Indian Ocean Piracy High Risk Area reduced from 1 December 2015

BIMCO has announced a reduction in the Piracy High Risk Area for transiting the Indian Ocean effective from 1st December 2015, per the below map. BMP4 (the latest advisory on anti-piracy measures) will now only be applicable when a vessel enters the reduced area, which is defined by the following boundaries: In the Red Sea: Latitude 15oN In the Gulf of ...

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Latitude speaking on panels at 3rd Asia Marine Insurance Conference, 12-13 October

We are pleased to be involved with the 3rd Asia Marine Insurance Conference, being held on 12/13 October at the Excelsior Hotel in Hong Kong.  Some of the industry’s most senior underwriters will be there offering their views on the industry. Charles D’Alton will be on the P&I panel and Andrew Brooker will be on both the Owner’s panel and ...

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American Club latest to diversify in to H&M

The American P&I Club, managed by the Shipowners Claims Bureau Inc, is the latest P&I Club to diversify into the hull and machinery market. Shipowners Claims Bureau (SCB) have announced the opening of the American Hellenic Hull Insurance Company, based in Cyprus, but underwriting from Piraeus.  SCB have joined with the Hellenic Hull Mutual and, subject to regulatory approval, will move their ...

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It’s our First Anniversary!!

We officially launched on 1st September 2014, one short year ago. Since then, we have: been fortunate to win new business from a dozen different countries around the world; recruited a great team comprising of 14 people in Hong Kong and Beijing; had launch parties; won awards for our branding and received recognition for our community involvement; we have travelled thousands ...

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Press Release: Total Objects Provides Specialist Insurance Software to Latitude Brokers

GLOBAL XB solution creates an infrastructure to allow Latitude to manage clients, premiums, claims, IBA and compliance. LONDON, 04 August 2015- Specialist insurance software provider, Total Objects, has been chosen by Latitude Brokers, the insurance brokers specialising in the shipping, offshore and supply chain industries across Asia, to help create a robust and technologically advanced infrastructure to manage clients, premiums, claims, ...

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