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A naval architect was contacted by a company to design a yacht for a race. The yacht was built and sailed over 10,000 miles without fault. However, when the yacht was lifted from the water, several

Directors’ & Officers’ insurance (D&O) is a personal insurance purchased by the employer for the benefit of its directors and officers. ITIC’s D&O product protects both individual

A ship agent in Australia was responsible for passing instructions to the Master of a bulk carrier received from both the ship owners and the shippers regarding the quantity of coal to be loaded for

The employee of a ship agent created false payment documents in respect of a genuine supplier to the agent. The employee provided all the necessary (false) documentation (including falsified

Here at ITIC we are often asked about a shipbroker’s right to claim commission. There are three common scenarios, other than where the owner and/or charterer refuses to pay a shipbroker’s undisputed

Health and safety in the workplace, statutory accounting and tax provision, compliance with governmental and regulatory authority requirements; in the modern business world, more and more

D&O insurance responds to claims brought against individual directors and officers by shareholders of the company. Claims from shareholders often follow a poorer than expected financial

A naval architect was contracted to design a yacht for a race.  The yacht was built and sailed over 10,000 miles without difficulties. However, when the yacht was lifted from the water, several

ITIC always emphasises the importance of using a suitable contract to ensure your position is clear and protected. This includes using a set of terms and conditions which are correctly

A liner agent Member in the UK received two separate requests from the same glass manufacturer for opentop containers to be positioned at their premises for loading with high-tech glass and