Ports and Terminals Operators and Owners Cover
In 2006, Insure-London LLP started underwriting Physical Damage Insurance for Ports and Terminals’ owners and operators. Since then we have profitably written tens of millions of premium dollars for insurers, however, current market conditions have made it uneconomical for us to continue underwriting this business. While it has been profitable for Insurers it has become unprofitable for us. After much consideration we have decided not to write any new or renewal business from 1st January 2017.
Whilst our current Insurers have terminated our contract they still have an appetite for this class of business, therefore, please refer any renewals or new accounts that you have to Josh Brett at Kiln (Joshua.Brett@tokiomarinekiln.com)
Insure-London LLP will continue operations in other classes and will manage the run-off of the existing Ports and Terminals business. If you have any queries, please contact Tom Cottrell (email@example.com).
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