LIG WaveLINES Magazine
Transcription
LIG WaveLINES Magazine
WaveLINES 2016 ■ 01 Edition So It's Always Smooth Sailing Established 1989 You will capture more Commercial Marine and Longshore accounts and retain more problem-free profitable clients through LIG! Commercial Marine & Longshore Insurance A publication of LIG Marine Managers, Inc. WaveLINES CONTENTS 2016 ■ 01 Edition LIG 27th Year of Service 3 From The Helm 4 LIG News 5 Exclusive London Marine Umbrella Program 6 Online Submissions! 7 Around the Regions (See What's New!) 8 A Word From Karen - LIG West 10 A Word From Mark - LIG Midwest 11 Marine Labor Providers 12 CMIP 2015 Graduates 13 CMIP 2016 Upcoming Seminars 14 Education & Seminars 15 LIG Marine Managers Contacts 16 What It Takes To Write Marine Insurance Business Submit Online: LIGMarine.com/Quote or E-mail Your Applications: [email protected] LIG MARINE MANAGERS INC ■ 300 1ST AVENUE SOUTH - STE 400 ■ ST PETERSBURG FL 33701 ■ (727) 578-2800 300 1st Avenue South 950 Echo Lane One Embarcadero Center 4449 Easton Way One International Plaza 1100 Dexter Ave North Suite 400 Suite 200 Suite 500 2nd Floor Suite 550 Suite 100 St Petersburg, FL 33701 Houston, TX 77024 San Francisco, CA 94111 Columbus, OH 43219 Philadelphia, PA 19113 Seattle, WA 98109 St Petersburg | FL Houston | TX San Francisco | CA Columbus | OH 2 Philadelphia | PA Seattle | WA Lloyd’s Bldg - Gallery 4 12 Leadenhall Street London, EC3V 1LP London | UK From The Helm 2016 In “Today’s Market,” rather than describe as “Hard Market vs. Soft Market”, LIG has committed to building new programs to deal with current demands and to meet the needs of the foreseeable future. Our creative response has been driven further by a market suffering from a glut of carriers chasing after the same business with very little to distinguish between them. LIG views it imperative to offer "New Products" or "Improved Products" with a significantly different approach. Rather than participate in the common practice of relying on chasing price, only causing further rate collapse, commonly hidden behind lower deductibles or broader terms, this simply does nothing to strengthen the Marine and Longshore markets. We believe that those delivering reinvented old products using an innovative method OR products that are more unique, can win market share without sacrificing rate or underwriting integrity AND create a better marketplace for everyone. There are shining examples of this in the market today especially in the MEL and Cargo segments, both of which are classes that are in no way new! Although we have no control over carrier pricing, LIG continuously strives to find New Products and better ways to deliver them. This commitment to new development of innovative products and services is evidenced by the items in the box below of recent introductions, each designed to contribute to this evolutionary process. At the heart of this process is LIG’s willingness to continue to scrutinize ourselves, our products, and processes to develop new solutions, concepts, and services to better support our agents, brokers, and their clients. We will continue to lead through innovation and improvement and are excited by the challenges a new year lays before us! We wish you all the best in 2016 and look forward to the creative process ahead! Welcome to 2016! •10 Part Series of Online Webinar Training •SafeShore Longshore Program Ian Greenway, LIG President •Waterfront Property Program •Marine Labor Providers Program •Exclusive London Marine Umbrella Program •Exclusive Monoline Protection & Indemnity Program •Online Quick Submissions Expanded – Now Mobile Enabled! 3 LIG News! Your Commercial Marine News Resource! Disclose or Risk Marine Insurance Coverage Disclose or Risk Another Claim of Record Jones Act Award Recently, the US Court of Appeals for the Eighth Circuit reviewed a case on appeals regarding the necessity to act with the utmost good faith, also known as the "uberrimae fidei defense". In the matter of St. Paul Fire & Marine Insurance Co. v. Abhe & Svoboda Inc., the court found the Insured withheld relevant information, which called into question the vessel's prior claims of being seaworthy and watertight. After the Insured barge sank in Narragansett Bay, an investigation by St. Paul Fire & Marine Insurance Company revealed a survey in November 2010 had been done which showed the barge had pinholes in the deck and the barge was not watertight. The submitted application from the Insured used a different application dated from