Horrifed businesman at computer
  • News

Shipbroker’s email slip up costs $50,000

Professional indemnity mutual insurer ITIC (International Transport Intermediaries Club) is warning that wrongly addressing emails can prove expensive. As an example, it cites a recent case where the club had to reimburse

Failure to read charterparty terms can prove expensive

Professional indemnity insurer International Transport Intermediaries Club (ITIC) is urging ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further

  • News

Why being an expert witness has its perils

NOVEMBER 30, 2018 — Professional indemnity insurer ITIC (International Transport Intermediaries Club) warns that the role of expert witness should not be undertaken lightly and professionals acting in this capacity should be

  • News

Shipbroker liable for fixture error

JUNE 4, 2018 — Professional indemnity insurance provider International Transport Intermediaries Club (ITIC) recently helped a shipbroker reduce its level of exposure to claims from a charterer for damages and loss of