ITIC is the leading provider of professional indemnity insurance to ship managers, insuring more than 150 companies worldwide. The team at ITIC has a complete understanding of the risks, combined with a high degree of claims experience.
ITIC experience
- ITIC has been involved with the drafting of the BIMCO Shipman 98, BIMCO Shipman 2009 and SUPERMAN.
- ITIC works closely with InterManager.
In view of the number of ship managers ITIC insures, there is a wealth of experience in the handling, management and payment of ship management claims.
No other insurer rivals the knowledge and assistance ITIC provides to ship managers.
Resources
Ship Managers Fact Sheet
Any ship manager will face day-to-day exposure to risk, but will be able to rely on ITIC to help reduce any potential hazards.
Crew Managers Fact Sheet
As a crew manager you could receive a claim from the owners of a vessel even if you were not negligent in the provision of your services. One of the functions of ITIC insurance is the cover of defence costs, which can be extremely high. ITIC’s claims team has a wide knowledge of claims made against crew managers.
Ship management webinars
Navigating stormy waters: hot topics in ship management
This ITIC webinar is entitled “navigating stormy waters: hot topics in ship management” and was recorded in December 2024. Join ITIC’s Robert Hodge, General Manager, as he covers numerous issues currently affecting ship managers, including: SHIPMAN 2024, FuelEU, EU ETS, lumpsum management, co-assurance and KYC (Know Your Customer). Robert works closely with BIMCO, helping draft several of their contracts. Recently he has drafted the new SHIPMAN and AUTOMAN and is currently working on CREWMAN. He frequently comments on industry matters such as FuelEU and EU ETS in various publications. This webinar is essential viewing for all ship managers and marine insurance brokers.
SHIPMAN
This webinar features four of the drafters of the recently updated SHIPMAN agreement. Robert Hodge, ITIC General Manager, Zehra Göknaz Engin, BIMCO Project Manager, Christian Hoppe, BIMCO General Counsel and Manolis Nicolaou, CSM Legal Counsel discuss the changes and what these mean for ship managers.
Protecting the ship manager: ITIC discusses current claims trends and provides loss prevention advice webinar
ITIC has provided insurance to ship managers for over 30 years and currently insures over 300 companies offering ship management services globally. As such, the team at ITIC has a deep understanding of both the risks faced by ship managers and the delicate balance of the commercial relationship with their clients. During this half an hour webinar, hosted in association with InterManager, speakers Charlotte Kirk and Robert Hodge, provide their insight on the types of claims faced and to how to avoid or minimise such liabilities. Topics included: increased owner costs arising from COVID-19, virtual robbery – business email and invoice fraud and claims against the manager when ships are returned to the owner.
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Contact us at ITIC.
+44 (0)20 7204 2928