Huge congratulations go to ITIC's Amelia Dunn, Mikaela Koni and Antonios Vyrgiotis for passing the Institute of Chartered Shipbrokers' 'legal principals of shipping business' exam! 🎉
ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals
Insurance
ITIC is a mutual insurance company specialising in professional indemnity insurance for transport professionals.
About us
ITIC (International Transport Intermediaries Club) is the world’s leading provider of professional indemnity insurance for professionals and consultants providing services to the transport industry, with over 90 years experience of consistently delivering comprehensive cover at cost effective premiums. We provide PI insurance for shipbrokers, agents and managers, consultants and professionals working in the aviation, marine, offshore and hydrographic industries around the world including the UK, US, Europe, Singapore, Australia and the UAE. If the transport industry needs your services, you need the services of ITIC. Why choose ITIC ? • ITIC provides professional indemnity insurance at cost. ITIC is the mutual insurer of the transport industry with no external shareholders to take a profit from the business. • ITIC pays dividends annually. Surplus funds have been paid out to the Members in the form of continuity credits for the last 18 years. • ITIC understands your business. ITIC’s specialist knowledge of your business will make it quicker and easier for you to obtain advice and support on a claim under your professional indemnity insurance. • ITIC is more than just professional indemnity insurance. As an assured at ITIC you will receive support from a team who understand the unique situations and liabilities that your business faces. • ITIC will provide a sympathetic approach. ITIC understands that you will often have commercial relationships which will need preserving and will work with you to allow that business association to continue. ITIC's unique "discretionary insurance" cover could support any claim which may not normally be paid by another professional indemnity insurer. ITIC is managed by Thomas Miller, a world class insurance services business, at the forefront of the insurance industry for over 125 years.
- Website
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http://www.itic-insure.com/
External link for ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals
- Industry
- Insurance
- Company size
- 11-50 employees
- Headquarters
- London
- Type
- Privately Held
- Specialties
- Professional Indemnity Insurance, Mutual Insurer, Marine Professional Indemnity Insurance, PI Insurance, Indemnity Insurance, Professional Liability Insurance, Public Liability & Professional Indemnity Insurance, Aviation & CAMO Liability Insurance, Offshore Liability Insurance, Marine Surveyors Insurance, Insurance Brokers | PI Insurance, Ship Agents Liability Insurance, and Ship Brokers Liability Insurance
Locations
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Primary
90 Fenchurch Street
London, EC3M 4ST, GB
Employees at ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals
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Robert Hodge
Specialist in professional indemnity insurance to the marine, transport and energy sectors.
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Brian Devaraj
Managing Director & Founder at ShipEcharter Pty Ltd
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Timothy Evans
Chief Financial Officer at International Transport Intermediaries Club Ltd
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Michael Shakesheff
Group Managing Director & NED
Updates
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Mikaela Koni, senior claims executive at ITIC highlights the introduction of pre-management fees in the latest Ship Management International issue. “Previous SHIPMAN contracts, which did not extend to pre-delivery, left managers unprotected. Prior to SHIPMAN 2024, ITIC advised that pre-management services be carried out under a separate contract.” Find the full article on page 14. #shipsandshipping #maritime #maritimeindustry #shipping
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"The application of wind-assisted propulsion systems (WAPSs) across a variety of vessel types is nearing a “tipping point” with deployment likely to increase rapidly, according to a new study from Lloyd’s Register. The British classification society is warning however that the lack of standardisation for verifying fuel savings and concerns about equipment availability need to be addressed. With the industry close to achieving 100 installations and the orderbook reflecting the diversity of vessel types employing WAPSs, along with increasingly substantial deployments as technologies move beyond prototype and pilot phases, the absence of a standard for verifying potential fuel savings is creating uncertainty for operators looking to select solutions, the authors of the 43-page report maintain. With wind propulsion deployment likely to increase rapidly, driven by growing shipyard and operator familiarity with solutions, scaling up the supply chain to meet expected demand is a potential challenge, LR stated." - Splash Maritime and Offshore News (splash247.com) #shipsandshipping #maritime #maritimeindustry #shipping
