Rules & policy wordings

Rule Book

The 2023 Rules will apply to any policy of insurance which commences, or renews after 1st June 2023. Any policy incepting prior to 1st June 2023 will be subject to the 2022 Rules. For a full comparison of the rule changes please download the comparison PDF below. Please contact us if you require any clarification.

Translations of ITIC's Rule Book are for information purposes only and no reliance should be placed upon them for the purposes of any insurance provided by ITIC. In case of any discrepancy between the translation and the English text, the English text will prevail.

2023 Rules

Download the 2023 Rules

Download the Chinese translation

Download the French translation

Download the German translation

Download the Spanish translation

Here are the 2023 Rules of ITIC. They are designed to be used as an electronic document and if you are viewing the interactive pdf and you click on a link (blue text and underlined) you can go back to your previous position in the document in two ways*:

Option 1 
Alt / left arrow will take you back to the previous view

Option 2
Right click when your cursor is on the tool banner and click Show Page Navigation Tools and tick Previous View the back button will appear in the tool bar

*Please note: in order to be able to navigate ITIC's Rules 2023 in this manner you must have downloaded a copy of the Rules.

2023 ITIC Europe Rules

Download the 2023 ITIC Europe Rules

The Rules form the basis of members' policies of insurance with ITIICE.

ITIC has established a subsidiary operation in Cyprus through which to underwrite its EEA business. That company, International Transport Intermediaries Insurance Company (Europe) Ltd, ITIICE, was incorporated in Cyprus on 11 September 2023.

Difference between ITIC Rules and ITIICE Rules

Please note the ITIICE Rules 2023 are completely based on the ITIC Rules 2023 and are intended to offer those insured by ITIICE the exact same level of cover to which members of ITIC have always benefited. ITIICE is a wholly owned subsidiary of ITIC and therefore logical amendments have been made to the ITIC Rules reflecting the new arrangement, to create the new ITIICE Rules. The following is a high level summary of the changes that have been made:

  1. Where necessary references to Club are changed to mean ITIICE instead of ITIC;
  2. “Articles of Association” now mean the Articles of ITIICE. ITIC’s Articles are “the ITIC Articles”;
  3. “The Rules” mean the ITIICE Rules and ITIC’s Rules are defined as “the ITIC Rules”.  
  4. The concept of “corporate membership” of ITIC has been introduced so that entities insured by ITIICE are also corporate members of ITIC; 
  5. Part 8 “Cesser of Insurance” now additionally includes cesser of corporate membership;
  6. References to “Directors” mean the Directors of the Club (ITIICE);
  7. The address for service has changed from ITIC’s London address to ITIICE’s Cyprus address.

If your/your client’s current ITIC policy is subject to an earlier version of the ITIC Rules than the 2023 version, you/they are encouraged to review the 2023 Rule Amendment Explanation document here or the 2022 Rule Amendment Explanation document here.

If you or your client have any questions about these changes please ask your usual ITIC contact.

2022 Rules

Download the 2022 Rules

Download the German translation

Download the Chinese translation

Download the French translation

Download the Spanish translation

Here are the 2022 Rules of ITIC. They are designed to be used as an electronic document and if you are viewing the interactive pdf and you click on a link (blue text and underlined) you can go back to your previous position in the document in two ways*:

Option 1 
Alt / left arrow will take you back to the previous view

Option 2
Right click when your cursor is on the tool banner and click Show Page Navigation Tools and tick Previous View the back button will appear in the tool bar

*Please note: in order to be able to navigate ITIC's Rules 2022 in this manner you must have downloaded a copy of the Rules.

2022 Rules amendment explanation

Download the 2022 Rules amendment explanation

Download the Chinese translation

As a result of the Russia-Ukraine conflict the ITIC board of directors have reviewed the provisions within the ITIC rules regarding both sanctions and the ability to terminate a member’s entry with ITIC.

ITIC’s current Rule 13.32 provides that there would be no cover if ITIC is at risk of breaching the sanctions described in that rule, which are limited to the EU, UK and USA. A number of other countries have their own sanctions regimes. Accordingly, it was felt that the sanctions clause needed to be widened. There is a further widening of Rule 13.32 to allow ITIC to suspend or terminate cover if ITIC is exposed to or at risk of being exposed to sanctions, prohibitions or adverse actions.  In addition it was felt that new provisions should be included within the ITIC Rules which would allow ITIC to suspend or terminate cover in the event that a situation arises which the Directors believe could cause reputational damage to ITIC.  Finally, a new automatic cesser of insurance has been added if a member becomes subject to sanctions, prohibitions or restrictions of the UK, USA, EU or UN. Details have been provided in the above ITIC Rules amendment explanation document.

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