Clagett L1465 C-021

Agreement Number: C-021
Risk Book: Clagett L1465
Ship Name: Unknown L name
Page Number: 105
Point Of Departure: Africa
Point Of Arrival: a Market
Amount Covered: 200
Premium: 15
Shipping and Goods: G
Broker: Thomas N.B. Hubert

Narrative: On January 14, 1807 at the Lloyd’s Market in The Royal Exchange, Horatio Clagett was part of a group of underwriters who insured a voyage of a ship (name unknown) from Africa to a Market trafficking enslaved people. He underwrote £200 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.