Renewal 2018-19 policy year
Both guidelines aim at reducing the number of claims and increasing safety in the container supply trade by ensuring that these cargoes are properly packaged and carried.
This new Regulation was enacted as a result of the ‘Lava Jato’ corruption scandal, in order to target allegations of lack of transparency during the contract bidding process.
The new service offerings will start from 1 April 2018.
The Standard Club sees the development of The Standard Syndicate at Lloyd’s, which was launched in 2015, as an important part of it strategy to become a broadly diversified marine and energy insurer.