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On thin ice

A shipbroker received a claim from owners for ice dues and winter surcharge on towage at a Baltic port to be passed on to the charterers. The claim was sent to the charterers using an “opsclaims”…

Seeing double

ITIC insured a naval architect who was contracted to design two superyachts for two different owners, both to be built at the same yard. Each owner was under the belief that they were to get a unique…

Final destination disaster

Upon request from cargo owners, a ship agent was asked to change the final destination on four bills of lading from Hong Kong to Singapore. The agent updated the information in the owner’s software…

ITIC Insight - the professional indemnity podcast for transport professionals

ITIC Insight is the brand new podcast series where we will be discussing the important issues and challenges facing transport and insurance professionals across the world, whilst offering loss…

Ask the Editor

We keep being asked to sign Non-Disclosure Agreements (NDA) by clients and potential clients. If we sign these do we prejudice our insurance cover? Many thanks for this interesting question. As…

Q&A with Tom Irving

Tom Irving, director and general manager of ITIC, sits down to chat with the Claims Review editor for the third in a regular interview series, where we get to know ITIC’s claims handlers. In this…

Welcome to the October edition of the Claims Review

Welcome to the October edition of the Claims Review

Hopefully many of you are beginning to get back to your office and life is becoming a bit more normal again. ITIC successfully hosted an almost complete board meeting (two directors joined the…

Size matters

Size matters

A ship agent was informed by one of their LNG clients that they should have benefited from a quantity discount on pilotage tariffs available at the port for which the agent had erroneously not…

Something fishy happening

Something fishy happening

A broker negotiated the sale of a fishing vessel. A Memorandum of Agreement (“MOA”) was signed between the buyers and sellers which included a clause providing that the broker would be paid 2% of the…

Q&A with Geraldine Koon

Q&A with Geraldine Koon

Geraldine is the newest member of the ITIC team, joining as a senior claims executive in August 2021. In this interview Geraldine sits down to chat with the Claims Review editor, where she outlines…