Our name Novamar stems from a Latin derivative meaning "New" to highlight our new client focused direction and "Sea or Ocean," to pay homage to our valued marine background. Today our Novamar team’s experience is unmatched in the industry. It combines extensive insurance expertise together with substantial offshore & sea-time experience. This important combination means our clients receive more knowledgeable oversight of their marine insurance exposures. This experience translates into identifying coverage gaps and risk factors and providing insurance solutions to keep Novamar clients better insured. Our team is also empowered by insurance company underwriters to make decisions at the local level to provide faster service to our clients. The entire Novamar team is excited about our client focused direction and the future opportunities of Novamar.
1983 Craig Chamberlain (now Novamar President) enters the Marine Insurance Business.
1987 Under Craig’s direction his prior company expands into Seattle, which becomes a separate corporation (and 25 years later, renamed Novamar).
1988 Craig becomes Vice President in charge of operations. By 1998, Craig is a 50% owner of the California Corporation, and the sole owner of the Washington Corporation.
2001 Craig hires Jerry Norman, a long-time marine industry professional, to open the Florida office as GM of the U.S. Southeast Region.
2005 To fill a gap in the market, Craig creates a premier high performance racing sailboat program with Commonwealth Insurance Company. Commonwealth security was replaced by Markel American Insurance Company in 2008.
2006 Craig and other key staff members create the proprietary insurance program Mariners Odyssey in partnership using Lloyds of London security.
2006 Craig researches sites to locate a new company in Mexico.
2007 Craig and Jerry Norman travel to Lloyd’s of London to further solidify and expand the growing & successful cruising program.
2008 Puerto Vallarta is chosen as the office location for the new Mexico company, MGI Agente de Seguros, S.A. de C.V. created to provide local service and create insurance products for the underserved and growing ex-pat market in Mexico.
2009 Roberto Castellanos, a 25 year Insurance Professional in both the U.S. and Mexico, is hired and becomes Managing Director of MGI.
2010 A full time IT staff is hired in Mexico to assist growing IT needs.
2012 - 2014 Novamar Insurance Mexico launches proprietary insurance programs for Beachfront Properties, Mexico Boat Liability, Medical Tourism, Tourist Auto, Home/Condo, HOA, D & O, Commercial Lines Products, and Travel Medical. The programs are placed with the best and financially sound insurance companies in Mexico. All products were created to fill underserved areas of the market for ex-pats residing in Mexico or people visiting Mexico.
May 2014 Teri Chamberlain joins the Novamar California Team.
September 2014 Novamar secures an additional new and very select insurance company appointment for higher valued yachts.
November 2014 Launch of the updated Novamar Insurance Mexico website. Adding functionality and convenience for clients to quote/purchase/download six different insurance products in real time 24/7 at www.novamarinsurance.com.mx.
March 2016 Launch of the new highly automated proprietary Novamar Yacht Program (NYP) for yachts between $50,000 and $10,000,000 in hull value.
June 2016 Novamar opens second office in Mexico in Playa del Carmen
August 2016 Novamar opens an office in San Diego, CA
Former owners, managers and key staff members now with Novamar make up 4 Novamar offices across the U.S. and Mexico. They are: