Suntex Marinas has signed an exclusive insurance deal with NFP, an Aon company, covering boat and yacht owners across its US marina network. The company announced the partnership June 16.
Under the arrangement, NFP will act as the sole broker for the new insurance program. Coverage options come from multiple specialty marine insurers, with policies structured around vessel type and usage patterns.
The program operates through a digital quoting platform with live specialist support. Suntex is rolling it out in phases across its marina network.
Bert Fowles, vice president of brand and marketing at Suntex Marinas, said the program gives customers a single entry point for boat insurance. The program runs on a multi-carrier model.
Tom Gresh, yacht practice leader at NFP, said the firm adjusts marine coverage over time. That reflects changes in how boat owners use their vessels.
The Suntex deal fits NFP’s current direction within Aon. In April 2026, Aon agreed to sell the majority of NFP’s wealth management business to private equity firm Madison Dearborn Partners for approximately $2.7 billion. That transaction left NFP focused on property and casualty insurance and specialty lines.
Suntex operates more than 100 marinas across the US. The program will be accessible through marina websites, digital channels, and on-site touchpoints.
The Suntex program follows a move by Chubb in March 2026. Chubb struck an exclusive deal with Safe Harbor Marinas, giving members at more than 150 locations access to its Masterpiece Select Recreational Marine Insurance product.
The Safe Harbor program targeted boat and yacht owners who need broader protection than standard recreational marine policies provide. The two deals point to a pattern of large marina operators signing exclusive insurance arrangements with specialist brokers.
Both partnerships are taking shape as the recreational marine insurance market shifts in buyers’ favor. The hull and machinery segment entered a softening phase in 2025, with growing insurer competition giving buyers more leverage, according to Gallagher Specialty.
The firm flagged a risk that if carriers chase volume at the same time, the market could face broader pricing instability.
The Suntex rollout will expand across the network over time as additional marinas come online.
