Clagett L1465 C-003

Agreement Number: C-003
Risk Book: Clagett L1465
Ship Name: Booth(?)
Page Number: 18
Point Of Departure: Liverpool
Point Of Arrival: Africa/Market
Amount Covered: 300
Premium: 20
Broker: Bartholomew Barnewall
Date: February 2nd, 1807

Narrative: On February 2, 1807 at the Lloyd’s Market in The Royal Exchange, Horatio Clagett was part of a group of underwriters who insured a voyage of the ship, most likely Booth, from Liverpool to Africa and onwards to a market trafficking enslaved people. He underwrote £300 in risk at a premium of 20 percent. Clagett directly insured the enslaved against risk of loss as ‘goods’ or ‘cargo’. This is evidence of the dehumanizing commodification and speculation on the financial value of enslaved lives. The agreement was brokered by Bartholomew Barnewall.