For any underwriter or international trader who has had the misfortune of dealing with GAs or salvage claims, this is a much welcomed news. Our approach to such claims ensures:
Shortened claims period
Guarantees and bonds are placed timeously
Complete client control
Defence or reduction of contribution
Recovery of contribution
Clear fee structure (no cure no pay)
Through our London operations, we can source general average bonds and guaranties for our African clients. This has proven to be very helpful as many of our African clients do not have the usually required AAA rating in the Lloyds market. We handle all discussions with the appointed adjusters to free up our clients to focus on their core area of business, keeping them well-apprised at all times.
We enter into swift negotiations with carrier to ensure cargo is released to our client. We carry out thorough investigation to determine if the salvage was properly conducted under LOF. Through our forum shopping experience, we identify suitable jurisdictions to enter negotiations with P&I clubs for recoveries in case master was responsible for the incident.