News & Media

15/02/2023

Sponsorship: FONASBA launches the Young Ship Agent or Shipbroker Award for 2023

The FONASBA Young Ship Agent or Ship Broker of the Year Award (YABA) 2023 is now open, which ITIC is proud to sponsor.

10/01/2023

Press release: ITIC covers US$ 94,000 in fees after Panama Canal authorities deny cancellation request

ITIC has reimbursed a ship agent US$ 94,000 after their request to cancel a slot they booked by mistake for transit through the Panama Canal was denied.

06/12/2022

Press release: ITIC reimburses ship agent member €30,000 after total loss of pastry shipments due to temperature mistake

ITIC has reimbursed a ship agent €30,000 after the member had to make a payment on behalf of the carrier for the latter’s liability to a consignee for the total loss of its pastry shipments...

02/12/2022

ITIC circular: Sanctions against Russia - The upcoming oil price caps on 5 December 2022

On 6 October 2022, the EU further amended its Russian sanctions legislation to pave the way for its coming price cap on Russian oil and petroleum products...

02/12/2022

Webinar: Things shipbrokers need to watch out for when arranging fixtures

The M/T Unfortunate set out on a voyage that was littered with delays, setbacks and issues. This webinar is essential viewing for all shipbrokers.

14/11/2022

Webinar: The M/T Unfortunate - a webinar for shipbrokers

ITIC is hosting a webinar on Wednesday 30th November 2022 at 10.00 (London time) for shipbrokers. The webinar will last approximately 45 minutes and will focus on a fictious shipbroking case study.

25/10/2022

Press release: ITIC successfully obtains payment of overdue commission fees for S&P shipbroker

ITIC obtained overdue payment of a shipbroker member’s commission which the seller had refused to pay despite the successful completion of the sale and purchase of a ship.

11/10/2022

We are hiring! ITIC is looking for a new account executive to join our dynamic team

ITIC is looking for a new account executive to join our dynamic team. Account executives at ITIC have a unique role as you will do claims, underwriting and marketing for a portfolio of assureds in a geographic area. It is an exciting position in the industry.

27/09/2022

ITIC circular: EU sanctions against Russia update

On 19 September 2022, the EU issued two amended Russia-sanctions FAQs on the import, purchase, and transfer of listed goods (nos. 2 and 4 available). Read the full circular here...

16/09/2022

ITIC circular: EU sanctions against Russia

Since Russia’s invasion of the Ukraine in February 2022, the European Union has progressively intensified its sanctions against Russia.

25/08/2022

Press release: ITIC returns profits to members for 27th year running

ITIC a mutual insurer which provides professional indemnity cover for intermediaries serving marine, offshore and renewable and aviation customers, has reported annual premium growth in 2021/22 of 9.8% and will be returning US$ 8m in surplus funds to its members.

22/08/2022

Air Charter Expo 2022

ITIC will be exhibiting at Air Charter Expo (ACE) 2022, at stand 124. ACE is The Air Charter Association's dedicated conference and exhibition.