Southern Marine, a program administrator within Starwind Specialty, is pleased to announce the launch of the Southern Marine Ocean Cargo Admitted Program, a new admitted capacity facility, effective April 1, 2025. This expansion marks a significant milestone for Southern Marine, which has historically specialized in excess and surplus (E&S) solutions.
Southern Marine Expands Ocean Cargo Capabilities with Launch of Admitted Capacity Facility
The Southern Marine Ocean Cargo Admitted Program is written on A (Excellent) Financial Size X (AM Best) paper and offers Ocean Cargo, Stock Throughput, and Excess Stock capacity with a $20,000,000 limit per conveyance and per location, including coverage for catastrophe perils. Southern Marine’s appetite includes manufacturing, technology, energy, aerospace, construction, healthcare, fashion, food and beverage, mining, and more.
This new facility comes at a critical time as the market faces increasing pressure on catastrophe capacity. By adding an admitted option, Southern Marine enhances its current E&S products and its ability to provide cost-effective solutions while maintaining the high level of service and expertise its brokers and clients expect.
“This new facility further broadens our offerings and adds another level of flexibility to our business,” said Graham Jenks, President of Southern Marine. “For the first time, we can provide our brokers and clients with admitted capacity, which translates to cost savings and stronger consumer protections. We are committed to continuously expanding our capabilities and delivering solutions that evolve with our clients' needs.”
This new program reflects Southern Marine’s continued commitment to innovation, stability, and best-in-class service.
About Southern Marine
Southern Marine is an MGA within CRC Group’s Starwind Specialty, delivering a variety of insurance solutions to clients across the Bulk Liquid Cargo & Storage, General Cargo, and Stock Throughput segments. Learn more at www.southernmarineinsurance.com.
About Starwind Specialty
Starwind Specialty Insurance Services is one of the largest program management operations in North America. It provides distribution partners and insureds with unique specialty products across multiple industries and a full suite of services—underwriting, distribution, and claims management. Learn more at www.starwindins.com.