Safewaters Insurance

[wfleenor]

Anyone on the forum had any experience with Safewaters Insurance? Thanks.

 

[Pau Hana]

Safewaters is an MGA- not a bad policy. My concern is, like several companies that have ceased writing marine business in the States recently, they are not pricing their policy adequately for the long term benefit of the policyholder, and may end up in a similar situation- that is, writing a ton of business, then suddenly pulling the floor out from under the policyholders with unexpected non-renewal notices.