Clagett L1465 C-015

Agreement Number: C-015
Risk Book: Clagett L1465
Ship Name: Hinde
Page Number: 80
Point Of Departure: Liverpool
Point Of Arrival: Windward Coast/Falmouth
Amount Covered: 300
Premium: 15
Broker: James Barnes
Captain: William McBride
Ship Owner / Investor: Thomas Powell
Date: February 24th, 1807
Voyage ID according to 81862

Narrative: On February 24, 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 Hinde from 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 Thomas Powell and Henry Charles Cummings and the agreement was brokered by James Barnes. The captain of the ship was William McBride. This voyage is further detailed at as Voyage ID 81862.