ITIC: Careless Errors Bring Costly Claims

Careless errors by ship agents are resulting in costly claims, according to indemnity insurer ITIC. In the latest ...

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ITIC Warns of Confidentiality Agreement Traps

UK-based indemnity insurer ITIC has advised shipbrokers, consultants and other advisers not to sign confidentiality ...

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Omission of Terms and Conditions Can Prove Costly

Omission of Terms and Conditions Can Prove Costly

ITIC has emphasised the need for marine surveyors and other shipping and transport intermediaries to include their ...

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ITIC Warns Shippers of Port Agency Scam

Specialist professional indemnity insurance provider ITIC has issued a warning to shipping and transport ...

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ITIC Survey Highlights High Cost of English Litigation ...

A survey of London solicitors by ITIC has highlighted the high cost of litigation for shipbrokers and others ...

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ITIC Says Hold-Harmless Clauses May Not Be So Harmless

ITIC has warned that the so-called ‘hold harmless’ clauses in many of the contracts entered into by its members may ...

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ITIC Says Broker Follow-Up Is Vital in Fluctuating Markets

ITIC says that the failure of shipbrokers to follow up on time-sensitive messages can have serious financial ...

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ITIC Warns Ship Managers on Unsuitable Cargoes

ITIC has warned ship managers of the potentially severe financial implications of nominating unsuitable ships for ...

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ITIC Warns Shipping Intermediaries of Cleverly Forged ...

ITIC has warned shipping intermediaries to be on the look-out for cleverly forged documents which could result in ...

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ITIC Highlights Value of Diligent Debt Collection

ITIC has highlighted the value of diligently pursuing the collection of shipping industry debts in today’s ...

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