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We would like to thank all insurance brokers who took part in the member and broker survey for ITIC in early 2016. The feedback we gained, from both members and insurance brokers, was extremely…

ITIC hosted a drinks reception, in London on Thursday 19th May, for all insurance brokers as a “thank you”. This annual event is always well attended.This year we will be hosting a series of…

ITIC is providing a continuity credit to all those members who renew their insurance cover during the 2016 policy year, which begins on June 1, 2016. This is the 21st year of ITIC’s continuity…

ITIC provides professional indemnity (PI) insurance to marine professionals for claims which are brought against them due to losses suffered by their customers or other third parties as a result of…

Duncan is a senior underwriter and claims handler, responsible for ITIC’s members based in the Middle East, Indian Subcontinent and the North East of England. In addition, Duncan is responsible for…

A marine surveyor in Germany was engaged by charterers to attend the loading of a cargo and report on any damage caused by the stevedores. The subsequent emailed instructions contained (in…

ITIC has reported a case in which hull and machinery insurance underwriters commenced proceedings against a marine consultancy firm for alleged negligence in failing to properly review shipyard…

A marine surveyor was appointed by the owners of a ship that had been involved in a major casualty which had involved significant loss of life. There were potential criminal charges arising out of…

Often ITIC’s surveying members are asked by ship owners, with whom they have no contract, to sign an indemnity, disclaimer, waiver or release in favour of the ship owner, before they are granted…

Chapter 11 is typically used to reorganize a business, which may be a corporation, sole proprietorship, or partnership... Unless the court orders otherwise, the debtor must file with the court: (1)…