Marine

The IUA has a long tradition of serving the marine market dating back to 1884 through its predecessor organisation the Institute of London Underwriters. The Marine Technical Committee continues this work representing the interests of all member companies writing marine business.

IUA Contact: Chris Jones

For Marine Clauses click here.

For agendas of the Marine Technical Committee click here.

For minutes of the Marine Technical Committee click here.

 

For Joint War Committee reports on areas of perceived enhanced risk in relation to hull war, strikes, terrorism and related perils click here.

For Joint Cargo Committee reports on areas of perceived enhanced risk associated with war and strikes coverage for goods in transit, storage or other static exposures click here.
News
new 3.9.10: Market Briefing: What Insurance Executives Need to Know About the Legal Ramifications of the Gulf Oil Spill
6 September 2010
Circular 086/10: A market briefing to discuss legal reforms stemming from the Deepwater Horizon incident in the Gulf of Mexico, affecting all maritime claims in civil litigation in the United States.
16.8.10: Use of ACORD Messaging to Transact Endorsements
16 August 2010
Circular 082/10: A further progress update for general information and review and action by key contacts.
6.8.10: Market Briefing: Sustainable Salvage Business Practices – Reducing, Reusing and Recycling
6 August 2010
Circular 075/10: A market briefing examining methods to help reduce, reuse and recycle salvage recovery.
24.5.10: Membership of the IUA Marine Technical Committee
24 May 2010
Circular 054/10: The IUA Marine Technical Committee (MTC) is currently assessing its constitution and is considering the options and benefit of expanding its membership.
17.5.10: Market Briefing: Marine Recoveries in the Credit Crunch
17 May 2010
Circular 049/10: An IUA market briefing looking at the possibilities for pursuing marine losses in the current economic climate.
27.4.10: Joint Cargo Committee Election
27 April 2010
Circular 043/10: The IUA / LMA Joint Cargo Committee (JCC) – ballot paper for elections.

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Documents
JH2010/010 Business Scenario Testing Questionnaire
27 August 2010
The Joint Hull, Cargo and Liability committees have all produced similar circulars on Electronic Endorsements Pilot Scheme and Business Scenario Testing. The JHC circular is attached.
JR2010010 Marine Warranty Surveyor CoPSoW 23 July 2010 Circular
4 August 2010
Please see attached the latest JRC Circular regarding Marine Warranty Surveyors Code of Practice and Scope of Work
JH2010_010_Fuel_Switching
4 August 2010
The JHC Risk Assessment Sub-committee has been investigating the risks associated with fuel switching from an insurance perspective and this circular informs underwriters of the findings to date.
Marine Contacts Directory
23 February 2010
A Contacts Directory of Marine Market Practitioners working for IUA Member Companies.

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