New specialty marine insurance available

APRIL 10, 2017 — U.S. Risk, LLC has announce a strategic alliance with Aspen American Insurance Company, a subsidiary of Aspen Insurance Holdings Limited, to offer a specialty insurance product designed for the marine industry that will provide comprehensive coverage for vessel-assist towboat operators, pilot vessel operators, sightseeing and dinner cruise charterers, passenger ferries and water taxis. This coverage will be available on an admitted basis across all 50 states.

Randall Goss, CEO of U.S. Risk, commented: “We are excited to announce our partnership with Aspen Insurance, and to introduce a marine product with unique enhancements and an innovative policy form to meet our customers’ needs.”

Patrick Hickey, Executive Vice President & Head of U.S. Marine, Aspen Insurance, said: “This partnership allows us to jointly offer a custom marine insurance solution for this particular segment of business. We believe that the combination of Aspen Insurance’s product offering and U.S. Risk’s scale and excellent customer service will be well received in the market.”