Oversea Insurance Agency

What Oversea Insurance Agency does

Oversea Insurance Agency (doing business as Oversea Yacht Insurance) is a specialized marine insurance brokerage division of EPIC Insurance Brokers & Consultants, whose legal entity is Edgewood Partners Insurance Center. Founded in 1978 and headquartered in San Diego, the company provides yacht and commercial marine insurance brokerage services for vessels ranging from 30 to 300 feet, including motor yachts, high-performance boats, catamarans, superyachts, vintage vessels, and commercial charter operations. Its core product portfolio spans Oversea Yacht Insurance, Protection & Indemnity (P&I), Specialty Marine Policies, Commercial Charter coverage, Yacht Clubs coverage, Dealerships & Manufacturers coverage, and Shipyards/Marinas coverage delivered through the Marine Artisan Program (MAP), supplemented by a 24/7 Claims Advocacy service.

The business operates on a commission-based brokerage model, monetizing via annual subscription-style insurance policies that are quote-priced based on vessel type, value, age, and location. Distribution is sales-led, delivered through marine specialist advisors located across 7 U.S. coastal and inland offices (San Diego, Fort Lauderdale, Destin, Nashville, Newport, Old Saybrook, New Rochelle) and an online contact channel. The company sells to individual yacht owners, commercial charter operators, yacht clubs, boat dealerships and manufacturers, shipyards, marinas, and boat storage facilities. Its stated competitive foundation is a team of practicing boaters with over 150 years of combined marine insurance experience, combined with an extensive network of underwriters, claims professionals, and global carrier relationships that the company relies on to deliver tailored, non-recycled risk management programs.

Name

Oversea Insurance Agency

Legal name

Edgewood Partners Insurance Center

Website

https://overseainsurance.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

Oversea Insurance Agency (DBA: Oversea Yacht Insurance) is a marine insurance brokerage division of EPIC Insurance Brokers, providing yacht and commercial marine coverage for vessels 30 to 300 feet. It serves individual owners, charter operators, yacht clubs, dealerships, and marinas across 7 U.S. locations.

Ownership category

akta.pro rank

Product category

Marine Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ)

akta.pro secondary industries

Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH), Ocean Marine Insurance (Hull, Cargo & Freight) (FSAJAHAA)

Keywords

• Yacht insurance brokerage
• Marine insurance coverage
• Protection and Indemnity
• Commercial marine insurance
• Specialty marine policies

Headquarters

HQ city

San Diego

HQ country

United States

HQ region

North America

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Insurance Brokerage Services: Commission-based insurance brokerage providing marine insurance products including yacht coverage, P&I insurance, specialty marine policies, and commercial marine coverage. Services individual yacht owners, yacht clubs, boat dealerships, manufacturers, and marine businesses.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Oversea Insurance Agency is a marine insurance brokerage operating as a division of EPIC Insurance Brokers & Consultants (Edgewood Partners Insurance Center). Founded in 1978 and headquartered in San Diego, California, the agency places yacht, superyacht, and commercial marine insurance with carrier partners on behalf of individual owners and marine businesses. It maintains seven U.S. offices and leverages 150+ years of combined marine insurance experience across its team.

Product overview

Oversea Insurance Agency (a division of EPIC Insurance Brokers & Consultants) offers a comprehensive marine insurance platform centered on the Oversea Yacht Insurance product. The portfolio includes specialized coverage options including Protection & Indemnity (P&I) Insurance, Specialty Marine Policies, and various commercial marine offerings for yacht clubs, boat dealerships, manufacturers, shipyards, and marinas. The Marine Artisan Program (MAP) provides custom solutions for boat storage and marina businesses. A dedicated Claims Advocacy and Support service offers 24/7 assistance throughout the claims process. The company operates from marine specialist locations across the United States including San Diego, CA, Fort Lauderdale, FL, Destin, FL, Nashville, TN, Newport, RI, Old Saybrook, CT, and New Rochelle, NY.

