{"id":2571,"date":"2025-10-10T04:12:07","date_gmt":"2025-10-10T04:12:07","guid":{"rendered":"https:\/\/www.insuracarelife.com\/blog\/lithium-ion-batteries-cause-marine-brokers-headaches\/"},"modified":"2025-10-11T10:58:23","modified_gmt":"2025-10-11T10:58:23","slug":"lithium-ion-batteries-cause-marine-brokers-headaches","status":"publish","type":"post","link":"https:\/\/www.insuracarelife.com\/blog\/lithium-ion-batteries-cause-marine-brokers-headaches\/","title":{"rendered":"Lithium-ion batteries cause marine brokers headaches"},"content":{"rendered":"<div>\n<p>Lithium-ion batteries cause marine brokers headaches &#8211; In 1688, more than 300 years ago, underwriters in a London coffee shop organised the earliest known Lloyd\u2019s insurance contract for a ship that set sail from London to Jamaica. Today, marine insurance underwriting principles &#8211; and even the policy documents themselves &#8211; contain clauses that are decades, even centuries old. Yet, in the traditionally conservative world of marine insurance, the industry is being forced to rewrite the rulebook in response to a modern peril: the explosive fire risk posed by lithium-ion batteries. These energy-dense batteries, now ubiquitous in modern electric vehicles (EVs), are shipped in colossal volumes aboard mega-sized container ships and car carriers, raising the stakes for catastrophic loss at sea.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Lithium-ion batteries cause marine brokers headaches &#8211; In 1688, more than 300 years ago, underwriters in a London coffee shop organised the earliest known Lloyd\u2019s insurance contract for a ship that set sail from London to Jamaica. Today, marine insurance underwriting principles &#8211; and even the policy documents themselves &#8211; contain clauses that are decades, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1590,1529,1591,1589,1299],"class_list":["post-2571","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","tag-batteries","tag-brokers","tag-headaches","tag-lithiumion","tag-marine"],"_links":{"self":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/2571","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/comments?post=2571"}],"version-history":[{"count":1,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/2571\/revisions"}],"predecessor-version":[{"id":2603,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/posts\/2571\/revisions\/2603"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media\/2572"}],"wp:attachment":[{"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/media?parent=2571"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/categories?post=2571"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.insuracarelife.com\/blog\/wp-json\/wp\/v2\/tags?post=2571"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}