Importer Be Aware!

If you are an importer of cargo from overseas and are relying on your seller’s insurance policy to protect your cargo investment in the event of a claim, be aware! You need to ask a number of questions:a) What currency is the insurance in?b) What are the...

UK Marine Insurance Act 1906 under Review

The over century old Marine Insurance Act codified the practices, customs and usages of the day in relation to commercial marine contracts. The Act is about to be reformed. Insurance buyers and their representatives welcomed the proposed changes they say will result...