May 2010. St. Paul Fire & Marine Insurance Company raised the defense of uberrimae fidei, stating that failure to disclose the survey breached the duty to act in good faith and withholding the relevant information affected the issuance of the marine insurance policy. policy is created. Failure of the client to provide this information is grounds for a denial of claim. Again, in this instance the Insured failed to provide information to the provider of marine insurance, which would have had a direct impact on the insurer's knowledge of risk associated with underwriting the vessel. The burden of the relevance of the information rests in the hands of the insurer, but the information does not need to be requested specifically from the insuring agent or company. The full and open disclosure by the Insured is expected under the uberrimae fidei doctrine, which outlines that both parties should deal in good faith. Failure to act in good faith is frowned upon by the courts, as the Eighth District demonstrated in its recent ruling. Again, the court holds the failure to request specific information by the insurer does not relieve insurer of liability, the information must be provided regardless of whether a specific inquiry was made. A native of Puerto Rico was recently awarded a record $7.5 million settlement in a back and neck injury lawsuit following the explosion of an air tank aboard a marine vessel that was docked for repairs. Plaintiff Edward Perez-Mossetty was seriously injured in the explosion. The then 37-year old was affecting repairs aboard the vessel on behalf of defendants American Tugs Inc. The plaintiff was in the engine room that also housed an aging air tank that was exhibiting signs of thinning and pitting. Under a defense of uberrimae fidei, both the Insured and marine insurer have a duty to act in the utmost good faith when dealing in matters of marine insurance. The court held the Insurer must demonstrate reliance and that the information withheld would void a policy. In this instance, the information withheld from the insurer was vital to the issuance of the marine insurance policy. Failure to disclose a prior survey that showed the vessel might not be as watertight as previously thought breaches that duty to act in good faith, as the policy would not have been issued had the contents of the prior survey been known. Continues... To avoid a denial of claim, all information relevant to the marine liability insurance policy must be provided to the insurer. The consumer is protected as well, as the insurer has the duty to review the information and make the determination that it was actually material to the issuance of the policy. Simply ask, would the policy have been issued given the withheld information? If the answer is yes, the policy would have been issued and should not be found void, and the insurer has not passed their burden as outlined by the Eighth District. Without a reliance that we all deal in good faith, uncertainty and costs will increase. This is a wake-up call for both sides of the marine insurance business. It is important to note that good faith and fair dealings are crucial to a thriving industry. According to court records in the back injury compensation claim, the tank had been installed without a working pressure relief valve and was normally operated with the air compressor set to automatically shutdown when maximum safety pressure within the tank was reached. However, on the day of the accident, employees had been operating the compressor in manual mode as the compressor had been shutting off too soon. The pressure within the tank had built up to a level that the pitted walls of the tank could not withstand. The ensuing explosion caused Perez-Mossetty to be thrown into the air. He landed on his neck and sustained serious back and neck injuries, that despite surgical intervention and months of rehabilitative treatment, he has failed to fully recover. The plaintiff has suffered partial paralysis and serious motor and sensory impairments. He requires assistance to walk and to maintain daily activities. Perez-Mossetty remains in constant pain, requires assistive devices, and ongoing medical care for the remainder of his life, he can no longer work. This Award is certainly worth notice and serves to reinforce that $1mil of P&I/crew coverage is just not enough today! Additionally, the court held that Blog: http://ligmarineblog.blogspot.com/ marine insurance coverage requires that all relevant information to the Blog: http://blog.ligmarine.com/2015/12/ 2015/07/another-claim-of-record-jonespolicy be disclosed at the time the disclose-or-risk-marine-insurance.html act-award.html Blog.LIGMarine.com | LIG on: Visit and Subscribe to keep up with the latest News! 4 Exclusive London Marine Umbrella Program What’s Your Umbrella Look Like? Here’s Your Solution Program for That Exception to the Rule! LIG’s Exclusive London Marine Umbrella Program Competitive Pricing Excess MEL Excess P&I Marine Umbrella Limits $20,000,000 Maximum 1st Layer Umbrella limited to $10,000,000 Excess Layer over $5,000,000 can go to $20,000,000 Starting Premium $25,000 Minimum $10,000 Minimum for Online Submissions $10,000 Minimum with support business Success Stories Harder to place accounts Diving Contractors Unique risks Request Your Quote Today! Submit Accounts ONLINE or Download a Marine Umbrella Application at: LIGMarine.com/Umbrella E-mail Marine Umbrella Applications to: [email protected] E-mail questions and inquires to: [email protected] Ask us about Monoline or other Combinations! 5 Online Submissions! Submit Your Accounts ONLINE! Visit LIG's Online Quote Page LIGMarine.com/Quote Get YOUR Accounts Started Faster and Easier! led! b a n bile E o M Hull and P&I Now Hull and P&I in monoline or combination for all types of Commercial and Recreational Marine, including passenger vessels. Labor Providers Labor Providers USL&H & State Act Workers Compensation Application. Longshore Lite WC/Longshore and MEL for Small to Medium Businesses up to $125,000 premium. Marine Package Mix and Match Lines from MGL, Hull, P&I, Equipment in any combination. Marine Umbrella, or Excess Maritime Employers Liability Monoline P & I Waterfront Property Can include Earthquake, Flood, and/or Wind in most cases. Quick Clear To submit your accounts for clearance and account reservations. E-mail All Other Applications to: [email protected] E-mail questions and inquires to: [email protected] Need further assistance? Call YOUR Underwriting Team: 727.578.2800 6 Around the Regions ASK YOUR AGENCY RELATIONSHIP MANAGERS (ARM) Mid Atlantic & New England Philadelphia, PA Northwest - Seattle, WA Midwest - Columbus, OH Steve.Thorpe Richard Zolty [email protected] (253) 271-9692 Mark Greenway [email protected] [email protected] (215) 495-5816 (614) 526-8754 Karen Tischler [email protected] (415) 690-6214 West - San Francisco, CA Tommy Bridges [email protected] (727) 873-7690 Central - Houston, TX 7 Mike McFarland [email protected] (727) 873-7688 South - St. Petersburg, FL A Word from Karen - LIG West! Are West Coast Ports Heading For a Storm? Hello from LIG West! Karen Tischler [email protected] (415) 690-6214 West - San Francisco, CA I recently read an article that I would like to share with you. The article appeared in the San Francisco Chronicle (SFGate.com) authored by Michael Nacht and Larry Henry. In the article they raise serious questions, challenges, and theories concerning our West Coast Ports, job impact, and the shipping industry they serve. Ports in other areas will one day have to address similar issues so it offers something for all Commercial Marine interests.... T he West Coast ports have enjoyed decades of success serving as the point of entry for billions of dollars’ worth of goods, mostly from China and East Asia. Imports from Asia to the United States generated 9 million American jobs, 4 million in California, Oregon and Washington in 2014, according to the Pacific Maritime Association. Cross currents in international trade, however, suggest a highly turbulent period lies ahead. The short term looks good. The ports have bounced back smartly since May when, after prolonged worker slowdowns and federal mediation, yearlong negotiations with the longshore worker unions produced a ratified agreement. Indeed, the ports of Los Angeles and Long Beach had the largest cargo volumes in July and August 2015 since 2008. But a projected slowdown of global trade, changing manufacturing technologies and increased competition will change the conditions that have proved so favorable to West Coast ports. If there is a significant diversion of containers from West Coast ports, the reduced volume will place job development programs and the tax dollars funding them at risk. If the West Coast ports cannot accommodate new large ships, they may have to limit their business to local markets. An all-water route for larger ships from Asia to the East and Gulf Coast ports will intensify competition for business. The Panama Canal Authority is