The principle of insurance is risk transfer in order to protect your company’s balance sheet. It is to protect you from unexpected business interruption. However, charterers liability is more then only a risk transfer.
Charterers Liability is a complex matter in an increasingly complex regulatory and legislative environment. Claims service has been our most important focus from the beginning. We have a crew of highly experienced staff with a background in Shipping and in Charterers Liability and FD&D. Together with our strong financial backing this provides a safe haven for Charterers looking not only for balance sheet protection but also for someone who understands them when there is a problem.
But even when there is no dispute or claim, we can assist clients with regard to reviewing and advising on Charter Party issues or other documents of transport they use or intend to use. And from our experience we know that during Charter Party negotiations clients may wish some legal or practical guidance on certain uncomfortable terms or conditions. We provide such service without delaying the client’s business by immediate responses and practical advice.
Furthermore, we provide our clients on a regular basis via newsletters with practical and useful information on legal and operational issues.