503Dorothea Ioannou, CEO Eagle Ocean Agencies, Inc.
OCTOBER 7, 2022 TO ALL INSUREDS AND BROKERS
Dear Colleagues: PAYMENTS TO EAGLE OCEAN MARINE/EAGLE OCEAN AGENCIES, INC.: AN UPDATE
This Circular provides an update to the Circular issued on September 21, 2021 regarding payments to Eagle Ocean Marine/Eagle Ocean Agencies, Inc.
Insureds and their brokers are reminded that certain key information must accompany all notices of wire transfer payments so as to ensure the prompt, proper and efficient allocation of funds received by EOM.
The information required is as follows:
The date and identifying number of EOM’s invoice(s) in respect of which the payment is being made.The identity of the Insured/Business Group and/or vessel(s) in respect of which the payment is being made.In the event of the payment of multiple invoices and/or in relation to multiple Insured/Business Groups, the exact amount to be allocated and applied to each specific invoice must be indicated.In the event of deductible payments, EOM’s claim reference number.
All notices of payment should be sent by email to accounts@eagleoceanmarine.com along with the precise details of the account to which the wire/telegraphic transfers to EOM are being made.
The accounts in question are as follows:
USD PREMIUM ACCOUNT BANK: JPMORGAN CHASE BANK, N.A.270 PARK AVENUENEW YORK, NY 10017ABA: 021000021SWIFT: CHASUS33XXXACCOUNT NO.: 767100613 NAME ON ACCOUNT: EAGLE OCEAN AGENCIES, INC. PREMIUM ACCOUNT
USD CLAIMS ACCOUNT BANK: JPMORGAN CHASE BANK, N.A.270 PARK AVENUENEW YORK, NY 10017ABA: 021000021SWIFT: CHASUS33XXXACCOUNT NO.: 767100621 NAME ON ACCOUNT: EAGLE OCEAN AGENCIES, INC. CLAIMS ACCOUNT
EURO ACCOUNT Correspondent Bank Name: J.P. Morgan AGCorrespondent Bank SWIFT: CHASDEFX Beneficiary Bank Name: JPMorgan Chase Bank, N.A. LondonBeneficiary Bank SWIFT Code: CHASGB2L London, 25 Bank StreetCanary Wharf, London, E14 5JP, U.K. Ultimate Beneficiary Account Name: EAGLE OCEAN AGENCIES, INC.Ultimate Beneficiary Account Number: 41470217Ultimate Beneficiary IBAN: GB46CHAS60924241470217
The omission of any information listed above, as well as the comingling of credits unrelated to accounts for which payment is being effected, could lead to delay in the allocation and processing of the payment(s).
Payment should reach EOM’s account on or before the due date. Late payment will prejudice cover and may lead to termination of the insurance.
Please also note that all remittances to EOM should be made net of all bank charges. Insureds and their brokers are reminded that premiums due to EOM should be received by EOM without the deduction of bank charges. These should be borne by the remitter. Bank charges deducted from funds received by EOM may be recharged to the Insured’s or the broker’s account.
Yours faithfully,
Dorothea Ioannou, CEO Eagle Ocean Agencies, Inc.
Eagle Ocean Marine is an American Club fixed premium facility offering gold standard International Group club service, underpinned by the impeccable security of reinsurance at Lloyd’s.
