Clagett L1465 C-052

Agreement Number: C-052
Risk Book: Clagett L1465
Ship Name: Montgomery
Page Number: 116
Amount Covered: 300
Premium: 5
Shipping and Goods: Goods
Broker: Caldcleugh and Co.
Date: February 27th 1807
Voyage ID according to Not in TASTD

Narrative: On February 27, 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 Montgomery to a Market trafficking enslaved people. He underwrote £300 in risk at a premium of 5 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 agreement was brokered by Caldcleugh and Co.