Associated Insurance Professionals, Inc.
Action Insurance Professionals - AIP Action Insurance Agency
A New Mexico Corporation

New Mexico - Colorado - California - Arizona - Nevada
Licensed Agents and Brokers

Marine Insurance

Marine General Liability (MGL) covers general liability exposures on an occurrence basis. For the target classes listed, the MGL policy is often tailored to include additional marine liability exposures that are traditionally written on a mono-line basis, resulting in a seamless Marine Liability package.

• Mono-line Marine Liability coverage is also available, as primary or excess.

• The Bumbershoot policy is similar to an umbrella policy, except that it provides protection over both Marine and Non-Marine underlying coverage's.

The Shipwright policy provides a cost-effective combination of MGL and Ship Repairers coverage for marine contractors and specialty ship repairers with annual receipts under $500,000.

Target Classes

• Boat dealers and manufacturers
• Vessel charterers
• Marine contractors
• Marina operators
• Port authorities
• Ship repairers
• Shipyards
• Stevedores
• Terminal operators
• Wharfingers

A  dedicated P&C team that works closely with Ocean Marine clients, providing a total account solution with a single carrier. Examples of coverage include property, auto, crime and business interruption.

• Marine contractors
• Boat Manufacturers

• Cargo Elite policies offer automatic all-risk coverage for all international shipments of new merchandise via ocean or air – regardless of destination.
• Custom Cargo policies are available for highly complex accounts and freight forwarders.

Target Classes

• Apparel and textiles
• Automobiles
• Chemicals
• Distributors and wholesalers
• Food products
• Machinery
• Manufacturers
• Pharmaceuticals

Yacht Insurance

 QUAY Marine and Yacht Agreements are insurance contracts specifically designed for the unique requirements of luxury yacht owners. The agreements provide coverage for captain and crew (including Jones Act); extensive navigational limits; waived and reduced deductibles; favorable depreciation terms; expenses incurred for substitute yachts and the monitoring of covered losses.
 

Target Classes

• Custom and semicustom sportfish
• Trawlers
• "Down East" boats
• Long-range cruisers

 We can provide a wide range of individualized Commercial Hull coverage options. Commercial and passenger vessel coverage includes protection for the hull, machinery and equipment, along with collision liability. Coverage additions to the hull policy may include tower’s liability; war risks; strikes, riots and civil commotions; and increased value and mortgagee interest.

Written in conjunction with Commercial Hull, P&I coverage protects the vessel owner against legal liabilities arising out of negligence in the operation of a vessel. It also includes liability for both property damage and bodily injury.

• Charter boats
• Crew/supply boats
• Excursion vessels
• Ferries
• Research vessels
• Tugs and barges
• Workboats

Builder’s Risk insures a vessel from the start of construction until completion at a shipyard. Builder’s Risk covers the vessel and certain property used in construction, such as materials, plans, patterns and scaffolding. Coverage also includes launching and sea trials within a limited geographic area, as well as collision liability and P&I.

• Boatyards
• Shipyards
• Yacht owners
• Commercial vessel owners

Designed for specialty Shipwright boat repairers and marine contractors. An extensive combination of coverage's
in a single policy.

Including protection for:
• Marine General Liability
• Ship Repairer’s Legal Liability
• Miscellaneous Property

• Ship repairer’s legal liability for damage to vessels and the property of others, as a result of making repairs or alterations to vessels that are in the insured’s care
• Marine general liability, including coverage for contractual liability, as well as products and completedoperations liability
• Limits of $1 million per occurrence and $2 million aggregate
• Premises liability coverage
• Worldwide coverage territory for liability coverages
• Up to 10 additional insureds at no additional premium
• $5,000 miscellaneous property coverage limit for tools and supplies
• Low deductibles:
- $2,500 for MGL/SRLL
- $1,000 for miscellaneous property
• Flat premiums – no adjustments

• Traveling workman
• Land transportation
• Other non-marine work
• Non-owned vessel protection and indemnity

• Liability limits up to $5,000,000 (per occurrence and in the aggregate)
• Miscellaneous property limits up to $30,000
• Reduced MGL/SRLL deductible of $1,000
• Sudden and accidental pollution
• Terrorism
• Workboat coverage on an "All Risks" basis; also includes liability (protection and indemnity) coverage