SiriusPoint backs nationwide marine cover
Distinguished Programs, the US-based national insurance programme manager, has announced a new partnership with Bermudian-headquartered SiriusPoint Ltd for its inland marine insurance programme.
It said the programme would offer tailored coverage for a focused segment of inland marine exposures, such as motor truck cargo and transportation, contractors’ equipment, builders’ risk, and more.
Ancillary coverages such as rigging liability, installation and relevant commercial property will also be incorporated into the product offering.
Coverage will be available nationwide in the US and backed by SiriusPoint.
Patrick Charles, head of North America Insurance at SiriusPoint, said: “Marine is a growth area for SiriusPoint and this partnership with Distinguished supports our aim to partner with best-in-class programme administrators in this product area.”
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