Companies form alliance for classic-boat insurance

Author:
Updated:
Original:

Heritage Marine Insurance formed an alliance with ACE Recreational Marine Insurance to provide insurance for classic boats throughout the United States.

Heritage Marine's longstanding Classic Coverage ProgramSM is now exclusively underwritten by ACE Recreational Marine Insurance.

Classic boats require extensive insurance expertise because of their unique construction, materials, usage and difficulty to replace parts, according to Heritage Marine. The Classic Coverage Program provides an insurance package designed to fulfill the specific needs of wooden boats, as well as certain classic boats of aluminum, steel and fiberglass construction.

"Our dedicated and knowledgeable marine specialists are recognized as experts in the classic boat market, and it is exciting to be working with ACE Recreational Marine Insurance, the leading marine insurance provider, in offering our Classic Coverage Program," said Jim Cassidy, an owner of Mystic, Conn.-based Heritage Marine Insurance.

Click here for the full release.

Related

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.

IBEX Hires Education Director

Patty Lawrence will manage the show’s preconference sessions, seminars and workshops.

Organizers Plan for In-Person Metstrade

The show is scheduled for Nov. 16-18 in Amsterdam and will incorporate virtual elements.

X Shore Secures $17M in Funding

The Swedish company’s 26-foot Eelex 8000 electric boat premiered at the Palm Beach show last month.