UP TO DATE! The insurance, which is called an insurance company built by navigators for navigators, has expanded to Florida, one of the largest recreational boat markets in the world.

The excess and the surplus line corridor was founded in 2021 by Amit Nisenbaum, an former Israeli naval officer who has directed new companies; Kenan Hertz, previously with Usaa and Insurtech Advisors; and Shache Segev, engineer and vice president of American and Israeli technology companies, according to the company’s information. Bob Jones, who has worked with progressive insurance companies, is vice president of distribution.

Ahoy!, With offices in New York, he said it aims to provide unique purchases for insurance agents looking for boat coverage, for vessels up to 95 feet long and up to $ 2.5 million in value, through insurance backed by the government or through E & S Coverage. The firm was acquired in the spring of 2024 by Bishop Street Underwriters, a general managing agency. Spinnaker Insurance C. provides some coverage.

The expansion of Florida for Ahoy! Follow the recent launch of its yacht subscription program for larger boats, throughout the country, the company said. The Florida movement arrives at a crucial moment for the Florida boat industry, since some insurers have raised premiums and reduced the subsequent coverage offers, the press release said.

Topics Florida