We handle all aspects of London arbitrations, from beginning to end. Of course, we will involve external lawyers in appropriate cases if this is in Members’ best interests but, in such cases, we will remain fully involved and continue to guide and assist Members in deciding together how best to proceed. If an overseas jurisdiction is involved, we will arrange local legal assistance and assist Members in managing the case.
However, we are not just on-hand to assist when a claim arises, we are also able to assist with chartering, operational, loss prevention, trading, check before fixing, and other general enquiries to ensure Members are best protected legally in their day-to-day operations.
How does FD&D differ from other classes of insurance?
- It only provides Members with cover for legal costs and expenses rather than for the underlying claim amount;
- The cover is entirely discretionary. However, the scope of cover is very wide in that, subject to our FD&D Rules, it covers legal costs and expenses properly incurred in all types of dispute falling outside the scope of other insurances, such as P&I, Hull and Machinery, Loss of Hire and Time Charterers’ Liability for Damage to Hull insurances.
Most of the disputes referred to the FD&D team are charterparty disputes, but it also handles a number of queries and claims concerning: