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ITIC Insight podcast


Guidelines for marine surveyors when drafting reports

Chloe Townley, Senior Account Executive at ITIC, has an insightful conversation with Lucy Goff, a Senior Associate in the LA Marine team at Lester Aldridge. Lucy shares valuable guidance on what marine surveyors need to consider while drafting their reports.   Lucy suggests that for writing damage or investigation reports, surveyors should gather ample information and store related documentation securely. Also, note all sources while drafting reports and remain impartial to your reported findings, as it is crucial should there be any future legal disputes.


The importance of co-assurance for ship managers

Ayşegül Wallis, Account Executive at ITIC, spoke with Ester Toumpouris, Partner at Ince in Cyprus, about the “Ocean Victory” Bulk Carrier, which lost steerage and subsequently grounded. The crew were safely evacuated from the vessel before she broke apart. This was followed by the court case in 2006 regarding a breach of the safe port obligation warranty. Even though The Ocean Victory is a case concerning safe port obligation, the Supreme Court thought that the co-assurance clause is equally essential. Due to the co-assurance provisions, the subrogated insurers were not entitled to claim against the demise charterer. In this episode, Ester sheds light on co-assurance and the relevant BIMCO co-assurance clause.


Marine Surveyors in Australia

This episode of ITIC Insight focuses on marine surveyors based in Australia. Robert Sniffen, Underwriting Director at ITIC, speaks with Chris Sacré, Partner at Hall & Wilcox in Sydney, Australia. ITIC has handled many marine surveying claims over the years and is offering a guide on what surveyors should look for to ensure terms and conditions are correctly worded. In this episode, ITIC concentrates on Australian jurisdiction and surveyors. Chris provides insight into which main clauses and conditions an Australian marine surveyor should always include in contracts and how to identify any shortfalls.  

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