IG Clubs keep choosing our company A&A Multiprime as the most trusted Correspondent in Colombia. Last month we were appointed as exclusive H&M Correspondent of Skuld in Colombia and Central America. Furthermore, the London P&I appointed us as exlusive Correspondent in the ports of Barranquilla, Santa Marta, Buenaventura, Turbo and Puerto Bolivar (previously these ports [...]
Following applicable legislation, all Colombian flag vessels must be insured under policies issued by Colombian Insurance Companies, so this affects the P & I Clubs and fixed premiums facilities that are currently covering Colombian ships. This rule is also applicable to all properties located in Colombian territory. Therefore members or assureds of Clubs and fixed [...]
Colombia recently enacted a new law that relaxed the requirements to offer P&I cover for Colombian flagged vessels trading internationally. This new regulation allows foreign underwriters and brokers to register before the Financial Superintendency and provide coverage without need of local fronting. This year we have successfully finished the registration of 3 P&I Clubs and [...]
