Although the origins of insurance are shrouded in antiquity, most historians agree that the first form of insurance was a type of marine coverage that was written for Chinese merchants in 3000 BC. Today, Britt/Paulk Insurance Agency Inc, an MGA based in Carrollton, GA, is one of the intermediaries that has taken it upon itself to put together companies that are willing to assume the risk with owners of boats, ships and yachts desiring to transfer risk of loss. The Marine & Yacht division, which is handled out of the Stuart, FL, office, handles coverages for most types of watercraft and companies that work in and around water. Products available include boat dealers, cargo, commercial watercraft, high-performance watercraft, marinas, marine construction, marine tradesmen, miscellaneous vessels, pleasure craft, watercraft rental, and vessel manufacturing. Britt/Paulk represents a number of admitted and nonadmitted companies rated A- or better for its marine and yacht coverages.