The earliest form of insurance is probably marine insurance, although forms of mutuality (group self-insurance) existed before that. Marine insurance originated with the merchants of the Hanseatic league and the financiers of Lombardy in the 12th and 13th centuries, recorded in the name of Lombard Street in the City of London, the oldest trading insurance market. In those early days, insurance was intrinsically coupled with the expansion of mercantilism, and exploration (and exploitation) of new sources of gold, silver, spices, furs and other precious goods – including slaves – from the New World. For these merchant adventurers, insurance was the “means whereof it comes to pass that upon the loss or perishing of any ship there followed not the undoing of any man, but the loss lighteth rather easily upon many than upon a few… whereby all merchants, especially those of the younger sort, are allured to venture more willingly and more freely
Planning The Case
Drafting and reviewing all types of agreements, contracts, regulations, documents and legal forms in accordance with the laws and regulations of the Sultanate of Oman.
Evaluate Situation
Preparing internal regulations and organizational structure and reviewing the companys human resources policy.
File The Case To The Court
Collecting all the company›s rights in terms of fixed debts and financial claims with others before resorting to the courts.
Gather More Information
Preparing internal regulations and organizational structure and reviewing the companys human resources policy.
Qualified Workers
Contracting settlements with various parties.
Qualified Workers
Contracting settlements with various parties.
Qualified Workers
Contracting settlements with various parties.
The earliest form of insurance is probably marine insurance, although forms of mutuality (group self-insurance) existed before that. Marine insurance originated with the merchants of the Hanseatic league and the financiers of Lombardy in the 12th and 13th centuries, recorded in the name of Lombard Street in the City of London, the oldest trading insurance market. In those early days, insurance was intrinsically coupled with the expansion of mercantilism, and exploration (and exploitation) of new sources of gold, silver, spices, furs and other precious goods – including slaves – from the New World. For these merchant adventurers, insurance was the “means whereof it comes to pass that upon the loss or perishing of any ship there followed not the undoing of any man, but the loss lighteth rather easily upon many than upon a few… whereby all merchants, especially those of the younger sort, are allured to venture more willingly and more freely
