Risk is an unavoidable reality in the world of maritime insurance. The perils of the sea, storms, mechanical failures, human errors, and even geopolitical tensions create a landscape of unpredictability. Yet, it is this very uncertainty that makes the industry dynamic. Well-managed risk does not create fear. Instead, it fosters

When chartering a vessel, a charterer takes on various responsibilities, including liabilities related to cargo handling, port selection, and fuel quality. While shipowners often claim damages, not all claims are justified. Charterers must navigate these risks carefully, supported by expert handling and legal guidance. This article explores key aspects of

Cargo claims are an inevitable aspect of maritime trade, and charterers must be aware of their potential exposure. While shipowners are generally considered the primary carriers under Bills of Lading, charterers can also find themselves entangled in cargo claims. Understanding how liability is distributed and how claims are handled is

The FuelEU Maritime Regulation is an EU initiative, effective from 1st January 2025, aimed at reducing greenhouse gas (GHG) emissions from ships operating within European waters. It is part of the broader EU Fit for 55 package, which seeks to cut EU emissions by at least 55% by 2030 and

Understanding liability risks in maritime logistics The maritime logistics sector is a complex, high-stakes industry where goods are constantly on the move, crossing international borders, passing through multiple hands, and encountering numerous risks. From cargo damage and liability claims arising from third-party property damage or personal injury, companies operating in

In the complex and dynamic world of international shipping, charterers’ liability insurance plays a crucial role in protecting businesses from financial and legal risks. Charterers, whether operating in dry bulk, tanker, or container shipping, assume significant responsibilities beyond hiring a vessel. These responsibilities include liabilities for cargo damage, vessel damage,

Delivering expertise and dedication in maritime liability insurance In the complex world of international shipping, risk is an inherent factor. From cargo losses and environmental liabilities to crew injuries and legal disputes, maritime professionals face a dynamic landscape where protection is not just an option. It’s a necessity. At IMU,

In the world of maritime liabilities, knowledge is the foundation of any service. At IMU, as an MGA insurer, we provide coverage for risks and handle claims, just like our peers. The insurance industry, particularly in the maritime sector, is built on technical expertise, an understanding of risks, and mastery

In the fast-paced maritime world, efficiency is key, but so is connection. At IMU, we recognize that the shipping industry’s complexities and variety of risks cannot be fully addressed through documents, emails, and standardized procedures alone. In an age where communication is dominated by emails, instant messaging apps, and social

In the intricate and interconnected world of maritime liabilities, no one thrives in isolation. At IMU, we’ve embraced this reality through our guiding slogan, “Growing Better Together.” It reflects not only our philosophy as an MGA insurer but also our commitment to building strong partnerships and fostering collaboration across all