set to open the enlarged canal in April 2016 or soon thereafter. This will provide shippers from East Asia an all-water route for bigger ships to the Atlantic Ocean. From there, ships can travel north to serve East Coast ports and west to serve the Gulf Coast ports. This would bypass the West Coast ports, where goods shipped from Asia are loaded on railcars and carried to U.S. destinations by rail. An all-water route would add three to five days of travel time but at significantly lower cost. Not all trends, however, favor the modernized Panama Canal. Ocean carriers are on a buying binge for ships 50 percent larger than those that even the widened canal can accommodate. Cosco and China Shipping, the two largest Chinese ocean carriers, just merged and ordered 11 of these ships (known as Triple Es) to compete more effectively for global container trade. Evergreen, a Taiwanese shipper also ordered 11 of these ships. Ports of Virginia, Baltimore, Charleston, S.C. and Miami now have 50-foot channels, and New York-New Jersey is close to completing its enlargement project. Within a few years, they will all be able to upload the biggest ships. The Triple E ships will also likely ply the East Asia-to-Los Angeles route across the Pacific, when the ports of Los Angeles and Long Beach can accommodate them. Scale still rules in global trade. Continues on next page...► 8 These biggest ships will challenge both the West Coast ports and the Panama Canal Authority to be more adaptive. The Canal Authority could compete with a favorable toll – one that would enable a lower cost per container and encourage shippers to choose the all-water route rather than shipping the containers to West Coast ports and then moving them by rail to markets east of the Mississippi. West Coast ports that are agile and innovative by anticipating and adapting to the future will succeed in this environment. Those that are slow to respond will fail. Millions of jobs hang in the balance. Panama Canal Facts: The Panama Canal today can accommodate Panamax ships – ships only slightly narrower than the locks. The Panama Canal expansion is the largest project at the Canal since its original construction. The anticipated opening of the widened locks in the spring of 2016 will allow larger ships. Here’s how the ships compare by size, as measured by TEU they can carry (20-foot-equivalent unit cargo containers): Panamax – 3,400 to 5,000 TEUs. Post-Panamax – 4,000 to 8,000 TEUs. New Panamax – 12,000 to 13,000 TEUs. Triple E (too big to pass) – 18,000 and more TEUs. For expansion details and diagrams visit these Canal De Panama Website pages: Official Panama Canal Website https://www.pancanal.com/eng/index.html Official Panama Canal Expansion Page http://micanaldepanama.com/expansion/ Official Panama Canal Website Infographics http://micanaldepanama.com/expansion/documents/infographics/ On December 1, 2015 the Panama Canal Authority (ACP) announced it has been informed by Grupo Unidos por el Canal, S.A. (GUPC), the main contractor for the design and construction of the Third Set of Locks project, that work to reinforce the sills in the new locks will be completed in January 2016, keeping it on track for Spring 2016. Despite this announcement, there are rumors and news reports siting concerns that construction issues could possibly delay the project into 2017. Please watch the websites listed above for further official announcements and updates. Special thanks to Michael Nacht and Larry Henry for authoring and submitting this article to the San Francisco Chronicle; for their full Panama Canal/West Coast article click here. Michael Nacht is a professor of public policy at the Goldman School at UC Berkeley and a former assistant secretary of defense for global strategic affairs. Larry Henry is the founder of ContainerTrac Inc., a Richmond, CA company that inventories and tracks shipping containers for the seaport and rail industries. 