Shipping is one of the oldest businesses in the world. Risk management and insurance are also equally old business. They are closely linked with one another. In fact the development of insurance took place in support of the shipping industry.
At the 19th Maritime HR & Crew Management Conference in London on 19-20 October, Commodore Barry Bryant CVO RN, Director General of the Seafarers UK charity, will update delegates on the exciting opportunity provided by the UK Maritime Growth Study (MGS) to promote maritime employment opportunities.
Whether you’re a first-time buyer or adding to a growing fleet, the excitement of purchasing a new or usedscreen-shot-2016-10-07-at-11-11-36-am boat can be a lot to take in. Long before you fork over a significant amount of your hard-earned money and sign on the dotted line, you’ve already made a half-dozen plans for the near future; fishing trips, weekends at anchor, time on the water with your friends and family, and waterskiing or wakeboarding are all on the horizon.
Insurance firms are set to meet this week after manufacturers raised concerns over their capacity to insure marine cargo. The Kenya Association of Manufacturers (KAM) last week questioned local firms’ capacity to offer the product ahead of the new law that compels exporters and importers to get local marine cargo cover by January next year.
Day workers are always a contentious point with regards to insurance. All too often, no employment contracts are signed and in the event of a claim, the process becomes complicated in trying to prove whether the owner is liable for the day worker's injuries or death. Further complications can arise depending on the flag state and the labour laws of the country where the accident happened. Some yacht managers and crew employers are managing this by making all day workers sign a simplified version of a crew employment contract.
Resolution insurance has launched a comprehensive marine insurance cover dubbed ‘Resolution Marine Cargo’ in a move to offer affordable transit policy into the market that provides a one-stop shop solution for all marine insurance needs.
Battles over premium reductions and a turf war between insurance brokers have been as notable a feature of the 2017 protection-and-indemnity (P&I) renewals as fleets sailing between the clubs.
QBE North America, an operating division of global insurer QBE Insurance Group Limited, today announced the launch of The Solution for Motor Truck Cargo – a comprehensive policy offering unique coverages for motor carriers.
President of Premier Assurance Group Charles Jorge speaks at the launch of two health insurance products to be distributed in Jamaica by partner Maritime General Insurance Brokers at the Spanish Court Hotel in New Kingston on Thursday, February 2.
A maritime tragedy involving a passenger boat or ferry can occur at any time, but it can be prevented if the passengers involved know what safety measures should be taken before or during the mishap.
Premier Assurance (PA) Group has entered the Jamaican market with two new health insurance products through a partnership with Maritime General Insurance Brokers.