Built for Marinas  | Professionally Managed  | Industry-Specific Expertise | Focused on Long-Term Stability |
Insurance Wasn't Built for Marina Owners
For years, marina operators have faced rising premiums, unpredictable renewals, and fewer insurance options—despite maintaining safe, well-run facilities. Traditional insurance rewards the carrier when losses stay low, not the businesses that manage risk responsibly.
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It's time for a model that works differently.
A Better Approach to Marina Insurance
Instead of paying premiums into someone else's insurance company, qualified marina owners become members of a professionally managed group captive.
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That means:
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Greater long-term premium stability
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Member-owned underwriting profits
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Marina-specific risk management
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Professional claims administration
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World-class reinsurance protection
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The result is an insurance program designed to benefit the businesses that participate—not outside shareholders.
Predictable Insurance Costs
Reduce unexpected premium increases with a long-term insurance strategy designed to provide greater pricing stability and more consistent renewal costs over time.
Member-Owned Program
Become part of an insurance program where members benefit from underwriting success and help build long-term value through responsible participation.
Industry-Specific Coverage
Receive coverage designed specifically for marina operations, addressing the unique risks and challenges waterfront businesses face every day.
Collaborative Risk Management
Work alongside experienced marina operators committed to safety, best practices, and reducing losses for the benefit of all members.
Professional Program Management
Gain the support of experienced captive managers, claims professionals, actuaries, legal advisors, and trusted reinsurance partners throughout the program.
Long-Term Financial Value
As the captive performs successfully, members have the opportunity to benefit from retained underwriting profits and stronger financial outcomes.
Built Around the Needs of Marina Operators
Evaluate
Every marina is unique, which is why we begin with a comprehensive review of your business. We evaluate your current insurance program, claims history, operational practices, and overall risk profile to determine whether the captive is the right solution for your organization.
Join
Once approved, you'll join a member-owned captive insurance company designed exclusively for marina operators. Your coverage is professionally structured and supported by experienced captive managers, insurance professionals, actuaries, legal advisors, and leading reinsurance partners.
Grow
As members work together to reduce losses and maintain strong operational standards, the captive has the opportunity to retain underwriting profits that would traditionally remain with a commercial insurance carrier. This approach helps create greater premium stability while strengthening the captive for the future.
How It Works
Members are fully insured through a layered insurance structure. The Association is responsible for paying covered claims up to $250,000, providing members with greater control over their program and encouraging proactive risk management. For larger claims, a catastrophic insurance layer provides additional protection, ensuring covered losses above that threshold continue to be paid. This structure combines the stability and security of traditional insurance with the long-term financial advantages of an association-owned program.
Designed for High-Performing Marina Owners
This program is ideal for:
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Independent marina owners
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Multi-location marina operators
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Businesses with strong safety practices
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Operators seeking predictable insurance costs
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Owners frustrated by annual premium increases
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Not every marina will qualify, and that's by design.
Industry Survey
97%
Report Significant Premium Increases
Are You Paying for Losses You Didn't Have?
Source: Marina Age Doc Survey
54%
Reported Zero Claims in the Last 5 Years
Why National Marina Insurance Association?
Group captive insurance has been helping businesses gain greater control over insurance costs for decades. Rather than relying solely on the traditional insurance model, captives allow like-minded businesses to come together in a professionally managed program that rewards responsible risk management and long-term financial stability.
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NMIA brings this proven approach exclusively to the marina industry. Designed around the unique risks of waterfront operations, our program combines experienced captive management, industry-specific expertise, and leading reinsurance partners. Covered claims above the Association's retention are protected by catastrophic insurance, ensuring members remain fully insured.
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Unlike traditional insurance companies that are focused on generating profits for shareholders, NMIA is built to create long-term value for its participating members. By working together to manage risk and maintain strong operational standards, members benefit from greater stability, collaboration, and a program designed with their success in mind.
Traditional Insurance
- Ownership: Carrier-owned
- Profit Sharing: Kept by carrier
- Pricing Basis: Broad market pool
- Price Stability: Market-cycle swings
- Transparency: Limited visibility
- Loss Control: Indirect at best
- Commitment: Annual, easy exit
Group Captive
✓ Ownership: Member-owned
✓ Profit Sharing: Returned to members
✓ Pricing Basis: Your loss history
✓ Price Stability: Generally more stable
✓ Transparency: Full visibility
✓ Loss Control: Directly rewarded
✓ Commitment: Multi- year horizon
Benefits & Comparison
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Potential return of underwriting profit and investment income
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Pricing driven by your own loss experience, not the broader market's
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Greater transparency into how premium dollars are spent
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Coverage and risk services tailored to marina-specific exposures
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A direct ownership stake and vote in program governance
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A catastrophic insurance layer protects covered claims above the Association's retention, ensuring members remain fully insured
- Founder
Meet Dana Swing
Dana Swing holds Master's degrees in Finance and Economics and brings over a decade of commercial lending experience to the marina industry. Through that work, she saw firsthand the financial perils marina owners face — and recognized a proven solution that other industries have used for decades to protect themselves: group captive insurance.
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Now, as Executive Director of the National Marina Insurance Association (NMIA), Dana is bringing that model to marinas for the first time — giving owners the same collective strength, shared risk, and long-term stability that other industries have relied on for years.
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Join Dana and hundreds of other top-performing marinas forging a new path forward in marina risk coverage. The change the industry needs already exists — it's time to bring it home.
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Phone - (855) 926-0720​
Email - Dana@marinacaptive.com