9 A Word from Mark - LIG Midwest! Not Sure What Longshore Looks Like in the Midwest? You Are Not Alone! Mark Greenway [email protected] (614) 526-8754 Midwest - Columbus, OH Being that the Midwest is not the traditional marine insurance hotspot of the country, many agents and business owners may be murky about the details of “what is and is not” Longshore. Unfortunately, many common sources are not the most reliable, as in some cases even state employees are giving out incorrect information about Longshore. Compounding the issue is that such opinions have no weight and if they are wrong, the consequences still fall on the agent and/or the business owner, not the state official or underwriter. Ultimately, no matter how authoritative or good intentioned they may be, the one flaw is that their opinions and statements are meaningless when it comes to Longshore coverage, as it is a Federal coverage. There is a term “canonical”, which means "the one true source" for knowledge, and for USL&H insurance the canonical source is the Federal Government. From the entire Federal List of Approved Carriers, to the letter of the law in the text of the Longshore Act, no information that conflicts with what the Federal Law and Department of Labor says can be trusted or counted on to soften the consequences of an error. LIG understands the many facets of this complex situation and has endeavored to provide continuing education and create resources that reference those canonical sources to assist agents in obtaining accurate information and understanding of the definition of labor that falls under Longshore law. We feel that it is necessary to provide additional education, rather than only pointing you towards those resources, as we believe the complexity involved requires additional context and/or explanation of how the laws and court cases interpret, discern, and communicate the full understanding of Federal Law as it pertains to Longshore. We invite you to keep a lookout for even more resources, education events, and news from LIG on your Commercial Marine and Longshore special interest. LIG is the No. 1 Maritime Wholesaler in the USA! LIG is 100% Wholesale and 100% Independent As YOUR trusted Marine Partner, we will never be your competitor! Make LIG YOUR Maritime Insurance Solution, so it’s always smooth sailing! E-mail Your Applications to: [email protected] 10 Marine Labor Providers! Your LIG Solution for... MARINE LABOR PROVIDERS LIG Keeps Your Team Covered! LIG covers Labor Providers for marine-based employers throughout the United States; including new ventures! LIG Coverages Marine Labor Providers WC/State Act and USL&H Maritime Employers Liability (MEL) Premiums WC/USL&H Minimum $25,000 MEL Minimum $10,000 if monoline MEL Minimum $ 5,000 if with supporting marine lines Classes Marine Specialty Labor Providers with a good history Contracts in place Good Detailed Safety Program Good Hiring Practices Covers ALL forms of Maritime Labor including: Shipyards, Bridge Painters, Marine Construction, Oil & Gas Service, Stevedores, and more. Request Your Quote Today! Download Marine Labor Providers Applications at: LIGMarine.com/LaborProviders Submit Online or E-mail Applications to: [email protected] Questions? E-mail inquiries to: [email protected] 11 ANNOUNCING ALL 2015 GRADUATES! LIG Educational & Consulting Services, in conjunction with the International Institute for Marine Insurance Studies, announces the recent award of the Certified Marine Insurance Professional (CMIP) Designation to 30 insurance professionals who have recently joined this prestigious group, bringing it to a total of 157 certified marine insurance professionals nationwide. Currently there are 469 participants in the program working towards completion of their CMIP designation. Overall, the CMIP Education program has supported 626 insurance professionals in expanding their commercial marine insurance knowledge to better serve their clients and reduce exposures. Ian Greenway, President of IIMIS, commends the graduates for their dedication to professionalism and having a strong commitment to continuing marine insurance education, as evidenced by their having completed the CMIP program. Please call on the expertise of our new Graduates, their locations are included to help find one near you! April 20-21, 2015 Graduate Insuring Waterfront Businesses Seminar Company Frank A. Albrecht Richard L. Balducci Harold Chip Brockhaus, Jr. Charles E. Comiskey Jeffrey Denaga Courtney Finigan Lena L. Haydel Linda Kempf George McFarlain James Alex Niedermayer James W. Richardson Cassalyn Spangler Michael Trahan Cheryl Whiteside Arthur J. Gallagher Chesapeake Employers IUL Risk Solutions Brady Chapman Holland Assoc. Liberty International Underwriters Murray & MacDonald Insurance Services Laris Insurance Agency, LLC Ellsworth Corporation HUB International Gulf South, Ltd Underwood Anderson & Associates IUL Risk Solutions Global Marine Insurance Agency Trinity Insurance Agency Brown & Brown Insurance Agency/Flagship Group October 22-23, 2015 Insuring Vessel Owners & Operators Seminar Graduate