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LEGAL & CLAIMS AS A SERVICE Expertise in claims handling is integral to marine liability insurance. In most cases, insurers offer legal costs insurance, also known as FD&D insurance, or Marine Defense. In both cases, clients rely on insurers and their
Underwriting insurance risks requires deep technical knowledge. On the one hand, the underwriter must have a profound knowledge of the policy terms, conditions, and other matters to ensure the technical integrity of the insurance business. On the other hand, the underwriter needs to understand
In addition to our circular dated 27th December 2022, please be informed of the following. As provided and issued, our Certificate of Insurance and Insurance Policy Wording, include a War Risks cover as per Module VII which expressly excludes the
The Netherlands as a powerhouse in the maritime world. I am often asked why I am still doing this. When this question touches upon my age, I respond: “Warren Buffett is 93, so I have quite a future ahead of me!”
In the Red Sea, Yemen’s Houthi rebels are stirring up trouble, creating safety and insurance complexities. Our article breaks down the challenges, risks and insurance covers involved. The Red Sea situation Yemen’s Houthi rebels are carrying out attacks against vessels
The marine insurance industry is full of unexpected risks. Capital-intensive vessels traverse the globe and Billions of goods are transported, all relying on specialists available 24/7 to navigate unexpected challenges. The marine insurance industry needs to offer a helping hand
An alter ego, literally ‘the other me’, is a second personality by which a person distinguishes himself from his real identity. It is mainly used in fiction stories to describe characters of different identities or appearances, such as superheroes or
Marine insurance constitutes a mere 4% of the market share of global non-life insurance. Despite its seemingly small presence, the attention it demands is immense. Why is that, you ask? Well, the answer lies in the complexity that defines the
In the maritime industry, transportations over sea without disruptions is a common goal among traders, shipowners, charterers, and logistics providers. However, the unpredictable challenges of the sea and operational intricacies often create hurdles. This article explores how collaboration and marine
“We are well insured” is a common statement in the market of marine insurance covers. And if you are paying a premium for insurance covers, you should have every right to make this statement. However, this does not always work
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