Managing general agent ADVA Underwriting has announced the launch of its new marine war risk initiative.
This initiative complements the firm’s existing marine offering and broadens its support to brokers and their marine clients. ADVA will be able to underwrite lines of up to $150m including for voyages to and from designated war risks exclusion zones.
“The increasingly uncertain international security landscape has put the importance of war risks insurance very much in the spotlight in recent times,” the company stated in a release.