Stephanie Estes Peggy Fletcher Greg Gaylor Terri Greene Ryleigh Haliwell Carol Halstead Erik Hanson Sandi Hudgens Lisa Johnson Placito Miceli Bridget Moncada Susan Parker Katie Pfalzer Mark Phillips Sara Rowe Steve Thorpe Company Fitts Agency, Inc. Charles L. Crane Agency National Aviation & Marine Underwriters Rutherfoord, a Marsh McLennan Agency LLC Marsh & McLennan Agency LLC - Southwest Towne Insurance Ironshore Insurance Services Brown & Brown Insurance Agency of Virginia, Inc. Brown & Brown Insurance Agency of Virginia, Inc. Turn Services, LLC Laris Insurance Agency, LLC Great American Insurance Company Trident Marine Managers, Inc. Liberty International Underwriters Rutherfoord, a Marsh McLennan Agency LLC LIG Marine Managers, Inc. Visit: IIMIS.org For Seminar and CMIP Program Information 12 Ft. Lauderdale, FL Location Dallas, TX Towson, MD Metairie, LA Houston, TX Atlanta, GA Bourne, MA Lockport, LA Metairie, LA Lafayette, LA Pensacola, FL Metairie, LA Traverse City, MI Houma, LA Norfolk, VA Houston, TX Location Tuscaloosa, AL St. Louis, MO Roscommon, MI Virginia Beach, VA Houston, TX Virginia Beach, VA Deer Park, TX Norfolk, VA Norfolk, VA New Orleans, LA Lockport, LA Houston, TX Houston, TX Atlanta, GA Richmond, VA Seattle, WA WHO ATTENDS? AGENTS ♦ BROKERS ♦ CSR’S ♦ INSURANCE COMPANY PERSONNEL ♦ UNDERWRITERS and ALL Insurance Industry Professionals who wish to expand their knowledge of Marine Insurance FOUR 1 ½ DAY SEMINARS INSURING MARINE EMPLOYEES RECREATIONAL MARINE INSURANCE This Seminar analyses the various exposures to Marine Employees and provides practical “How To” Guides on properly insuring them. This Seminar explores exposures and coverages that relate to: • YACHTS & BOATS • CHARTER, SIGHTSEEING, CASINO BOATS • MARINAS, BOAT DEALERS, YACHT CLUBS including: Marina Operators Legal Liability, Dealers Inventory, Hull, P&I and Docks/Piers • BOAT MANUFACTURERS & BUILDERS, AND BUILDERS RISK including: Inventory, Molds and other issues related to Boat Manufacturers/Builders IN-DEPTH OVERVIEWS OF: • State Act Workers Compensation • Longshore & Harbor Workers Compensation Act • Outer Continental Shelf Lands Act • Admiralty Liability to Employees THE SEMINAR ADDRESSES THE TRICKY ISSUES OF: • Payroll Allocation • Officer and Owner Exclusions • Common Endorsements (advantages/disadvantages) • Auditing Techniques This Seminar further delves into the variety of coverages, markets, and issues of the Recreational Marine Industry. TA M PA, F L March 14-15, 2016 BA LT I M O R E, M D October 13-14, 2016 INSURING WATERFRONT BUSINESSES INSURING VESSEL OWNERS & OPERATORS This Seminar delves deeper into the exposures of waterfront businesses: This Seminar is a comprehensive study of: • HULL INSURANCE Charterers Legal Liability Loss of Hire Port Risks • PROTECTION AND INDEMNITY INSURANCE Crew; P&I Clubs; Forms and Comparisons • POLLUTION INSURANCE Sudden & Accidental Pollution in MGL Policies OPA and other pollution exposures • COLLISION AND TOWERS LIABILITY FORM • OCEAN CARGO INSURANCE Terms of Sale Refrigerated Cargo Stock Throughput • MARINE GENERAL LIABILITIES Exclusions/Limitations in Non-Marine CGL Forms Common Endorsements • CCC EXPOSURES IN-DEPTH: Ship Repairers Legal Liability Terminal Operators Legal Liability Stevedores Legal Liability Wharfingers Legal Liability Tankermans Legal Liability • UMBRELLA/EXCESS • MARITIME EMPLOYERS LIABILITY • TAKING YOUR MARINE CLIENT OVERSEAS Early Regis E & PAID ion is MAD If reservat minar prior to se for 30 days Full Price T BA Fall 2017 T BA Spring 2017 $395tration $495 Seminar Details and Registration at IIMIS.org Contact Karen Tischler: [email protected] | (415) 690-6214 CANCELLATION POLICY If you cannot attend the seminar, you may send someone in your place. Registration is Non-Transferable to any other seminar. If you must cancel, 30 days or more before seminar, the registration fee will be refunded subject to a $100 cancellation fee. If you must cancel less than 30 days before the seminar, the registration fee is non-refundable. Cancellation requests MUST be received in writing, emailed to [email protected]. 13 Education & Seminars Don't miss out on these great opportunities to expand your professional development! 