11 April 2017News

US Risk teams up with Aspen for new marine offering

US Risk has forged a strategic alliance with Aspen American Insurance Company, a subsidiary of Aspen Insurance Holdings, to offer a specialty insurance product designed for the marine industry.

The new product offers comprehensive coverage for vessel-assist towboat operators, pilot vessel operators, sightseeing and dinner cruise charterers, passenger ferries and water taxis. It will be available on an admitted basis across all 50 states.

“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,” said Randall Goss, CEO of US Risk.

Patrick Hickey, executive vice president & head of US marine, Aspen Insurance, added: “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 US Risk's scale and excellent customer service will be well received in the market.”




More on this story

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30 March 2017   Aspen Insurance Holdings has released its view on the estimated financial impact of the recent UK Ministry of Justice decision to decrease the discount rate used to calculate lump sum awards in UK bodily injury cases, better known as the Ogden rate.
News
27 April 2017   Aspen Insurance has reported that its net income after tax for the first quarter of 2017 came to $96.5 million, an 18.5 percent fall on the $114.4 million it made in the same period of 2016.

More on this story

News
30 March 2017   Aspen Insurance Holdings has released its view on the estimated financial impact of the recent UK Ministry of Justice decision to decrease the discount rate used to calculate lump sum awards in UK bodily injury cases, better known as the Ogden rate.
News
27 April 2017   Aspen Insurance has reported that its net income after tax for the first quarter of 2017 came to $96.5 million, an 18.5 percent fall on the $114.4 million it made in the same period of 2016.