The AAIS Inland Marine Guide

Policy forms • Rating procedures • Underwriting guidelines

A cost-effective resource for a profitable line

"Inland marine" generally refers to property insurance for risks related to construction, transportation, or communications, as well as for certain unique risks, such as fine arts collections.

Although some consider inland marine to be an exclusively U.S. line, it has a long history in Canada. Inland marine has consistently been one of the most profitable lines of commercial insurance, producing underwriting profits even through prolonged soft markets.

Canadian insurers now have access to one of the oldest and most respected resources for this line: The Inland Marine Guide, developed and maintained by AAIS, a U.S. bureau based in suburban Chicago.

The Guide provides policy forms, rating procedures, underwriting guidelines, and other information for numerous "classes" of inland marine insurance, including:

Construction: Builders' Risk, Contractors Combination, Contractors' Equipment,
Installation Floaters, Riggers' Liability

Electronic Data Processing: Coverage for hardware, software, mainframes, PCs, and websites

"Floaters": Bailee, Exhibition, Processing Risks, Sales Representatives' Samples, Scheduled Property, Mobile Equipment

Legal Liability: Bailees' Customers, Motor Truck Cargo, Warehouse Operators

Communications: Radio and TV Towers and Equipment

Transit: Transportation, Trip Transit, Owner's Cargo

Watercraft: Yachts

Other: Difference in Conditions

More than 300 property insurers of all sizes use the Inland Marine Guide, including AIG, Liberty Mutual, Mitsui Sumitomo, Tokio Marine & Nichido Fire, Zurich, and scores of regional and specialty carriers in the U.S.

Most of these companies use the Guide as the basis of their own inland marine products; others use it as a reference for developing proprietary products.