Wind-assisted propulsion nears ‘tipping point’ for rapid adoption - Splash247
https://splash247.com
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ITIC's Chairman's statement, financial highlights and full report and accounts are now available on our website: https://lnkd.in/dCUAREMt
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ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals reposted this
Wednesday 9 October 2024 at 1700. ITIC are kindly hosting an event to celebrate Maritime UK Week. The panel discussion on 'Know Your Client' will look at the challenges and risks in shipping business. This will be an excellent opportunity to listen and ask questions to an expert panel of insurers, legal specialists and those engaged in shipping business. A drinks reception afterwards will allow delegates to speak peer to peer and catch up with shipping professionals. More details to follow on how to register but save the date! #ics #maritime #shipping #shippinglaw #marineinsurance #ITIC #thomasmiller
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Happy #NationalAviationDay to all of our aviation members and others working within the industry ✈️ 💡 Did you know ITIC offers professional indemnity insurance to a wide range of professionals working in aviation, including: aircraft designers, surveyors, managers, CAMOs and aviation registries? On this special date we are sharing one of our favourite ITIC Aviation Industry Insight videos with Melanie Daglish, senior aviation underwriter at ITIC, and George Galanopoulos, CEO, Luxaviation Group UK https://lnkd.in/ekiMpQSz George Galanopolous, CEO of Luxaviation UK, discusses how ‘sticky’ clients are a good thing and shares the key to maintaining a happy client base. George and Melanie also discuss how Luxaviation try and avoid finding themselves in difficult situations with their clients and George outlines the value of holding professional indemnity insurance. #aviation #aviationindustry #bizav
ITIC Aviation Industry Insights - Melanie Daglish and George Galanopolous, CEO, Luxaviation UK
https://vimeo.com/
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🐶 Take the lead charity walk update! 🐶 Team ITIC are now halfway through their marathon walking challenge, during the month of August, to raise money for St Mungo's. In total, they have walked 53 miles so far. Here are some photos from their most recent endeavours: 🐴 Timothy Evans with Mala and Truffle (Truffle is aged just 4 months) at Hartland Moor, towards Arne, Dorset. 🦈 Mikaela Koni and Goofy in the 40 degree Cypriot heat. Goofy is now the proud owner of a shark fin life jacket. ⛰️ Emma Watt and Harvey at Dechmont Law, Scotland. St Mungo's are one of the only homelessness charities to accept dogs into their hostels, and they understand the powerful emotional support a dog can provide. To donate anything you can, please use the following link: https://lnkd.in/emrUWigV #charity #homelessness #CSR #FridayPhoto
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Save the date! 📅 Keep calm and do you due diligence! ITIC, in association with Mike Robarts FICS and the Institute of Chartered Shipbrokers London & SE Branch, is hosting a panel discussion on Wednesday 9th October during Maritime UK Week 2024. Do you always Know Your Client (KYC)? The panel will be discussing why KYC is so important and offering advice and words of caution. This event will be perfect for shipbrokers, agents and managers. More information coming soon! #shipsandshipping #shipping #maritime #maritimeindustry #London
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We've added a brand new fact sheet to our suite! ITIC is the leading provider of professional indemnity insurance to P&I club managers, insuring more than 120 companies worldwide. The team at ITIC has a complete understanding of the risks, combined with a high degree of claims experience. Examples of claims made by P&I club managers include: *Allowing a claim to become time barred *Errors in the finance team *Underwriters failing to check policies are correct You don’t have to make a mistake to be sued. As a P&I club manager you could receive a claim 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 expensive. ITIC’s claims team has a wide knowledge of claims made against P&I club managers. For more information, or for a quote, please e-mail [email protected] #shipsandshipping #shipping #maritime #pandiclub #insurance #professionalindemnity
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ITIC | Professional Indemnity Insurance for Transport Contractors & Professionals reposted this
A new analysis conducted by shipbroking firm Gibson has revealed that the owners of very large crude oil carriers (VLCCs) have been the top installers of exhaust scrubber systems. Read more here: https://lnkd.in/eBBtyp3E #BrookesBell #Maritime #Shipping #NetZero #Emissions