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MARINE INSURANCE FRAUD

Marine Insurance Fraud

Author(s)                 Baris Soyer
Publisher Informa Law from Routledge
Date 2014
Pages 344
Format pdf
Size 4.3 Mb

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   Fraud frequently occurs in every area of commerce, despite efforts of law enforcement agencies, regulators and executives of corporations. Commercial fraud is often the work of organised criminal syndicates; but it is also perpetrated by opportunist individuals taking advantage of other parties' lack of information about certain key data surrounding commercial transactions, or of their naivety. The position is not different in the context of marine insurance, although there are additional factors that make this area a fertile ground for fraudsters. The main objective of this monograph is to provide a comprehensive and coherent legal analysis of both the impact of fraud on the position of various parties to a marine insurance contract, and the cover provided by standard marine policies.

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