The Salvage Forum reflects the views of the world’s hull and cargo insurers in the context of the development and operation of Lloyd’s Standard Form of Salvage Agreement (including SCOPIC) (“LOF”) and the wider treatment of salvage as it impacts upon marine property insurers.
The Forum currently consists of eleven members, all with marine insurance experience from different countries.
Since its formation in 2011 the Salvage Forum’s members have represented marine property underwriters’ views in many contexts including:
- Lloyd’s Salvage Group (responsible for monitoring the wording and operation of LOF);
- The SCOPIC Committee (responsible for monitoring the terms and operation of the Special Compensation P & I Clubs Clause);
- Comite Maritime International (“CMI”) sub-committee on the review of the York-Antwerp Rules on General Average;
- The CMI’s Conferences in 2012 (Beijing) and 2016 (New York).