Clagett L1465 C-006

Agreement Number: C-006
Risk Book: Clagett L1465
Ship Name: Backhouse
Page Number: 20
Point Of Departure: Liverpool
Point Of Arrival: New Calabar/Kingston
Amount Covered: 300
Premium: 15
Shipping and Goods: G
Broker: Bartholomew Barnewall
Captain: James Mackie
Ship Owner / Investor: John Livingston
Date: April 18th 1807
Voyage ID according to 80415

Narrative: On April 18, 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 Backhouse from Liverpool to Africa to a market trafficking enslaved people. He underwrote £300 in risk at a premium of 15 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 ship was owned by John Livingston, James McGauley, and Thomas Huson and the agreement was brokered by Bartholomew Barnewall. The captain of the ship was James Mackie. This voyage is further detailed at as Voyage ID 80415.