Marine Liability Insurance Underwriting

The contract involves the underwriting of marine liability insurance policies that provide a minimum coverage of $5 million per occurrence. These policies must include the Government of Canada as an additional insured party and incorporate a waiver of subrogation rights against the Crown. The insurance coverage aims to protect the Crown against liabilities arising from marine-related operations and activities. Issued by the Department of Fisheries and Oceans under the Government of Canada, this subcontract relates to a solicitation posted in early 2026 with a response deadline at the end of 2029. The contract falls under the NAICS code 524126, which pertains to insurance underwriting. The designated place of performance is Canada, indicating a nationwide scope, with the Department overseeing this initiative to ensure appropriate marine liability risk management and coverage for government-related marine activities.