Inland Marine Insurance

We draw on our long-standing tradition of insuring inland marine exposures to help protect your business from the most likely risks.

As one of the largest marine insurance providers—and the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., with A+ ratings, a 350-year heritage, and a reach that spans 40+ countries and regions—MSIG USA brings the experience, stability, and underwriting excellence to help protect against a wide range of inland marine risks.

Whether you’re a US-domiciled business or a US-based subsidiary of a foreign-domiciled company, MSIG USA can provide an inland marine solution that addresses your unique exposures, customized to the way you operate.

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Whatever your business, we have your inland marine risks covered

MSIG USA provides tailored inland marine insurance solutions on an admitted and non-admitted basis for the full spectrum of businesses with inland marine exposures. We regularly work with companies in transportation and logistics, shipbuilding and repair, construction, energy, manufacturing, ports and terminals, medical sciences, video and music production, and trucking, as well as businesses that deal in fine art.

In customizing a solution to your needs, we can draw from a wide range of inland marine coverage classes, such as builders risk, installation floaters, contractors equipment, rolling stock/railroad property, motor truck cargo, warehouseman’s liability, miscellaneous floaters, and many more. We also bring the flexibility to write coverage on AAIS inland marine forms, ISO forms for package policies, and manuscript or bespoke forms for non-filed classes.

Download our Inland Marine product overview for more details.

We help protect your cargo all along the way

MSIG USA provides admitted and non-admitted options to protect goods of all types while in transit, including raw materials and finished goods. Whether you are a manufacturer, distributor, importer, exporter, freight forwarder, trucker, or logistics company, we can help protect your cargo with an inland marine insurance solution for owned or non-owned cargo, tailored to your unique needs. Products include motor truck cargo covering your liability to cargo owners as well as various transit policies covering first party property damage on owned cargo.

MSIG USA offers marine coverage for the construction industry

When your inland marine activities involve new construction, renovations, buildouts, rehabilitations, or installations, MSIG USA can provide coverage that addresses your specific exposures.

Our underwriters have the knowledge and experience to tailor an insurance solution to your requirements, with coverage options that include builders risk, installation floaters, and contractors equipment. Our highly experienced in-house risk engineering consultants can help you prevent inland marine losses through comprehensive risk assessments—which are especially vital on construction projects—and practical risk reduction recommendations.

MSIG USA routinely provides customized inland marine construction solutions for real estate developers, general contractors, and specialty trade contractors for non-frame facilities such as:

Offices
Hotels
Municipalities
Schools
Medical facilities
Other commercial buildings

Download our Inland Marine Construction product overview for more details.

We help protect your rolling stock

MSIG USA is a market leader in providing rolling stock and railroad property coverage. Larger rail systems may package rolling stock and other railroad-related property, including track and roadbed, maintenance of way equipment, or other real property such as ticket offices, stations or service buildings. MSIG USA can participate in shared or layered programs on a lead or follow basis to provide coverage tailored to each specific railroad.

Our targeted classes for rolling stock include:

Class I railroads (excess only)
Short line railroads
Commuter railroads
Scenic tour railroads
Leased in/out railcars

Your frequently asked Inland Marine insurance questions answered

Q: What classes of commercial inland marine business does MSIG USA write?

MSIG USA writes most classes of commercial inland marine, with emphasis on the construction
and transportation industries. Our target appetite includes coverage for:

Builders risk/installation floaters
Contractors equipment
Railroad rolling stock
Motor truck cargo legal liability
Warehouse Legal Liability

Other classes we write include communication towers and equipment, mobile medical, equipment data processing, and other mobile property floaters.

Q: Does MSIG USA write motor truck cargo insurance?

Yes, MSIG USA writes motor truck cargo legal liability coverage. This can be a challenging class of business due to the ease of entry and financial volatility of the trucking business. For this reason, MSIG USA partners with agents and brokers who specialize in these classes and know the marketplace and potential pitfalls. We focus on building a strong underwriting partnership centered on profitability.

Q: What is MSIG USA’s appetite for railroad business?

MSIG USA is a market leader in the rail property space. We participate on an excess basis on Class I and II railroads and can consider primary on Class III and local commuter/light rail systems. MSIG USA frequently provides coverage for rail cars owned or leased by many manufacturers, distributors, or other supply chain managers. Brokers interested in sending a rail account to us for consideration should first reach out to one of our specialists to discuss our appetite and underwriting requirements.

Q: What is MSIG USA’s appetite for builders risk business?

MSIG USA has a strong desire to write non-combustible commercial construction business with proven contractors and developers. Our focus classes include manufacturing, retail, real estate, civil, healthcare, higher education, and renewable energy projects. We will consider both project and master builders risk programs.

Q: Does MSIG USA write inland marine on an admitted or surplus lines basis?

MSIG USA can write inland marine risks on an admitted or surplus lines basis, depending on the specific coverages required and the regulatory jurisdiction of the insured exposures.

Want to learn more? Talk with an inland marine insurance specialist.>