The Rights and Obligations of Vessel Insurance Brokers: A Perspective on Domestic Laws and International Cases
Document Type : Original Article
Authors
1
Ph.D. in Oil and gas Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran.
2
Ph.D. in Oil and gas Law, Faculty of Law and Political Science, University of Tehran. Tehran, Iran.
3
Associate Professor, Department of Private Law, Faculty of Law and Political Science, University of Tehran, Tehran, Iran.
Abstract
Marine vessels has a significant role in the field of international trade such as international transportation of goods, providing services through vessels (such as anchored ships, accommodation ships) and despite technical development of vessel, the widespread risks to vessels, transported goods, and the marine environment has been exist ; Therefore, obtaining insurance coverage for marine vessels, especially vessels related to the oil and gas industry, is not a commercial choice, but a legal obligation.
In this regard and considering the specialization of the issue of insurance of vessels and the importance of marine risks that may threaten the interests of the general society, brokers try to find the best insurance for vessels in terms of price and coverage or obtain these insurances for the insurers as an intermediary.
Therefore, brokers have rights and obligations in front of the insurance parties, and the violation of any of these rights and obligations may lead to disruption of the insurance contract and non-payment of damages by the Insurance Companies.
Therefore, in this article, an attempt has been made to examine Iran's insurance law and the regulations approved by the Supreme Council of Insurance and the international cases has also been examined and identified the rights and obligations of marine vessels brokers against insurers and insured.
In this regard and considering the specialization of the issue of insurance of vessels and the importance of marine risks that may threaten the interests of the general society, brokers try to find the best insurance for vessels in terms of price and coverage or obtain these insurances for the insurers as an intermediary.
Therefore, brokers have rights and obligations in front of the insurance parties, and the violation of any of these rights and obligations may lead to disruption of the insurance contract and non-payment of damages by the Insurance Companies.
Therefore, in this article, an attempt has been made to examine Iran's insurance law and the regulations approved by the Supreme Council of Insurance and the international cases has also been examined and identified the rights and obligations of marine vessels brokers against insurers and insured.
Keywords
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