Witt O'Brien's Launch of Seassurance Ltd.
Witt O’Brien’s today announced the launch of Seassurance Ltd, a wholly owned subsidiary specializing in insurance‐related marine transportation compliance products and services. The Company provides Certificate of Financial Responsibility (COFR) guarantees and International Carrier Bonds (ICB) for vessels visiting the United States and/or Canadian Ports. Seassurance is fully authorized by the United States Coast Guard.
“The COFR and ICB products delivered by Seassurance compliment the suite of compliance products provided by Witt O’Brien’s. Our clients can now satisfy any or all statutory and regulatory requirements for their U.S.‐bound vessels efficiently through a single source and single point of contact,” said Bob Anderson, Managing Director of Seassurance Ltd.
“We are excited about the combined services and one stop procurement and delivery Seassurance and Witt O’Brien’s will now offer for vessel owners and operators that will reduce overhead expenses, minimize time and resources, and improve overall efficiencies,” said Ken Burris, CEO of Witt O’Brien’s. “To further strengthen and enhance client efficiency, Seassurance will take advantage of Witt O’Brien’s proprietary technology solutions for vessel plan development and updates in the COFR and ICB processes.”
The products and services herein described in this press release are not endorsed by The Maritime Executive.