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...because everyone makes mistakes

Claims Examples:

Clause for concern

29/05/2019

Something doesn’t add up

16/05/2023

A series of unfortunate events

To hull and back

ITIC offers a unique professional indemnity policy to a wide range of companies in the transport industry.

3650

members

110

Countries

The world’s leading professional indemnity insurer for transport professionals

The role you perform is often complex, always critical and invariably subject to a high degree of exposure and responsibility if things go wrong. So, you need to make sure your professional indemnity insurance is right.

Celebrate with ITIC

ITIC, originally known as the Chartered Shipbrokers Protection Association, was established on 2nd December 1925 by prominent members of the Institute of Chartered Shipbrokers.

We invite you to explore our rich history and join us in commemorating this significant milestone. Learn more about ITIC’s journey by clicking the link below and stay tuned for more updates throughout the year.

Learn more

Latest News

Event: MYBA Charter Show 2025

18/03/2025

Event: MYBA Charter Show 2025

ITIC is exhibiting at the MYBA Charter Show 2025 from 28th April – 1st May 2025.
The Wire: Aircraft lease managers & technical experts

06/03/2025

The Wire: Aircraft lease managers & technical experts

This edition of The Wire focuses on aircraft lease managers and technical experts. 
Thomas Miller Connect

12/02/2025

Thomas Miller Connect

Thomas Miller Connect is the online portal which allows you 24/7 access to premium balances and full claims data. 
Show me the money!

06/02/2025

Show me the money!

ITIC has recovered over US$ 250 million in unpaid shipbroker commissions and ship agent disbursements. This webinar brings together many of those claims into a practical case study on what to do when an unscrupulous principal fails to pay you.
ITIC circular: Change of bank payee details for all payments to ITIC Europe originally underwritten by UK P&I Club N.V.

05/02/2025

ITIC circular: Change of bank payee details for all payments to ITIC Europe originally underwritten by UK P&I Club N.V.

IMPORTANT NOTICE to note the change of bank payee details for all payments to ITIC Europe for European business originally underwritten by UK P&I Club N.V.
Press release: Significant port cost miscalculation leads to a six-figure loss covered by ITIC

13/12/2024

Press release: Significant port cost miscalculation leads to a six-figure loss covered by ITIC

In a recent case underscoring the essential nature of precise cost estimation in maritime logistics, ITIC has settled a US$140,000 claim resulting from an error in calculating port charges.
Press release: Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

13/11/2024

Press release: Conflicting laycan clauses cost shipbroker US$100,000; ITIC steps in

A shipbroker's failure to identify conflicting laycan clauses in a voyage charterparty led to a complex dispute and a US$100,000 claim, which ITIC has reimbursed.

Knowledge

ITIC provides professional indemnity insurance at cost

ITIC is the mutual insurer for the transport industry with no external shareholders or underwriters to take a profit from the business.

Find out more reasons to choose ITIC 

Get a quote

Fill in the relevant proposal form to receive a quote.

Make a claim

Guidance on how to report a claim.

Talk to our experts

Contact us at ITIC.
+44 (0)20 7204 2928

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