If you know what "bumbershoot" is, you're ahead of the curve.

If not, a little background in the difference between Inland Marine and Ocean Marine coverage might be in order, before examining the state of both markets and whether producers might seek to do more business in them.

While it's tempting to simply refer to Inland Marine as insurance solutions for anything transported across brown water and Ocean Marine as coverage for that which moves over blue water, the truth is, these two types of cover are far more complicated.

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Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].

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