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EU Position The EU lifted all nuclear related economic and financial sanctions via Council Decision (CFSP) 2016/37 on 16 January 2016.   This adopted the Council Decision (CFSP) 2015/1863 of 18…

The UK position is very similar to the EU position as most of the UK sanctions were implementations of the EU sanctions.   The UK Treasury has stated (as of 16 January 2016) that the major…

Sanction relief is subject to “snap back” provisions in the JCPOA.  This essentially means that if Iran fails to comply with its continuing obligations under the JCPOA the sanctions can be…

Welcome to this third special edition of The Wire, specifically for insurance brokers. The following selection of articles are intended to provide both interesting reading for you and useful…

How long have you worked at ITIC? I have worked in ITIC for just over 9 years having previously worked at the UK P&I Club (part of Thomas Miller), where I was a senior account executive. What…

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…