Brisbane-based broker Network Insurance Group has created a marine division aimed at strengthening its presence in the market.

The Steadfast-backed broker says Network Marine will “specifically” service the industry segment.

“Marine’s formal partnerships with numerous industry bodies and associations positions the team strongly to assist with the protection of marine businesses, livelihoods, and lifestyles,” the business says.

“The establishment of Network Marine reflects our commitment and understanding of the broad cross section of occupations that exist with the marine industry.

“These can be highly complex risks that our experienced team are well equipped to provide our clients with tailored insurance products and programs.”