Ascot Appoints New Head of Marine
to Ascot. Most recently, he served as Chief Risk Officer for Overhaul Group, Inc., a global leader in in-transit supply chain risk management, where he was responsible for the company's insurtech business strategy and played a key role in elevating and consulting on Overhauls' presence in the insurance market.Stoik has also spent time at major P&C insurance companies including Great American Insurance Group, where he oversaw four underwriting divisions – including Ocean and Inland Marine, in the U.S. and Europe. He began his insurance career at Chubb, where he spent more than 25
TT Club Appoints Regional General Manager for APAC
both as an Underwriting Director and Claims Director. He also has seagoing experience at the start of his career after taking a Master’s Degree in Maritime Law at Aix-Marseille University.Kevin King, TT’s deputy CEO said, “We are excited to have Kamel join TT with his wealth of marine insurance experience and extensive contacts in the Asia Pacific markets. Kamel is leading a highly experienced, first-class team of underwriting and claims executives and will look to build upon the success the region has had in building and servicing its membership.”UK P&I Club, also managed by
Swedish Club Managing Director Lars Rhodin Retires
Lars Rhodin, will retire as managing director of The Swedish Club, ffective January 1, 2023.Rhodin first joined The Swedish Club in 1986 and has spent 15 years at the helm. During that time, he spearheaded a period of considerable growth for the Club, successfully steering it through challenges and overseeing the opening of three new offices in Oslo, London and, the latest, in Singapore.“Since I joined the Club in 1986, I have been part of a family,” Rhodin said. “The shipping industry is unique and It’s an exciting business, but also very much a people business - so
Peacock Set to Take Over as CEO of The Shipowners’ Club
The Shipowners’ Club, a P&I insurer in the smaller and specialist vessel sector, announced Simon Peacock will take over as CEO in 2023.Current CEO Simon Swallow will be stepping down on May 25, 2023 before starting his retirement on August 3, 2023. The current Chief Financial Officer (CFO), Simon Peacock, will be the incoming CEO on May 25, 2023. Marcus Tarrant, currently Director and Chief Actuary of the Club’s management company, will become the Club’s CFO.Swallow joined the Shipowners’ Club in July 1991 and after a spell as Underwriter he assumed the role of Director of
Ong Takes Over as TT Club CFO
the outgoing CFO Julian Chowdhury in his position for the intervening months prior to his retirement.As CFO of the specialist mutual insurer, Ong’s challenges will be to achieve business plan profit targets via operational efficiencies focused on simplifying and automating processes along the insurance value chain.Charles Fenton, CEO of TT Club, said, “TT is fortunate to have in EeLain someone of vast and varied experience so suited to the Club’s structure and nature of its business. Over her 27 year career she has held leadership positions within finance, treasury and tax at re/insurance
American P&I Club Announces Leadership Change
underwriting U.S. hull and liability cover under the Eagle Ocean America banner.Ioannou was born, raised and educated in New York. A graduate of the City University of New York and St. John’s University School of Law, she relocated to Greece in 1997. After working originally in legal practice and insurance broking, Ioannou joined the newly-established SCB (Hellas), Inc., the Piraeus claims liaison office of SCB, in 2005. Initially employed as a claims executive, Ioannou subsequently rose to be the General Manager of the office in 2009, Regional Business Development Director in 2013 and Global Director
Swedish Club Announces Shift at the Helm for 2023
9, The Swedish Club's Board of Directors made the decision to appoint Thomas Nordberg to succeed Lars Rhodin as Managing Director from January 1, 2023, when Rhodin retires."The Board of Directors is delighted to have recruited Nordberg, who has close to 30 years' experience in the marine insurance industry, where he is well known and respected. His broad knowledge of underwriting, claims, and executive management has been built in various international positions," said Lennart Simonsson, Chairman of the Board of The Swedish Club. "Thomas Nordberg will lead the Club forward after
West Creates Charterers and Traders ProductTeam
West creates a Charterers and Traders team as a new center of excellence within the Club, further enhancing the West’s popular tailor-made liability insurance products.The West of England P&I Club announced the creation of a dedicated Charterers and Traders product team to manage its Charterers Comprehensive Cover, which provides bespoke cover for charterers and traders.Suumit Madhu will lead the new team with support from Nicola Goff, Christina Anderson, Chris Ward and Paul Kaye covering both Underwriting and Claims support for Members.Charterers operate in an increasingly litigious
