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The following table examines how a professional liability policy could respond to the liabilities of the assured in various common situations. It considers both the likely response of the…

Physical risks such as damage to aircraft, injury to passengers or loss arising from an operational incident are widely regarded as the core identity of aviation insurance. Less visible, but equally…

Artificial Intelligence (AI) usage is becoming increasingly prevalent in the aviation insurance market. Following ITIC’s recent attendance at the Aviation Insurance Association (AIA) conference in…

A mismatch in contract terms has led to a US$110,000 settlement against a shipbroker, highlighting the risks brokers face when fixtures are not clearly aligned on a back-to-back basis when fixing…

An air charter broker was engaged by a freight forwarder to arrange the transport of cargo. In preparing the quote, the broker based the pricing and aircraft selection on the total volume capacity of…

An Approved Training Organisation (ATO), who was insured by ITIC, specialised in type rating training for commercial pilots. They were contracted by a business jet fleet manager to provide training…

Ship managers are facing increasing litigation risks that are linked to inherited ship conditions, highlighted after a recent incident in which claims exceeding US$2.5 million were brought against a…

ITIC’s Maggie Hui Li advises brokers to not view time bars in isolation Time bars are a perennial problem for brokers and agents. It is very important to have a proper system in place to note what…

International Transport Intermediaries Club (ITIC) has confirmed its continuity credits for the 2026 policy year will match the levels awarded to members in 2025, extending an unbroken 32-year run of…

ITIC circular Wednesday 6th May 2026 Chinese Maritime Code 2026 – Key points for ship agents (In force 1 May 2026) The revised Chinese Maritime Code 2026 (CMC 2026) introduces mandatory and…