WHAT INSURANCE COVER DO YOU REQUIRE?
WHAT INSURANCE COVER DO YOU REQUIRE?
SHIPBROKERS AND AGENTS
TEAM
LOSS OF MANAGEMENT FEE
A loss of commission caused by a loss of management fee insurance is a vital cover for ship managers. This is offered as an endorsement to ship manager members' existing professional indemnity and covers them if they are not paid their fees as a result of a ship under their management being lost through actual or constructive total loss
CASH IN TRANSIT
Fairwater seeks out unique insurance package to its clients. The combination of cash in transit and petty cash insurance offers clients the convenience of a single policy at a competitive premium.
LOSS OF COMMISSION
Loss of commission cover is tailored to meet ship brokers' needs, offered as an endorsement to members' existing liability insurances. There are two levels of cover, actual and constructive total loss only, and full cover which insures a wide range of marine perils.
DEBT COLLECTION
An optional benefit that ITIC offers to its members is a comprehensive debt collection cover to assist with the recovery of outstanding debts, commissions, brokerage and disbursement accounts. This cover pays for any legal costs incurred in the recovery of the debt, rather than the debt itself.
DIRECTORS & OFFICERS (D&O)
D&O insurance cover protects companies and their directors', officers' and senior managers against claims arising from their decisions and actions taken whilst managing their business.
PROFESSIONAL INDEMNITY
Professional indemnity insurance provides cover for claims brought against you for losses suffered by your customers as a result of your negligence or error and omission. Fairwater deal with the leading provider of professional indemnity (PI) insurance to companies based in the transport industry.
The comprehensive professional indemnity insurance includes cover for losses caused by errors or omissions, fraud, breach of intellectual property rights and other related risks.
NICKLAS HOLMBERG
Direct: +46 8 410 19 684
Mobile: +46 70 94 00 930
TOBIAS CARLSSON
Direct: +46 8 410 19 689
Mobile: +46 70 2701 1 88
