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Terms and conditions

Terms and conditions

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…

13 minutes late

13 minutes late

The cargo manifests were inputted onto a port system 13 minutes past the deadline for 200 containers. As a result, when the ship arrived into port, the port did not know where to direct the…

Chloe Townley profile

Chloe Townley profile

Chloe Townley is your account executive for Argentina and Uruguay, who handles both underwriting enquiries and claims. Chloe joined ITIC as a Senior Account Executive in November 2022 after starting…

Introduction

Introduction

Welcome to this edition of The Wire, which has been produced especially for members based in Argentina and Uruguay. This edition includes an introduction to your account executive, Chloe Townley, a…

Facts and figures

1900 membersWorldwide insurance coverUS$ 50 million gross premiumUS$ 78 million free reservesUS$ 67 million dividends paid to members over the last 17 yearsUS$ 25,000 average premiumUS$ 130 million…

2012 Chairman’s Statement

ITIC has increased its premium income and continues to retain approximately 95% of its members at renewal each year 2012 Chairman’s Statement Dear Members, Harry Gilbert has been on the Club’s…

Underwriting commentary

Underwriting commentary

Compensation Culture We all sense, in our day to day lives, the growing compensation culture in society; the perception that those who feel wronged will, increasingly, seek financial compensation…

Claims commentary

Claims commentary

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…

Sales and marketing commentary

Oceanology 2012 ITIC exhibited at London’s ExCel Centre at Oceanology 2012, the “world’s premier meeting place for the marine science and ocean technology community”. The exhibition is every two…

Additional insurances available from ITIC

Please contact your insurance broker or your ITIC underwriter if you would like to receive a quotation for any of these products. More detailed information is available at www.ITIC-insure.com In…