Ports and Terminals Insurance
5th January, 2012
Ports and Terminals Insurance
We are pleased to announce that IGI Group has started writing “Ports and Terminals Insurance” since 1st January, 2012.
This new class of business is aimed at serving port authorities, terminal operators, stevedores, warehouse and depot operators. This also extends to include a wider variety of organisations specialising in other aspects of the shipping industry, including freight forwarders, NVOCCs, ship managers, ship agents and ship brokers.
The insurance programme can be split into several sections in order to meet individual needs:
- Third party liabilities for property damage, death, injury or disease
- Liability for loss of or damage to cargo whilst in the client’s care, custody or control
- Professional liability for negligent acts or omissions (cover DOES NOT extend to D&O cover)
- Liabilities to authorities for fines and penalties and other regulatory breaches
- Cover can be further extended to include port property, handling equipment within the port confines, and business interruption.
Underwriting Capacity is up to USD25,000,000 each risk.
This addition to our portfolio of services is one which is not readily available in our geographical area, and we would be pleased to discuss any opportunities which this presents further.
This will be underwritten by:
- Mr. Mark Trevitt
Underwriter, Ports & Terminals
Email: Mark [dot] Trevitt [at] iginsure [dot] com
Contact No.: +44 207 220 0113
- Mr. Ian Edwards
Deputy Underwriter, Ports & Terminals
Email: Ian [dot] Edwards [at] iginsure [dot] com
Contact No.: +44 207 220 0106
Also, enquiries can be directed to:
- Mr. Paul Squires
Senior Executive Officer – Dubai Office
Email: Paul [dot] Squires [at] iginsure [dot] com
Contact No.: +971 4 363 3520
Or to our offices in Amman and Kuala Lumpur.
About IGI
International General Insurance Holdings Limited (IGIH) is registered in the Dubai International Financial Centre with operations in Bermuda, the United Kingdom, Jordan and Malaysia.
IGI Bermuda is class 3B (re)insurer regulated by the Bermuda Monetary Authority and is the principal underwriting entity for the Group with the Jordan office providing all management, underwriting and operational functions. The Group also has a subsidiary company in Labuan, Malaysia registered as a fist tier reinsurer.
IGI Group underwrites a worldwide portfolio of energy, property, marine, engineering, casualty, financial institutions, general aviation and non-proportional treaty business with the main geographical focus on the Afro-Asian markets.
IGIH has assets in excess of US$ 550 million as at 30th September, 2011. For more information please visit our website at www.iginsure.com
Or e-mail us at info [at] iginsure [dot] com