It is a dangerous attitude to take perception as reality. In fairness, there are far too many situations in the insurance world where perception, namely, how one experiences and assumes things, overshadows the facts, and thus, reality. When perception overshadows reality What is it like then, or rather, what should

The impact of digital isolation We live in a digital world and we are on all day. No matter where you meet people. They walk, sit, lounge, drink and eat with the smart phone. Their best friend. What does this mean for our social interaction, what does it mean for

Standard war risk coverage and its importance Standard insurance covers exclude war risks. In almost all marine insurance covers, it is normal practice to add a ‘standard war cover’ to the policy. We, as Charterers Liability Insurance specialists, also do so. The standard war risk cover proves its significance if,

A maritime legacy and a blueprint for the future The Netherlands has a history deeply intertwined with the sea. Its maritime legacydates back centuries and has played a pivotal role in shaping the nation’s economy,culture, and global influence. Today, maintaining a robust maritime position is not justa nod to history

Shipping is complex. Commercially, operationally, but also from the perspective of insurance and claims. Ship and cargo desperately need each other to transport the 11 billion tonnes of goods across the world’s oceans. An important link in the global economy. The liabilities that ship and cargo face are divided between

The complexity and volatility to which shipping is exposed on a daily basis require financial service providers to have up-to-date knowledge and a strong presence. Shipping never sleeps, and problems arise without prior notice.  The concerns about artificial intelligence Traditionally, knowledge is acquired through training, gaining experience, self-study, and pooling

Specialization has real substance only when an organization backs its words with actions. At IMU, we pride ourselves on being Charterers Liability Specialists and leading the field in implementing our expertise. Our in-house training is fully customized to meet the needs of our client relationships.  Our brokers and clients work

Understanding P&I clubs: the backbone of maritime liability Shipowners around the globe are intimately familiar with P&I (Protection & Indemnity) insurance. This essential coverage, housed within P&I Clubs, protects against maritime liabilities. Across the industry, approximately 100,000 ships are insured by just 12 P&I Clubs, contributing roughly US$4 billion in

The world of maritime liability is fraught with significant and unpredictable risks. In the 19th century, shipowners faced a challenging landscape where commercial insurers were reluctant to cover more than just hull risks. This led to the creation of mutual associations, which evolved into Protection and Indemnity (P&I) Clubs starting

SHARING KNOWLEDGE Striving for zero damage in international shipping is a utopia. Despite all efforts in prevention, training, and education, and the involvement of IMO, classification societies, port state control, and other initiatives to enhance shipping safety, incidents will remain inevitable. The inherent dangers of the sea, together with human