Difference in Terms

Author: M.Jagannath
Date: July 12, 2017

Talk given at Lloyd’s Asia, Singapore - 12 July 2017

Marine Liability Policies are taken by various parties (Owners, Operators, Freight Forwarders, Carriers, Ports and Terminals, Professionals, etc) to cover their liability exposure. Frequently, the exposure arises from failure (including allegations of failure) of the Insured’s (Marine Liability) in carrying out their duties and which would result in claims from their counterparties (who may also be insured). The talk will touch upon the gaps in coverage due to the difference in terms together with the issues which need to be considered to
deal / adjust a marine liability claim.

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