Anchor Marine Risk Management

Providing Recreational Marine Services and Support since 1977.

The Challenge- Pleasure craft of all types and sizes continue to grow in complexity and the related hazards and exposures are changing at an increasing pace. Meanwhile, the behavior of yacht owners and captains continues to evolve with societal changes. In addition, many of the applicable Standards are voluntary, leaving insurers with the challenge of understanding and enforcing those which are relevant to mitigating risk.

To expect an individual agent or underwriter to have an in-depth knowledge of all of this is asking a lot. But to expect him or her to stay on top of all of the latest changes and developments, in addition to all of their other responsibilities, is impossible. And a Marine Survey Report alone is often not enough to provide a full, accurate risk assessment. Every underwriter and agent needs an expert they can rely on to answer their technical questions. Unfortunately, not everybody has one.

The Impact-

• Poor risks are accepted because of the difficulties interpreting a marginal Survey Report

• Good business opportunities are missed due to the misunderstanding of a complex risk

• Large premiums on high value hull policies have created opportunities for negligence

The Solution- On-demand technical support from experts who combine experience with a major underwriting company, on top of a solid foundation of broad, long-term and current boating industry knowledge and experience, to supplement your team’s existing know-how and help you make fully informed decisions.

Headquartered in New England, Anchor Marine Risk Management is a phone call or email away from providing your team with the technical advice, risk assessment, and support services you need to be most effective at your job. Anchor Marine has worked with both domestic and international clients. Complimenting our in-house range of personal experience in all areas of the recreational boating business, we maintain an extensive network of expert contacts in the industry, worldwide. Together, we provide the insight that you need and we’ll carefully customize a support program that fits best.

Get in touch with us to set up a consultation, or use the contact form at the bottom of this page to determine how and why our services are right for you.