Marine

Allianz Commercial is the largest marine insurer in the world, with a depth and breadth of marine capabilities that are unmatched in the industry. Allianz offers a broad portfolio of highly-customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.

We combine:
Many years of technical experience
Market-leading financial strength
The ability to cover the largest and most challenging projects

Appetite

Business Appetite
Coverage
Capacity
Inland Marine Floaters
Communications/technology
US$ 100 mn
Miscellaneous
US$ 100 mn
Transportation Insurance
Motor truck cargo
Various
Auto physical damage
Various
Warehouse legal liability
US$ 50 mn per location
Railroad rolling stock
Various
Construction
Contractors’ equipment
US$ 100 mn
Builder’s risk and installation floaters
US$ 100 mn
Related Property
Light to medium hazard
US$ 100 mn
Programs
Various
Business Appetite
Coverage
Capacity
International transit, domestic transit
US$ 100 mn
Stock through-put
US$ 100 mn
Project cargo, delay in start-up
US$ 100 mn
Tailored coverages with specialized wording linked to industry segments
US$ 150 mn
Documents
Content
Download
Marine At a Glance
Documents
Content
Download
Marine At a Glance
TLC Solutions

Why Allianz Commercial

At Allianz we recognize and understand the unique challenges you and your business face. And as a leading global corporate insurance carrier, we have the network and expertise to help. Find out why we’re best placed to help with Marine insurance solutions.

The largest Marine insurer
in the world
A depth and breadth of Marine capabilities that are unmatched in the industry.
Broad Marine appetite
A broad portfolio of highly-customizable products and an almost unlimited appetite for complex marine accounts that demand innovative solutions.
Local and global Marine expertise
Marine underwriting, claims and loss control experts in 160 countries, including master mariners, marine engineers and supply chain security experts.
Industry-leading capacity
The financial strength to handle the largest Marine risks

From Risk to Resolution

Read our Marine success stories to learn how our Claims Team helped clients optimize business outcomes before, during, and after a loss.

Ocean Marine Cargo
Insect contamination to shipments of powdered infant formula

The insured had multiple shipments of high value infant formula, valued at just over USD$4 million, which suffered insect contamination during ocean transit from the EU to the Middle East.

Inland Marine
Cargo held hostage

The insured reported that they had nine loads of cargo that had not been delivered and were being held hostage by the motor carrier. Those reported loads quickly turned into a total of 18 loads of cargo and six empty trailers.

Inland Marine
Fire damage causing structural damage, loss of business personal property and extra expense exposure

The insured operates as a logistics carrier for hire, with the involved facility being used as a maintenance shop for its large fleet of trailers. The facility is approximately 60,000 square feet in size with over 15 service bays.

Products

Construction

We offer real estate developers, contractors, subcontractors, architects and property owners coverage for buildings that are under construction, renovation or repair, including;

  • Builders risk
  • Contractors equipment
  • Installation floaters
  • Construction block
  • Riggers liability
  • Related property
Drone inspection
Drone

Programs

Allianz’s program development process is geared to quick answers and fast delivery to market. Many programs are written by program administrators with wholesale capability and may be open to Allianz retail brokers, including;

  • Equipment Dealers Sales and Rental
  • Artisan/Specialty Contractors
  • Fine Arts and Jewelers
  • Fixed base operators
  • Mobile medical equipment
  • Wind and solar energy
  • ...and many more.

Transportation

We provide a full range of products and services tailored for truckers, warehousers, shippers and logistical operators, including;

  • Motor Truck Cargo
  • Contingent Motor Truck Cargo
  • Automobile Physical Damage
  • Warehouse Legal Liability
  • Railroad Rolling Stock
  • Shippers Interest
  • Transportation
A truck and trailer on open road
aerial view of warehouse by the sea

Related Property

We offer property coverage to complement all our Inland Marine  and Marine segments as well as write light to medium hazard property on a mono-line basis whether related to Marine or not. Desired occupancies include;

  • Contractors
  • Warehouseman (when writing the warehouse legal)
  • Health care facilities/clinics (i.e., doctor / dental offices, physical therapy clinics, patient care facilities, surgical centers, nursing homes, assisted living facilities),
  • Offices
  • Public Buildings / Recreational Facilities
  • Service Business (i.e., accountants, engineers, architects, banks, contracting, computer facilities, counseling, law firms, employment offices, non-profit, fund raising, insurance, appraisal/ inspection services, ticket agencies, travel agencies and security guard services)
  • Museums / Galleries
  • Light to Medium Hazard manufacturers, distributors, processors, wholesalers

All Other Inland Marine

We offer specialized coverage for providers of communications services and organizations that rely on technical and scientific equipment, including products for;

  • Communication & Tech
  • Radio & TV
  • Large EDP schedules
  • Truck Floor Plan
  • Equipment Dealers
  • Entertainment floaters including musical instruments & sound equipment
  • Leased property floaters and more.
Storage warehouse
Vast amount of cargo containers

Global Cargo

  • Manufacturers
  • Wholesalers
  • Importers/exporters
  • Freight forwarders
  • Distributers

Project Cargo

Billions of dollars of project-critical equipment are shipped around the world every year. A single shipping failure can turn a $10 million cargo loss into a $100 million delay in start-up (DSU) loss, due to re-fabrication, shipping, expenses, lost profits and other operational costs. With our market-leading capacity and a truly global reach, Allianz Commercial can protect your business against the biggest risks with our comprehensive project cargo insurance.

  • Power generation
  • Oil & gas
  • Chemical facilities
  • Bridges
  • Steel mills
  • LNG plants
  • Solar
  • Wind power
  • Mining

...and many more.

Bridge in San Fransisco with container ship passing

Success Stories

Insect contamination to shipments of powdered infant formula

The insured had multiple shipments of high value infant formula, valued at just over USD $4 million, which suffered insect contamination during ocean transit from the EU to the Middle East.

Seeking more effective and economical fire protection solutions

A project engineer for a large data center in Europe contacted Allianz Risk Consulting (ARC) to request assistance with the design of its on-site fire protection water supply.

Insights

The top business risks in 2024

The Allianz Risk Barometer ranks the most important risks businesses face for the coming year. Click below to access resources that assess emerging risks across countries, industries and sectors, providing businesses and professionals with insights to anticipate and manage potential challenges.

Allianz Safety and
Shipping Review 2023
Atlantic Hurricane Season Outlook 2023
Top Threats for the Marine Industry in 2023
Big Data Can Make Cargo Transport Safer and More Efficient

North America Expert Panel Discussion

Watch the video to learn more.

Contact us

Meet our Marine team

Rich Soja
North American
Head of Marine

Global Head of
Inland Marine
US
Anthony A. Tramonte
Head of Marine Canada
Canada
Julie Gibbs
North American Inland Marine Program Lead
US
Jamie L. Grimes
Construction Product Lead
US
Tim Grindle
Transportation Product Leader
US
Susan McCaffrey
Related Property Product Lead
US
Ryan O’Connor
Head of Marine Cargo
US
Florian Krampitz
Head of Marine Claims North America
US
Dan McLeod
Inland Marine
Claims Lead
US
Thomas Curran
Ocean Cargo
Claims Lead
US

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