Strait of Hormuz is a claim waiting to happen
Matthew Sellers Jun 19, 2026
The agreement marks a positive step, but the path back to normality is still unclear
Brokers, P&I executives and the Lloyd's Market Association have spent weeks pushing back against the narrative that marine insurers withdrew from the Strait of Hormuz
The definitional fault line running through the Strait of Hormuz crisis is not an abstraction - it is the difference between a paid claim and a coverage dispute, and it is already shaping how policies are being written and contested
Documentation and timing are critical to avoid claims disputes around Strait of Hormuz disruption
A global shipping chokepoint is underscoring a hard truth in insurance: marine risks are too complex for portal-style underwriting
As the disruption continues, brokers are defending cover, calming clients and examining risk across the globe's most exposed trade routes
The London market is marshalling capital to keep trade moving
Gulf chaos has closed the Strait of Hormuz twice – and only one of those closures is anywhere near resolved
NFP's Randy Ramkissoon says one GPS tracker isn't enough anymore – thieves know where to look, and the claims are getting more severe
BFL Canada's Hector Plascencia says the gap between identifying a risk and actually understanding its business impact is where most organizations fall short
Aon’s Daniel Ocampo explains how sustainability, global risks and energy transition are reshaping insurance capacity, pricing and strategy for Canadian businesses today
