Clagett L1465 C-008

Agreement Number: C-008
Risk Book: Clagett L1465
Ship Name: Ceres
Page Number: 29
Point Of Departure: Liverpool
Point Of Arrival: Bonny/Dominica
Amount Covered: 300
Premium: 18
Shipping and Goods: G
Broker: James Barnes
Captain: Thomas Molyneux
Ship Owner / Investor: William Brade
Date: April 1, 1807
Voyage ID according to 80780

Narrative: On April 1, 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 Ceres from Liverpool to Africa to a Market trafficking enslaved people. He underwrote £300 in risk at a premium of 18 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 William Brade, James Brade, William Smith, and Richard Hooten and the agreement was brokered by James Barnes. The captain of the ship was Thomas Molyneux. This voyage is further detailed at as Voyage ID 80780.