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Insurance Document Signing

Posted: Thu Aug 04, 2022 6:41 pm
by docwarrior
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.

Re: Insurance Document Signing

Posted: Tue Aug 09, 2022 1:25 pm
by picant
Hi Pal,

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

Other comments appreciated
Ciao