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ITIC is often asked by ship managers to comment on the wording of a “ship manager undertaking” or “letter of undertaking” (LOU) which they have been asked to sign. This is a situation which has

ITIC is increasingly asked to comment on confidentiality agreements, sometimes known as nondisclosure agreements. The use of confidentiality agreements has always been common when parties are

Cybercrime unfortunately continues to be a hot topic, with businesses and individuals at risk of becoming potential targets of digital fraud. Any business or individual using electronic communication

These are ten golden rules drawn from ITIC’s experience of defending experts: 1) A lot of appointments are casual. If you are a professional then you should have terms and conditions. ITIC has

ITIC held their board meeting in Fremantle, Western Australia on 17th March. After the board had met ITIC hosted a maritime cluster event for ITIC members along with members from Thomas Miller clubs,

Stability The financial statements in this year’s publication show a 2% top line growth in the size of ITIC together with a rise in operating surplus of US$4.45m. In what are described, by many

A conference for P&I Club correspondents was held in Bristol in September 2001. Among the many subjects discussed over the two days, the following was thought to be an interesting range of views

New business We are now seeing a variety of transport professionals as members, particularly from the offshore and aviation industries. The 2014 ITIC underwriting year has been extremely positive.

The graph shows the number of claims reported to ITIC in policy years 2004 - 2011. The ITIC policy year runs from 1st June and so the 2011 policy year covers the period from 1st June 2011 to 31st May

The number of indemnity claims reported during the 2015 policy year (1st June 2015 to 31st May 2016) was at the same level as in the previous year. After 12 months’ development the amounts paid and