Fast facts about this line of insurance…
-
A total of 286 companies write Ocean & Inland Marine insurance in Massachusetts.
-
The total Direct Written Premium for this line of insurance is $433,470,583 dollars.
-
The top 20 insurers have a combined Direct Written Premium of $299,060,617 dollars.
-
This represents an 63.3 % share of the market
-
The remaining 266 companies have Direct Written Premium of $173,618,951 dollars representing a 36.7% share of the marketplace.
And the top 20 are…
| Company Name | State | Premium Written in MA | Market Share in MA |
| Liberty Mutual Ins. Co. | MA | $61,740,221 | 13.06% |
| Continental Cas Co | IL | $ $ 36,355,194 | 7.69% |
| Federal Ins Co | IN | $ 28,174,123 | 5.96% |
| Stonebridge Cas Ins Co | OH | $ 19,749,919 | 4.18% |
| Travelers Prop Cas Co Of Amer | CT | $ 12,536,963 | 2.65% |
| National Cas Co | WI | $ 11,540,150 | 2.44% |
| Jefferson Ins Co | NY | $ 11,468,177 | 2.43% |
| Atlantic Specialty Ins Co | NY | $11,389,800 | 2.41% |
| Pacific Ind Co | WI | $ 11,122,356 | 2.35% |
| Factory Mut Ins Co | RI | $ 10,928,219 | 2.31% |
| Hanover Ins Co | NH | $ 9,630,244 | 2.04% |
| National Union Fire Ins Co Of Pitts | PA | $ 9,095,372 | 1.92% |
| Ace Amer Ins Co | PA | $ 8,942,517 | 1.89% |
| Starr Ind & Liab Co | TX | $ 8,916,404 | 1.89% |
| United States Fire Ins Co | DE | $ 8,754,233 | 1.85% |
| Acadia Ins Co | NH | $ 8,388,284 | 1.77% |
| Affiliated Fm Ins Co | RI | $ 8,279,193 | 1.75% |
| Liberty Ins Underwriters Inc | IL | $ 7,745,307 | 1.64% |
| AGCS Marine Ins Co | IL | $ 7,241,348 | 1.53% |
| Great Amer Ins Co of NY | NY | $ 7,062,593 | 1.49% |
