OUR SERVICES
Marine Business Insurance for Corporate and Executive Risk
Protect the Business Beyond the Vessel
Marine operations carry risk on the water — but leadership decisions, cyber events, employment disputes, and financial crime exposures can impact the entire organization. Marine business insurance extends protection to the corporate side of maritime operations, covering governance, digital systems, workforce practices, and financial resilience. Corporate exposures deserve the same attention as vessel risk.
Lightship Maritime Inc. structures executive and professional coverage alongside your
commercial marine insurance programs so the business is protected as thoroughly as the fleet.
Directors and Officers Liability (D&O)
Directors and officers liability (D&O) insurance protects the personal assets of directors and officers against claims arising from decisions made in leadership roles.
This includes allegations related to governance, regulatory compliance, financial disclosures, or stakeholder disputes. For growing maritime companies, D&O coverage provides protection for decision-makers as the business expands into new ports, contracts, or service lines. D&O programs are frequently layered alongside structured Protection and Indemnity insurance and vessel programs to ensure leadership risk is aligned with operational exposure.
Executive liability programs are structured to reflect ownership structure, board composition, and financial scale.
Cyber Insurance for Maritime Operations
Maritime companies increasingly rely on port systems, navigation technology, logistics platforms, and digital billing processes. Cyber insurance provides coverage for data breaches, ransomware events, network interruption, and associated liability claims — it's especially relevant for operators managing freight and cargo operations and digital supply chains.
Marine-focused cyber coverage can include incident response coordination, forensic investigation, and regulatory notification support.
For operators moving cargo through port-tech systems or managing distribution data, downtime from a cyber event can halt operations quickly. Cyber insurance helps reduce recovery uncertainty and protect revenue continuity.
Employment Practices Liability (EPLI)
Employment practices liability insurance (EPLI) addresses claims involving wrongful termination, discrimination, harassment, or other workplace-related allegations.
Marine employers — including shipyards, terminals, contractors, and logistics companies — often operate with diverse workforce structures. EPLI should be reviewed alongside statutory protections such as
USL&H coverage requirements when workforce classification questions arise.
Crime Insurance and Fraud Protection
Crime insurance addresses financial losses from theft, employee dishonesty, wire fraud, and social engineering events.
Maritime businesses frequently process high-value payments tied to
ocean cargo programs and vessel operations. Without crime insurance, fraudulent transfers or internal dishonesty can result in direct financial loss. Coverage is structured to reflect transaction volume and internal control practices.
Business Interruption Coverage
Business interruption coverage compensates for lost income when operations are suspended due to a covered event.
For maritime businesses, this may arise from property damage, port shutdowns, or insured events impacting facilities or logistics chains. Lightship Maritime Inc. coordinates business interruption protection with marine and property programs to help protect revenue continuity during recovery.
Let’s Talk Insurance
Ready to Round Out Your Marine Program?
Many operators secure vessel and liability coverage first, only to realize later that executive and corporate exposures remain unaddressed. The next step is reviewing marine business insurance in full context — governance, workforce, digital systems, and revenue stability included.
Vessel type, hull material and year built
What to Expect From Start to Finish
Corporate and professional coverage begins with reviewing ownership structure, operational footprint, employee count, technology reliance, and financial profile. Policies such as D&O, cyber insurance, EPLI, crime insurance, and business interruption are evaluated as part of a coordinated program. Coverage limits and retentions are explained clearly so leadership understands what is protected before binding. As the business evolves, the program evolves with it.
Your Questions, Answered Clearly
What is D&O liability insurance and who does it protect?
It protects directors and officers — and often the company itself — against claims arising from decisions made in leadership roles.
Do maritime companies need cyber insurance and is marine cyber different?
Maritime operations rely on port systems, navigation software, and logistics platforms. Marine-aligned cyber coverage accounts for operational downtime and incident response specific to maritime environments.
What does EPLI cover for marine employers?
It addresses claims involving employment practices such as wrongful termination, discrimination, or harassment.
What does crime insurance cover?
It covers financial losses resulting from theft, employee dishonesty, and certain types of fraud, including wire transfer fraud.
When does business interruption coverage apply to marine operations?
It applies when operations are suspended due to a covered event, compensating for lost income during the restoration period.
Build Corporate Resilience Alongside Marine Coverage
Leadership risk and financial exposures expand as maritime companies scale. Lightship Maritime Inc. structures marine business insurance programs that protect both operations and executive decision-makers.