Differentiator

Problem solved

Functional benefit

Brands

• Oversea Yacht: Specialized yacht and marine insurance division providing comprehensive risk management solutions for domestic and international yacht coverage, including motor yachts, super yachts, high-performance boats, catamarans, and commercial marine vessels.

Products and services

• Oversea Yacht Insurance Marine insurance product line covering recreational yachts and superyachts, including hull, liability, and related coverages tailored to private vessel owners.
• Protection & Indemnity (P&I) Insurance Coverage that protects yacht and commercial vessel owners against third-party liability, crew-related claims, and other indemnity exposures not typically included in standard hull policies.
• Specialty Marine Policies Tailored marine insurance solutions designed for non-standard or higher-risk exposures within the recreational and commercial marine space.
• Commercial Marine Insurance (Recreational and Commercial Charter) Insurance programs for commercial charter operators and other for-hire marine businesses, covering vessels, passengers, and operations under commercial use.
• Yacht Clubs Coverage Insurance program designed specifically for yacht clubs and their member activities, facilities, and operations.
• Boat Dealerships & Manufacturers Insurance Coverage program addressing the unique exposures of boat dealers and manufacturers, including inventory, demonstration, and product liability.
• Marine Artisan Program (MAP) Specialty coverage for shipyards, marinas, and boat storage operators, addressing marine artisan and waterfront business exposures.
• Claims Advocacy and Support Service that guides clients through the marine insurance claims process, coordinating with carriers and providing specialist support for yacht and marine losses.

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators2 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• Acrisure: Rapidly growing insurance brokerage rollup with marine and personal lines capabilities, often acquiring specialty marine books. Relevant as both a competitor and a potential acquirer of specialty marine brokerages like Oversea.
• Aon (Marine Practice): Global insurance and reinsurance broker with a dedicated marine practice covering yacht, hull, P&I, and cargo. Adjacent incumbent with substantially greater scale and global carrier access.
• Hub International (Marine & Yacht): Large North American brokerage with marine and yacht specialty practices serving recreational and commercial marine clients — competes for the same customer base as Oversea but with broader product breadth.
• Marsh (Marine Practice): Global insurance brokerage with a substantial marine and yacht practice serving superyacht and commercial marine accounts. Competes with Oversea on large and complex placements but offers marine as one of many lines.

Direct peers

• Gowrie Group: Insurance brokerage with a dedicated marine and yacht practice serving HNW yacht owners and superyacht clients with personalized coverage and claims advocacy, closely mirroring Oversea's high-touch service model.
• RPS (Risk Placement Services) Marine: Specialty wholesale brokerage with a marine practice covering yachts, P&I, hull, and cargo. Competes with Oversea for placement of complex marine risks through wholesale and retail broker relationships.
• Brown & Riding Insurance Services: Specialty wholesale brokerage with marine, P&I, and yacht expertise, placing complex and non-standard marine risks through retail brokers. Overlaps with Oversea's specialty marine placement business.
• Sterling-Thompson Company: Long-standing marine insurance specialist brokerage focused on yacht and commercial marine coverage, with deep carrier relationships and claims advocacy services — directly comparable to Oversea's yacht and commercial marine placement business.
• Heffernan Insurance Brokers - Marine Practice: Mid-market commercial insurance brokerage with a marine and yacht specialty practice serving yacht owners, marinas, and marine businesses — overlapping with Oversea's customer segments.
• Marcon International Risk Solutions: Boutique marine insurance brokerage focused on yacht, commercial marine, and P&I placements, with strong carrier relationships in specialty marine markets — a direct niche competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/overseayachts
• YouTubeyoutube.com/@EPICBrokers
• Facebookfacebook.com/EPICInsuranceBrokersAndConsultants
• LinkedInlinkedin.com/company/epicinsurancebrokers
• Instagraminstagram.com/epic_brokers_consultants

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oversea Insurance Agency