2016 SEMINARS 2016 SEMINARS, continues... March 3-5, 2016 NAIW VIII Conference Burbank, CA LIG Staff Attending: Karen Tischler July 14-15, 2016 Florida National Alliance Seminar CIC "Navigating Alternate Funding, and Navigating Marine Workers Compensation" Naples, FL | Ian Greenway, Speaker March 14-15, 2016 CMIP – Insuring Marine Employees (IIMIS) Tampa, FL | Ian Greenway, Ken Baldwin, Speakers LIG Staff Attending: Richard Zolty, Tommy Bridges, Mark Greenway, Amy Felten-Sherwood, Karen Tischler September 2016 Houston Mariners Club Seminar Houston, TX LIG Staff Attending: Tommy Bridges April 26-29, 2016 Greater New Orleans Barge Fleeting Association River and Marine Industry Seminar New Orleans, LA LIG Staff Attending: Ian Greenway, Tommy Bridges October 13-14, 2016 CMIP Recreational Marine Insurance (IIMIS) Baltimore, MD | Ian Greenway, Ken Baldwin, Speakers LIG Staff Attending: Richard Zolty, Tommy Bridges, Mark Greenway, Amy Felten-Sherwood, Karen Tischler May 18-19 2016 Tampa Bay Mariners Club - St. Petersburg Yacht Club St. Petersburg, FL LIG Staff Attending: Ian Greenway, Sharon Nash, Mike McFarland Fall 2016 Ft. Lauderdale Mariners Club Seminar Ft. Lauderdale, FL | TBA LIG Staff Attending: Ian Greenway, Laura Jay, Mike McFarland May 4, 2016 Marine Insurance Associates of Seattle-Day of Education Seattle, WA LIG Staff Attending: Steve Thorpe June 8-9, 2016 CIC James K. Ruble Large Commercial Seminar "Navigating Alternate Funding, and Navigating the Global Marketplace" Austin, TX | Ian Greenway, Speaker November 3-4, 2016 CIC James K. Ruble Large Commercial Seminar "Navigating Alternate Funding, and Navigating the Global Marketplace" Kansas City, MO | Ian Greenway, Speaker December 2, 2016 The Association of Marine Underwriters of San Francisco San Francisco, CA | (Annual Dinner) LIG Staff Attending: Karen Tischler Watch for announcements of the upcoming LIG 2016 Webinar series! More Seminar and Registration information at: LIGMarine.com/Learn/All Seminars/Seminars Please visit often as New Seminars are added promptly when scheduled. Education is Your Pathway to Greater Prosperity! 14 So it’s always smooth sailing LIG M arine M an agers C ontact s Online Quote Systems & Longshore Lite Underwriting Service LIGMarine.com/Quote Download Applications LIGMarine.com/Applications Other Submissions [email protected] Questions [email protected] Phone 727-578-2800 ext. 1 Questions on Any Bound Accounts or Direct Bill Payments to Carriers [email protected] Phone 727-578-2800 ext. 4 Questions on Agency Billing Payments [email protected] or Direct Bill Commissions Accounting Workers The specific carrier claims reporting instructions are sent with the Compensation binder on each account. Insured must report Longshore claims directly to BOTH the US Dept. of Labor (USDOL) AND the Longshore Carrier. Claims The USDOL requires Form LS202 “First Report of Injury” to be filed on ALL “lost time” claims and can be downloaded at: Longshore http://www.dol.gov/owcp/dlhwc/ls-202.pdf This is required to be completed/submitted by the Insured directly to USDOL and is NOT filed by the Carrier. The specific carrier claims reporting instructions are sent with the binder on each account. All Others St Petersburg | FL Houston | TX (727) 578-2800 (727) 873-7690 [email protected] San Francisco | CA Columbus | OH Philadelphia | PA (415) 690-6214 (614) 526-8754 15 (215) 495-5816 Seattle | WA London | UK (253) 271-9692 (0207) 101-9395 So it's always smooth sailing Established 1989 LIG Marine Managers Inc 300 1st Avenue South - Ste 400 St Petersburg FL 33701 LIGMarine.com Follow LIG on: Address Service Requested What It Takes To Write Marine Insurance Business Most agents do not have a large book of marine business. Some have only a few accounts. Others stay away from marine insurance altogether. If you feel reluctant to go after marine accounts, we understand why. Marine insurance is different and the terminology can be confusing, however... ANY agent can write profitable marine business, we are here to show you how! You can start by leveraging LIG Marine Managers expertise. You have the clients and we will make sure you succeed. How can we be so sure? Easy, our agents enjoy a 50% Quote to Order ratio. LIG Marine Managers gives you the tools to close more marine business! ► Easy 24/7 Online Submissions ► Quick quote turnaround ► Education and training programs LIG is the No.1 Commercial Maritime Wholesaler in the USA! As YOUR trusted Marine Partner, we will never be your competitor! LIG provides you with a dedicated Marine Claims Manager, Underwriting Team, and Agency Relationship Manager! Contact Your Underwriting Team Today! (727) 578-2800 ■ [email protected] ■ LIGMarine.com St Petersburg | FL Houston | TX San Francisco | CA Columbus | OH Philadelphia | PA Seattle | WA London | UK