Rokstone North American Marine, part of international specialty reinsurance MGA Rokstone, has launched a new inland marine equipment program supported by $10 million in underwriting capital from QBE.
The new program offers modern, flexible, professional coverage aimed at small and medium-sized contractors, equipment dealers, rental operators and industrial businesses operating across multiple locations and job sites.
The product is designed to meet the needs of modern equipment-driven industries, where mid-market exposure is increasing and access to custom solutions is decreasing.
The Inland Marine Program offers a comprehensive suite of specialty products including: Contractor Equipment, Commercial Output Policies (COPs), Equipment Sales and Leasing, and Ancillary Inland Marine Insurance.
The $10 million loan is specifically tailored to the small to mid-sized market and is large enough to support meaningful equipment planning while enabling fast, professionally driven underwriting and responsive decision-making.
The launch is based on Rokstone’s advanced technology, specifically the proprietary ATOMX platform. The underwriting and distribution platform facilitates efficient data ingestion, risk assessment and project management, enabling digital quoting and binding workflows.
ATOMX enables Rokstone to quickly deliver complex professional solutions with precision and scalability.
With this launch, Rokstone Marine now has US$60 million of total maritime capacity deployed across its projects, supported by a diverse group of top global carriers including Allianz, QBE and Lloyd’s of London.
Mike Nukk, Principal at Rokstone Marine, commented: “We are delighted to partner with QBE Collaboration on this innovative inland maritime program. It significantly enhances our ability to scale, diversify and bring more sophisticated solutions to the market. Demand for specialized inland maritime coverage is accelerating, however, legacy carriers are still prioritizing large customers, leaving the mid-market segment underserved.”
He added: “At Rokstone, we continue to buck the trend. While others retrench, we are expanding to bring choice, service, financial stability and innovation to brokers and insureds. In an environment where clients prioritize carrier stability and brokers demand speed, expertise and digital efficiency, Rokstone Marine has become the go-to marketplace for service-intensive specialty risks.”
Sharon Primerano, Vice President and U.S. Inland Marine Manager at QBE, commented: “Since launching our U.S. Inland Marine product last year, we have received tremendous support from the market. We are pleased to further support the category through an agency that focuses on deep underwriting expertise and disciplined approach. The Inland Marine market requires specialized insight, speed and flexibility, and we are pleased to expand our reach into this space while maintaining underwriting quality, strong governance and long-term commitment.”
