Companies collective signing agreement (CCSA)

A single market agreement used in the non-marine market. The agreement authorises the leading CCSA company to sign a collective policy on behalf of all other CCSA companies on risk. The agreement indemnifies the signatory company respect of any liability that attaches that would not have attached had the policy been individually signed by all compain nies.

Leave a Reply

Your email address will not be published. Required fields are marked *