Insurance Document Signing

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Insurance Document Signing

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

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

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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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

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