Shipmanagers, brokers and agents are becoming a better risk in terms of errors and omissions (E&O) claims.
The International Transport Intermediaries Club (ITIC) reports a significantly improved performance through the year to the end of May, with fewer claims being one of the factors.
The insurance mutual provides professional indemnity cover for more than 2,000 member firms, including 500 ships agents, 440 shipbrokers, nearly 300 shipmanagers as well as a substantial number of naval architects, marine surveyors and consultants.
The
