One80 Intermediaries

Things can change as quickly as tides in the maritime industry, widening the doors for exposure to various risks. This inherent dynamic nature prompts businesses to choose a variety of insurance products specific to different scenarios for safeguarding their operations and assets from potential risks and accidents.

The industry-leading wholesale brokerage and programs manager, One80 Intermediaries, checks all the boxes to become an ideal partner for businesses to address diverse risks. Operating for over three decades in this domain, the firm boasts unparalleled hyper-focused specialization in the marine space.

One80 Intermediaries’ extensive industry experience, coupled with the firm’s close partnership with carriers throughout the US, UK, Canada and Asia, it has built a legacy of consistently representing and underwriting some of the biggest names in the industry. Its expertise encompasses a broad spectrum of sub-segments, from boats and yachts, commercial hulls and P&I and recreational marine facilities to relevant marine liabilities.

“We take pride in being a constant and reliable force for the maritime industry. Our commitment to dependable underwriting, superior products and enduring partnerships presents unmatched value for clients,” says Christopher L. Pesce, national programs practice leader at One80 Intermediaries.

A people-first approach to underwriting policies is central to One80 Intermediaries’ excellence. The company always goes the extra mile to establish professional and personal relationships with the clients, allowing it to completely grasp their needs and demands. A team of meticulously selected professionals with a comprehensive understanding of marine insurance complements its business model. This includes licensed captains and mariners who have lived and worked within the industry, giving the firm a natural edge in understanding the nuances of each account.

One80 Intermediaries blends its industry expertise with time-tested technology to offer a personalized underwriting experience for all. By providing online ratings for specific products, it helps clients evaluate their efficiency and ability to address various requirements. These capabilities make the firm a perfect brokerage and program manager for a diverse client base.

To illustrate this point, Chris pointed to a recent success which involved a large recreational marine facility looking to expand through acquisitions. Here, One80 Intermediaries collaborated with its property division to structure a separate property program tailored to the acquisitions’ scope and scale. The product secured the client’s accounts, demonstrating its commitment to going beyond the confines of a standard wholesale brokerage and programs manager.

One80 Intermediaries also attributes much of its success to its sophisticated claims practice, which specializes in claims adjudication across the One80’s marine programs. The team of cross-functional experts leaves no stone unturned to provide a comprehensive solution that covers every relevant risk parameter across all product lines. The claims team encompasses diverse industry expertise and a shared passion for delivering exceptional customer service - fostering a culture of critical thinking and problem-solving.

Separately, One80 recently launched their innovative rental insurance product, offering boaters the option to secure liability coverage when renting vessels. It stands out as a first-of-its-kind offering in the marketplace. The firm partnered with vQuip, a tech company that streamlines the booking process for rental facilities.

This latest addition to One80 Intermediaries’ portfolio provides a new income stream for brokers and exemplifies the company’s efforts to identify market gaps and deliver creative solutions. With a commitment to exceptional client service and a legacy of unrivaled domain expertise, One80 Intermediaries stands at the forefront of service excellence in the marine insurance industry.