Page 75: of Marine News Magazine (October 2021)


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Water Quality

Insurance Syndicate

In 1971, the Water Quality Insurance Syndicate (WQIS) was established by 27 American marine insurers as a specialist pollution facility to insure vessel pollution risks and to address liabilities imposed by the United States through the Water Quality Improvement Act of 1970 and other signi? cant legislation. WQIS has since expanded its

MOPS Marine operations to offer insurance products to protect owners and operators for their pollution liabilities worldwide. To-

License Insurance

MOPS Marine License Insurance, based in Long Beach, day, with 50 years of experience, WQIS is a leader in the

N.Y., has been protecting the USCG licenses, livelihoods vessel pollution insurance market, offering comprehensive and professional reputations of mariners across America coverage, an experienced underwriting and claims depart- since 1935. MOPS provides its policyholders with de- ment and effective response team. WQIS continues to fense of their USCG-issued licenses following a covered be comprised of highly rated and experienced insurers, is marine casualty. For one low annual premium payment, well ? nanced, assisted by knowledgeable committees, can

MOPS policyholders are assigned an experienced mari- boast top tier assureds, and is highly regarded worldwide. time attorney who represents them from the ? rst report The strength of the Syndicate today is an attestation to the of casualty through any and all administrative proceed- continued value provided by past and current leadership, ings and, if necessary, appeals. Providing unlimited li- subscriber members and broker partners. WQIS has been cense defense and optional income protection, civil legal involved in more vessel pollution events than any other defense and professional liability coverage, MOPS is in marine pollution insurance provider. Delivering where the corner of professional mariners, having successfully and when it counts, WQIS offers its clients unparalleled defended over 10,000 USCG licenses. Underwritten by experience and professional reputation in underwriting,

Lancer Insurance Company, which is rated “Excellent” spill management and claims handling. Its team is avail- by the A.M. Best Company, MOPS is the longtime lead- able to assist in the event of a discharge and throughout er in marine license insurance because it provides unri- the entire spill response—crucial for mitigating damages valed protection against a full range of professional and to the environment and assisting clients to quickly return ? nancial risks. to operational status. MN 75|

Marine News

Marine News is the premier magazine of the North American Inland, coastal and Offshore workboat markets.