The CII offers Fellows and Associates Chartered Titles. A Chartered Insurer applies to members working for insurance companies and Lloyd’s underwriting agents. Chartered Insurance Practitioner applies to those working as intermediaries or loss adjusters, in trade or professional bodies and in other insurance-related occupations. Chartered Insurance Broker applies to members who are carrying on business as an insurance broker. Chartered titles are granted to individual qualified members and are not used as applying to firms, partnerships or corporate bodies.
Tag: UK
Charterer
The party who acquires the whole of the carrying capacity of ship for the transportation of cargo or passengers in accordance with the agreement made with the shipowner.
Charterer’s legal liability
Liability to/in respect of: third parties, including cargo owners; the shipowner; indemnity to owner for liability to third parties; general average and salvage (time charterers only). Insurance cover is available on a fixed premium basis and cover is limited to the amount the charterer would have been able to limit his liability had he been the shipowner. Shortfalls in cover may be arranged in P & I Clubs, a charterers’ club or in the London market.