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Boater’s Insurance Agency, Inc. (BIA) - Company Research Report

Company Overview

Name

Boater’s Insurance Agency, Inc. (BIA)

Mission of the Company

To forge strong relationships with marine insurance companies to develop innovative and specialized products and coverages, and to provide superior customer service and knowledge of the marine industry while advocating for clients.

Founded

1989

Founders

No information is available

Key People

No information is available

Headquarters

1220 Concord Ave, Suite 350, Concord, CA, 94520, San Francisco Bay Area

Number of Employees

No information is available

Revenue of the Company

No information is available

What is the Company Known For

Boater’s Insurance Agency is known for providing specialized marine insurance products and services, superior customer service, and strong partnerships with boat and yacht dealers, prestigious boat manufacturers, marinas, harbormasters, marine surveyors, repair yards, and professional waterski/wakeboard athletes and bass anglers.

Products

Overview

Boater’s Insurance Agency offers a variety of insurance programs to meet the coverage needs of different marine vessels.

Personal Marine Insurance

Product: Personal Boat Insurance

High-Level Description: Provides specialized insurance coverage tailored for various personal boats.

Key Features: Custom policies managed by a marine specialty agent.

Product: Personal Watercraft Insurance

High-Level Description: Insurance coverage specifically designed for personal watercraft such as jet skis.

Key Features: Comprehensive coverage options designed for personal watercraft.

Dealer Services

Product: Dealer Insurance

High-Level Description: Insurance services tailored for boat and yacht dealers to offer their customers.

Key Features: Customized solutions and partnership with numerous dealers across the country.

Recent Developments

Recent Developments in the Company

Acquisition of Twin Rivers Marine Insurance: In early 2023, Twin Rivers Marine Insurance, a well-known agency providing boat and yacht insurance predominantly on the West Coast, joined the BIA group. This acquisition aims to further expand BIA’s reach and capabilities in providing outstanding coverage options to mariners in the Pacific region.

New Products Launched

No information is available

New Features Added to Existing Products

No information is available

New Partnerships

Partnerships: BIA works closely with many boat and yacht dealers throughout the country, is endorsed by prestigious boat manufacturers, and collaborates with a number of marinas, harbormasters, marine surveyors, and repair yards. Additionally, BIA serves as a primary insurance source for waterski/wakeboard associations, professional waterski/wakeboard athletes, and top professional bass anglers.