Marine Recruitment Agents Professional Indemnity Insurance

A marine recruitment agent is obliged to ensure that a marine employee is in possession of an individual employment contract compliant with the relevant legislation and satisfying the minimum standards determined by the relevant international agreements and the national collective agreement.

They must also have a consistent and maintained quality assurance system in accordance with international ISO standards, which covers marine recruitment activities and which must be assessed by an independent certification institution.

The subject - matter insured is liability for damage caused by the insured to a marine employee due to negligence in performing their professional duties.

The recruitment agent is not allowed to charge the marine employee, directly or indirectly, for their recruitment services.

An insured event can include more loss occurrences which can be the result of a single cause, regardless of the number of damaged parties.

It is understood that an insured event has occurred when a failure or error occurred in the performance of professional marine recruitment activities for which the insured is responsible pursuant to these contractual provisions.

A failure or error are considered to be known when the insured has established or found out about them before the submission of a claim by the damaged party.

In the case of doubt, it is assumed that the failure or error in the performance of marine recruitment activities occurred on the day when a particular activity should have been performed or not performed, in order to prevent damage.