Authored articles
28/06/2023
Ship manager’s liability for crew negligence
In this episode of ITIC Insight, Ayşegül Wallis, Account Executive at ITIC, spoke with Ester Toumpouris, Partner at the international legal and professional services firm Ince in Cyprus, regarding the BIMCO "Shipman" contract. Considering the BIMCO Shipman and Crewman contracts, Ester provides information regarding the manager's liability for crew negligence. The contract is widely used and also recommended by ITIC as a balanced contract between the interests of the manager and the shipowner. Ester gives insight into claims made against ship and crew managers that have arisen purely from the crew's negligence. However, Ester says, P&I or hull insurers should cover claims arising from crew negligence. They are not the responsibility of the supplier of the crew, namely the ship or crew manager. If an error (by a fully certified and qualified chief engineer) causes damage to a main engine, the claim should fall against the hull and machinery underwriters. The fact that the chief engineer made a mistake does not mean the ship or crew manager had been negligent. The manager is exempt from any crew negligence even if their actions were negligent unless the manager is negligent in supplying the crew.
19/06/2023
Press release: ITIC alerts industry to costs of bill of lading errors
The International Transport Intermediaries Club (ITIC) has urged shipowners, charterers and brokers to be vigilant in reviewing bills of lading (BoL) for potential errors or oversights.
14/06/2023
Property Cover - Lightning Strike and Business Interruption
Lightning can have a devastating effect on business if buildings are struck. Make sure you are covered for Business Interruption.
14/06/2023
ITIC Claims Review 48
In this episode of ITIC Insight, ITIC's Marketing Director, Emma Leworthy, interviews Claims Director Mark Brattman regarding recent claims published in the Claims Review, of which Mark is also the Editor. The Claims Review is a series of case studies that have been paid by ITIC or where assistance has been rendered. Mark provides invaluable insight into recent claims and pitfalls that members should be aware of, which may occur in their businesses. The Claims Review is published twice a year. To read the series of case studies published in issue 48, please visit the ITIC website.
14/06/2023
Introduction
Welcome to this edition of ITIC’s The Wire which has been produced exclusively for insurance brokers.
07/06/2023
ITIC Insight - ITIC's podcast series
ITIC's podcasting series, ITIC Insight, is back! In the first episode of the new series, Tom Irving, ITIC’s CEO, sits down with Jeff Woyda, the newly appointed Chairman of ITIC.
05/06/2023
Blue Coast Surf & Paddle - Member Profile
Our member profile this month comes from Adam at Blue Coast Surf & Paddle who has provided us with a great insight to their business.
01/06/2023
Interview with ITIC Chairman Jeff Woyda
Tom Irving, ITIC’s CEO, sits down with Jeff Woyda, the newly appointed Chairman of ITIC. Jeff is currently the CFO and COO at Clarksons, which provides advisory services to the maritime sector, including shipbroking, research, finance and green-driven services. He also boasts an impressive resume in the regulatory sector. In this episode, Jeff shares his insights on some issues and opportunities facing brokers today amid challenging market conditions, from sanctions and price caps to the dark fleet. He also talks about the importance of technology and training for ITIC members.