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2019 Chairman's statement

Dear members I would like to offer my thanks to Peter French for his hard work as the ITIC Chairman from 2012 until he retired in March 2019. It is my pleasure to be the new Chairman of…

Finances

To view the information contained in the Financial Highlights pages of the Year Book please click here.

Underwriting report

ITIC’s target for new premium income in the 2018 year (the period 1st June 2018 – 31st May 2019) was set at US$ 2.75m. We are pleased to report that the actual new premium gained for the year was US$…

Claims commentary

The number of indemnity claims reported during the 2018 policy year (1st June 2018 to 31st May 2019) was approximately 5% higher than reported in the previous year but the total is consistent with…

ITIC & Brexit

ITIC is now writing EU policies via a fronting arrangement. In April 2019 we set out the arrangements that were being made to ensure that ITIC could continue to provide its cover in the EU once…

Things shipbrokers need to watch out for when arranging fixtures

Things shipbrokers need to watch out for when arranging fixtures

The M/T Unfortunate set out on a voyage that was littered with delays, setbacks and issues. Join ITIC’s Aysegul Wallis and Antonios Vyrgiotis for this webinar, to find out how a…

Shipbrokers’ simple slips

Shipbrokers’ simple slips

The most commonly seen shipbroking claims, presented by Andrew Jamieson, ITIC claims director, and Mark Brattman, ITIC legal advisor. Topics include: mistakes shipbrokers make, the…

Virtual robbery – an ITIC cyber fraud webinar

Virtual robbery – an ITIC cyber fraud webinar

Sadly anyone, or any business, can become the victim of a cyberattack or fraud. During this webinar, ITIC’s Robert Hodge and Christopher Crane from Ince discuss the mechanics…

Arresting developments - debt recovery: Do you have a right to arrest for unpaid commission or disbursements?

Arresting developments - debt recovery: Do you have a right to arrest for unpaid commission or disbursements?

ITIC’s Mark Brattman discusses ship arrest in the Netherlands, the Middle East and the USA with George Chalos of Chalos & Co, Mohamed El Hawawy of Ince & Co Middle…

Arresting developments part II - debt recovery: Do you have a right to arrest for unpaid commission or disbursements?

Arresting developments part II - debt recovery: Do you have a right to arrest for unpaid commission or disbursements?

This is the second webinar in our hugely popular ship arrest series. Join ITIC's Fiona Reynolds, Tan Siew Chi of Ang & Partners, Tony Edwards of Shepstone & Wylie Attorneys…