Of all of the topics, maritime insurance is the largest. In the maritime
Unfortunately, many businesses do not realize they actually have maritime exposures, when they do. One day I received a pipeline contractor as a business referral. The contractor insisted he did not need any maritime coverage nor would he buy any maritime coverage. The contractor had just received a contract to lay a pipeline across the Houston Ship Channel. He did not even understand the term navigable waterway.
For those businesses that do not know if you have a maritime exposure, answer the following two questions:
What is your status? In other words is the work you perform maritime related?
Where is the location of the work or situs? Is it on or dockside of a navigable waterway?
If your answers are yes, then you might be subject to maritime law.
For those who know you have a maritime exposure, I apologize. There is not any content for you, but I would enjoy discussing your business or answering your questions. Having had a third mate unlimited tonnage license, it’s nice talking about the maritime industry.