Clagett L1465 C-013

Agreement Number: C-013
Risk Book: Clagett L1465
Ship Name: Experiment
Page Number: 52
Point Of Departure: Liverpool
Point Of Arrival: Windward Coast/Grenada
Amount Covered: 150
Premium: 15
Shipping and Goods: G
Broker: Youngstown
Captain: R Taylor
Ship Owner / Investor: William Coupland
Date: May 4th 1807
Voyage ID according to 81343

Narrative: On May 4, 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 Experiment from Africa to a Market trafficking enslaved people. He underwrote £150 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 William Coupland and Lawrence and the agreement was brokered by Youngstown. The captains of the ship were R. Taylor and Proctor. This voyage is further detailed at as Voyage ID 81343.