Inland Marine Insurance Market Scope
Inland Marine Insurance is a form of property insurance that covers goods, tools, equipment, and other property that is not tied to a fixed location and is not covered by a standard commercial property policy. Inland Marine Insurance provides coverage for a variety of property, including merchandise ship by truck to a customer, equipment used by construction contractors, musical instruments, photography equipment, fine art, and more. Inland Marine Insurance provides broad coverage for property that helps fill the gap in coverage left by standard commercial property policies.
The market study is segmented by Type (Shipping and Transit, Bailee’s Customer Coverage, Movable Equipment or Property, Builder’s Risk and Others) and major geographies with country level break-up.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Inland Marine Insurance market throughout the predicted period.
CPIC (China), Liberty Mutual (United States), Hartford (United States), Great American Insurance Group (United States), Chubb (United States), Nationwide (United States), Jewelers Mutual (United States), Allstate (United States), AXA (France), Allianz (Germany), AIG (United States), The Travelers Companies (United States), Statefarm (United States), RLI Corp. (United States) and Allianz (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Brunswick Companies (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Inland Marine Insurance market by Type, Application and Region.
On the basis of geography, the market of Inland Marine Insurance has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 8 April 2019, AXA XL's North America marine insurance business is continuing to push the frontiers of inland marine coverage with a new contractor's equipment product. New product represents the expansion of the company’s risk appetite and underwriting expertise.
- Growing Natural Disasters across the Globe
- The Growing Shipping and Transportation Goods Risk Driving the Adoption of Inland Marine Insurance
- The Rising Risk in the Businesses Fuelling the Inland Marine Insurance Industry
- Inland Marine Exposures Rank among the Most Volatile Of Property Exposures, With Risk Profiles Changing From Day To Day
- Ongoing Growth in the Construction and Freight Industries Is Expected to Open Lucrative Opportunities for the Market during the Projected Period
- Lack of Awareness among the Business about Inland Marine Insurance Coverage
Key Target AudienceInland Marine Insurance Companies, Inland Marine Insurance Brokers/Agents, Regulatory & Government Bodies, End Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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