Insurance Document Signing

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docwarrior
Posts: 6
Joined: Fri Sep 27, 2019 2:16 pm
First Name: René
Last Name: Roeschmann
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Location: Hamburg

Insurance Document Signing

Post by docwarrior » Thu Aug 04, 2022 6:41 pm

DEAR ALL,
after a long discussion without result with an insurance broker about how to sign an insurance document according UCP 600 your expertise is needed.

Leading Insurance Co:
ABC Limited
DEF AG

Insurance broker signed as follows:
For and on behalf of all
insurance companies participating
- XXX Co.-

Does the above mentioned suffice? From my point of view function (by proxy/as agent) is not mentioned.
Many thanks in advance.

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picant
Posts: 2000
Joined: Wed Aug 20, 2008 1:49 pm

Re: Insurance Document Signing

Post by picant » Tue Aug 09, 2022 1:25 pm

Hi Pal,

I think so, we are in presence of a co-insurance, please see ISBP 745 K7.

Other comments appreciated
Ciao

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