Clagett L1465 C-025

Agreement Number: C-025
Risk Book: Clagett L1465
Ship Name: Mary Ann
Page Number: 115
Point Of Departure: Liverpool
Point Of Arrival: Gold Coast/Kingston
Amount Covered: 150
Premium: 15
Shipping and Goods: G
Broker: Bartholomew Barnewall
Captain: Nathaniel McGhie
Ship Owner / Investor: William Forbes
Date: January 16th, 1807
Voyage ID according to 82639

Narrative: On January 16, 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 Mary Ann 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 Forbes, William Peatt Litt, John Burke, John Crosman, and James Turner Harris and the agreement was brokered by Bartholomew Barnewall. The captains of the ship were Nathaniel McGhie and John Ferguson. This voyage is further detailed at as Voyage ID 82639.