Clagett L1465 C-053

Agreement Number: C-053
Risk Book: Clagett L1465
Ship Name: Hope
Page Number: 86
Amount Covered: 80
Premium: 2
Shipping and Goods: Goods
Broker: James Barnes
Date: December 11 1807
Voyage ID according to Not in TASTD

Narrative: On December 11, 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 Hope from Africa to Dartmouth trafficking enslaved people. He underwrote £80 in risk at a premium of 2 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 James Barnes.