--- title: "Ocean marine insurance for specialty businesses | CARMA" description: "Ocean marine insurance is a specialized placement topic. An initial review should identify the property, voyage, parties, custody, contracts, valuation,..." canonical: "https://www.carma365.com/specialty-insurance/ocean-marine/" --- Specialty insurance # Ocean marine insurance for specialty businesses Ocean marine insurance is a specialized placement topic. An initial review should identify the property, voyage, parties, custody, contracts, valuation, and jurisdiction involved before CARMA can assess the account and current market interest. Prepared by [CARMA Insurance](/about/) Reading time 1 min read Content updated August 12, 2026 Carma Insurance LLC [Business entity NPN 21134854](/licensing-disclosures/) Related CARMA expertise [Zimraan Shikari, Director, Underwriting](/experts/zimraan-shikari/) [How we publish guidance](/editorial-standards/) [Discuss an ocean marine account](/contact/) Coverage and availability depend on the account, state, insurer and underwriting review. General information and nonbinding indications do not bind insurance; the applicable binder, policy, endorsements and law govern coverage. Important insurance information This guide is general information and does not determine coverage or legal requirements for your business. Policy terms, exclusions, conditions and available options vary. Contact the appropriate licensed insurance representative about your account, request confirmation of any coverage placed, and review the applicable insurance documents. An application, inquiry or nonbinding indication does not by itself bind or change insurance. Account brief ## What to clarify before discussing this account **Clarify** What property moves, between which points, by which transport mode, and at what value? **Confirm** Who owns, packs, stores, carries, and receives the property at each stage? **Prepare** Goods, equipment, ownership, values, origins, destinations, routes, and transit frequency [Discuss an ocean marine account](/contact/) On this page 5 sections On this page [Follow the property through the voyage](#follow-the-property-through-the-voyage)[Clarify parties, custody, and contracts](#clarify-parties-custody-and-contracts)[State questions](#state-questions)[Underwriting focus](#underwriting-focus)[What to send CARMA](#what-to-send) ## Follow the property through the voyage Describe the goods or equipment, ownership, valuation, packaging, origin, destination, mode of transit, frequency, storage points, and greatest concentration at one time. ## Clarify parties, custody, and contracts Identify shippers, consignees, carriers, freight forwarders, warehouse operators, and other parties. Explain when custody and financial responsibility transfer and which contract or shipping term controls. ## Ocean marine questions for an initial review - What property moves, between which points, by which transport mode, and at what value? - Who owns, packs, stores, carries, and receives the property at each stage? - Which contracts, shipping terms, jurisdictions, and prior losses shape responsibility? ## What CARMA wants the submission to explain These details help the team understand the account and identify the next useful question. They do not establish eligibility or available terms. - Describe the property, ownership, valuation, packaging, origin, destination, transit mode, and concentration. - Identify shippers, carriers, freight forwarders, warehouses, consignees, and each transfer of custody. - Provide shipping terms, contracts, routes, security information, prior losses, and the coverage decision needed. ## Records for an ocean marine discussion - Goods, equipment, ownership, values, origins, destinations, routes, and transit frequency - Carrier, freight forwarder, warehouse, packaging, storage, and security information - Shipping and customer contracts, prior loss history, current coverage, and requested effective date ## Can CARMA consider this account? CARMA confirms program fit, licensing, state availability, coverage options, and market interest for each account. This guide does not promise eligibility, terms, pricing, or placement. Important insurance and legal information CARMA's website provides general information only. It is not insurance, legal, tax, regulatory, underwriting, safety, risk-management, or claims advice. Nothing on this site is a quote, binder, policy, coverage determination, legal opinion, or promise of eligibility, availability, pricing, terms, limits, or placement. Only an issued policy and its endorsements can provide coverage, and their actual terms, conditions, limitations, and exclusions control. Sending information, following a link, or speaking with CARMA does not bind coverage, change a policy, or create authority to act for an insurer unless an authorized party confirms that authority in writing. Do not rely on this website to report a claim, request a policy change, satisfy a notice requirement, or meet a deadline. Use the instructions in the applicable policy or written communication. Laws, licensing, appetite, carrier participation, and external sources can change, so confirm time-sensitive matters with CARMA, the controlling source, and qualified advisers. [Read the complete website disclaimer](/legal-disclaimer/). [Back to top](#main-content) Continue researching ## Put this subject in the context of the full account. Account-specific review ## Bring CARMA the account. Retail agents, wholesale brokers, and business owners can start with the details they have. [Discuss an ocean marine account](/contact/)[Start a business insurance conversation](/contact/)