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The following 5 golden rules are drawn from ITIC’s experience of defending surveyors and consultants. The further articles in this Wire provide you with claims examples of these situations:  1)…

Surveyors rarely receive instructions from their actual client. Instructions are received by insurance brokers, P&I claim handlers, lawyers or managers on behalf of their client. Sometimes, as…

The dangers of assumption A large construction firm was undertaking building works on an island. In order to construct part of the project, a large crane was needed to be shipped by barge from the…

Liability of a marine surveyor A marine surveyor received a telephone call from a marine insurance broker requesting the survey and valuation of a 17 year old yacht for insurance purposes. He was…

Standard Terms and Conditions for Marine Surveyors and Consultants ITIC has published a set of standard terms for general interest of members of ITIC that can be found here. Almost all cargo…

Shippers of a cargo of wheat instructed a marine surveyor to survey and certify the holds of a bulk carrier as fit for loading.  The surveyor issued a certificate of fitness to load and…

An innocent surveyor has to pay A surveyor in Australia was appointed by a bank. The instructions provided to the surveyor were clear. They were to confirm the value of the vessel being built at a…

The press coverage on the use of UAV (unmanned aircraft vehicles, commonly called drones) in the last 5 years has been significant. Drones have immediately proved of use in reducing the risks…

Welcome to  the fourth edition of The Wire which has been produced exclusively for insurance brokers.  “As a mutual insurer ITIC is here to support all members and insurance brokers. If…

Despite the uncertainty in relation to the global economy, we are pleased to report that the Directors of ITIC have once again agreed to support the members by awarding a continuity credit to each…