John W. Fisk Company services

Need commercial diving insurance?  Securing insurance for commercial diving operations can often be a time consuming and confusing matter.  Since there are many types of commercial dive operations and risks, the availability and cost of insurance coverages can be overwhelming.  At the John W Fisk Company, we have spent the last 60 plus years perfecting our insurance expertise and available markets to allow for the most comprehensive and cost effective commercial diving insurance programs available today.  Allow our staff to help you understand and navigate your coverage options.  At Fisk Insurance we closely partner with you to help you tackle insurance MSA’s and contractual requirements.  Marine insurance is our passion, allow us to help you be the most cost effective commercial dive operation in your area.

Workers compensation insurance provides medical and some disability benefits coverage for on-the-job injuries and disease.  Workers compensation coverage is available in all states except North Dakota, Ohio, Washington, and Wyoming. Customers in these four states should call us regarding “Employers’ Liability Stop-Gap” coverage.

Maritime employers liability insurance is one of our specialties. Are you a maritime employer or a commercial diving company and need help understanding maritime employers liability insurance? Under federal law (The Jones Act also known as Merchant Marine Act), masters and members of the crew are not restricted to statutory compensation acts (State Workers’ Compensation) and may sue their employers for injuries sustained in the course of employment. Maritime employers liability is an important concept to understand. The Jones Act is based on negligence and eliminates many defenses, including assumption of the risk and contributory negligence. However, it includes comparative negligence.

ROV insurance covers your specialized machines in a rough environment. A remotely operated underwater vehicle, commonly referred to as an ROV, is a tethered underwater vehicle. ROV insurance covers this specialized crafts.  They are common in deep water industries such as offshore hydrocarbon extraction, commercial diving contractors, geophysical and hydrographical survey contractors. While the traditional abbreviation “ROV” stands for remotely operated vehicle, one must distinguish it from remote control vehicles operating on land or in the air. ROVs are unoccupied, highly maneuverable and operated by a person aboard a vessel. They are linked to the ship by either a neutrally buoyant tether or often when working in rough conditions or in deeper water a load carrying umbilical cable) is used along with a tether management system (TMS).

Marine Hull and machinery Insurance covers loss or damage to hull and machinery. The hull is the structure of the vessel which can be made from wood, steel or any other type of materials and equipment such as pulley, crane and steering wheel. Machinery is the equipment that generates the power to move the vessel and control the lighting and temperature system such as boiler, engine, cooler, and electricity generator. Protection and Indemnity (P&I) insurance is liability coverage for watercraft. It protects the insured from liabilities, from bodily injury, or property damage arising out of the use, or ownership of declared vessels. There are several commonly used protection and indemnity forms and many proprietary forms used for this insurance. Most P&I forms offer payments for loss of life, injury, illness, hospital, and medical expenses.

Property Insurance is any type of insurance that indemnifies an insured who suffers a financial loss because property has been damaged or destroyed. Property is considered to be any item that has a value. Property can be classified as real property or personal property. Real property is land and the attachments to the land, such as buildings. Personal Property is all property that is not real property. The Building and Personal Property coverage form is the form used to insure almost all types of commercial property. The insuring agreement in the Building and Personal Property coverage form promises to pay for direct physical loss or damage to covered property at the premises described in the policy when caused by or resulting from a covered cause of loss. The following is a brief outline of coverages and how they are used within the Commercial Building And Personal Property coverage form.

The property covered on the contractors equipment floater might range from simple hand tools to very large cranes. Virtually any type of mobile equipment or tool can be insured. The equipment covered can be used in a wide variety of operations such as, commercial diving, hydrographic surveys to marine construction. Equipment might be used to inspect, repair and maintain bridges, dams, pipelines, or many other types of structures.  The coverage provided is for direct physical loss to the equipment. Rental or leased coverage can be added to cover the equipment you may need to rent from various equipment rental companies. We have competitive markets for Remote Operated Vehicles ( ROV ), Autonomous Underwater Vehicles ( AUV ), commercial diving gear and other hard to place waterborne equipment.

Professional liability insurance, also called Professional Indemnity Insurance, protects professional practitioners such as Architects, surveyors, consultants, engineers, home inspectors, lawyers, physicians, and Accountants against potential negligence claims made by their patients/clients. Professional liability insurance may take on different names depending on the profession. For example, professional liability insurance in reference to the medical profession may be called Medical Malpractice. Notaries public may take out errors and omissions insurance (E&O). Other potential E&O policyholders include, for example, real estate brokers, appraisers, and website developers. There are also specific E&O policies for technology companies, such as software developers, technology consultants and other creators of technology.

Ocean cargo insurance is a specialty type of insurance we provide. Goods in transit need to be insured from an inland point of origin to a final inland destination and all points along the way. Most of the time, this is accomplished with one policy so there is no question as to which policy is in force at any given time. The coverage can be provided on an individual basis as each shipment is made or under a Marine Open Cargo policy. Insurance can be purchased by the buyer, seller, consignee or freight forwarder. Transit insurance is from warehouse to warehouse, or as required by the terms of sale, or by a specific country’s insurance requirements.