WQIS Issues New Policy Form
The WQIS Policy Form 2007 will be switched over to the WQIS Worldwide Vessel Pollution Policy Form 2011 on September 1, 2011. The new form was released on June 1, 2011 and will be applicable to new and renewal businesses on or after that date.
The new 2011 form was developed to better reflect the current state of the industry: enhancing coverage where gaps existed, improving organization, providing simplification and adjusting to recent legal decisions. Visit WQIS.com to learn about the specific changes in the new policy.
Clients who wish to continue on with the 2007 Policy Form, subject to certain amended conditions, may do so by negotiating with your underwriter before August 31, 2011.