Marinex Underwriting Sets Sail in Australia's Marine Insurance Market

Marinex Underwriting is a shared equity marine underwriting agency co-founded by national relationship manager Janelle Karnib, CEO Chris Kelly, and Ainsley Smith. The agency aims to address complex marine insurance needs across the Australian market.

Initially, Marinex will offer four key products: Cargo, Carriers, Commercial Hull, and Marine Liability. Additional products are expected to be introduced in the near future as the agency seeks to expand its market presence.

For boat owners and marine businesses, the entry of Marinex Underwriting into the market signifies increased options for insurance coverage. Tailored insurance solutions can provide better protection against the unique risks associated with marine activities, potentially leading to more favourable loan terms and increased confidence among lenders.