht Center is located in that building and thankfully, everyone on our team is safe. Our thoughts and prayers are with the Capital Gazette community and their families during this difficult time.
Our office reopened on Monday, July 2.
As we near the official start of summer, it’s also the start of the Atlantic hurricane season, which runs June through November. Last year the United States and its territories saw major devastation, as hurricanes Harvey, Irma, Jose and Maria blew through and made landfall.
This month’s boating tip from National Marine Underwriters and International Marine Underwriters provides a forecast from the Insurance Industry Institution (I.I.I.) into the 2018 hurricane season, in addition to statistics from past hurricane seasons. Read the full article here, and visit nmu.com and imu.com for more tips and insights.
We’re halfway through spring—but that doesn’t mean you should only halfway prep your boat this season. Before getting back on the water, there are some important steps you should take to ensure you boat is seaworthy and safe. Having a set checklist can be useful to make certain you’re ready to head out on the water.
This month’s boating tip from National Marine Underwriters provides a checklist that captures information for annual boat preparation. Read the full article here and check out other tips and insights at nmu.com and imu.com.
As we near the end of the season, those of us in “winter weather” areas are counting down the days to spring and summer—and to getting our boats back in the water! As we patiently wait for the start of our favorite season on the water, there is still plenty to be done on dry land; like brushing up on our navigation skills.
This month’s boating tip from our International Marine Underwriters discusses the importance of nautical charts and how to understand them. Read the full article here and check out other tips and insights at nmu.com and imu.com.
Minnesota partners! We are hosting a Product Fair on October 11 from 3:00pm to 6:00pm and we’d love to see you. Join us for appetizers, drinks and networking to learn more about our products and services at The Minikahda Club located at 3205 Excelsior Boulevard in Minneapolis.
Meet OneBeacon underwriting teams from:
- International Marine Underwriters
- Financial Services
- Management Liability
- Specialty Property
We look forward to seeing you there. Register today!
The completion of our acquisition by Intact Financial Corporation was announced this morning. We’re excited to officially be part of the Intact Financial Corporation family and to create a leading North American specialty insurer.
Read the full news release here>>
At International Marine Underwriters (IMU), our employees are passionate about the marine industry, and not just commercial marine insurance! In fact, one of our employees – Joel Buffa, a senior underwriter in our California office- recently accomplished a major maritime milestone. He competed in and completed the 49th running of the classic Transpacific Yacht Race.
Read more about Joel’s experience and family tradition with the race (SPOILER- Joel is a 5th generation participant) on IMU.com.
Congratulations to Joel and crew for your amazing accomplishment!