TT Club Taps Blunsum as Chief Technology Officer
Freight and logistics insurer TT Club said it has appointed Kevin Blunsum as its first Chief Technology Officer.Blunsum is a highly experienced and well-respected member of the London-market insurance community. Over his 30-year career he has held a variety of positions engaged in insurance technology development and change management with Deloitte, EY, Accenture, and more recently with Aspen Insurance as Director of Business Transformation.Blunsum will be working closely with Lisa Gibbard, the recently appointed CIO of TT Club’s management company, Thomas Miller to ensure alignment with other
North P&I Club Appoints Asherson as Claims Director
;He brings a unique combination of skills and experience, and a proven record of offering the wise counsel on which our members can rely.”With BA and LLB degrees from Stellenbosch University and admitted as a solicitor in the U.K. for over 20 years, Asherson has extensive knowledge of maritime and insurance law, specializing in marine casualty litigation and investigations, cargo claims, ship arrests, arbitrations and charterparty disputes. A former Chairman of the International Group Claims Co-operation Sub-committee, he also has strong relationships in the U.K., Greece, the Middle East, South Korea
The Shipowners' Club Promotes Hamblin
P&I insurer The Shipowners' Club announced it has appointed its chief information officer, Mark Hamblin, to its management board.Hamblin’s appointment comes after eight years working for the club, in which time he has become integral to the successful IT function, developing strategies and systems that have enhanced the club’s fundamental operations. Hamblin’s appointment to the board signifies the club’s commitment towards greater digital transformation and its ambition to remain at the forefront of technological developments that benefit its large membership.The
Baldwin Joins LIG Marine Managers
LIG Marine Managers, a commercial marine and longshore MGA in the U.S. and Lloyd’s broker, announced that veteran marine insurance executive Ken Baldwin has joined the company as Vice President of Marine.At LIG, Baldwin will direct and expand marine programs, including the company's quality control, and expand the team’s industry knowledge.Baldwin brings to the role extensive underwriting, operations improvement and program management experience. At one point, he personally handled the largest volume of Hull and P&I in the country.Baldwin has been underwriting commercial marine
Interview: Boriana Farrar, Ship Owners Claims Bureau
, previously serving as a board member and currently serving as Vice Chair of the International Conventions Committee. “As a ‘recovering lawyer,’ being part of this wonderful legal community is important for me,” she said. Finally, she serves on the board of MICA – Marine Insurance and Claims Association, “a really a wonderful organization as to promoting the insurance industry, which is important. Without insurance, we know, many companies can’t function.”SCI Mountain Challenge teammates (L to R): Boriana Farrar, Jeanne Grasso and Blythe Daly from WISTA
New Online Marine License Insurance Program
Mariners looking for insurance have a new option that is touted as being fast and affordable, cared for immediately in an online format that is designed to be more expedient than ever.360 Coverage Pros launched a new Marine License Insurance Program for mariners that offers an entirely online buying experience combined with low monthly payment options and instant proof of coverage.Until now, the process of securing a marine license insurance policy involved requesting quotes, filling out lengthy applications and waiting days to receive a premium proposal before finally binding coverage.With the new
AEU Named an Alabama 'Best Company to Work for'
The American Equity Underwriters, Inc. (AEU) was recently named as one of the Best Companies to Work for in Alabama in an annual ranking compiled by Business Alabama and Best Companies Group.This survey and awards program was designed to identify, recognize, and honor the best employers in Alabama, benefiting the economy, workforce, and businesses. 22 companies received the coveted award.In the small-to-medium company category (15 to 249 employees), AEU ranked 5th among the 13 companies receiving the award. Headquartered in Mobile with offices in Metairie, La., Seattle, Wash., Philadelphia, Penn.
American Club: Four Senior Appointments
addition, Marivi Banou has been appointed as P&I Claims Manager, assisting Koukouli in the general day-to-day supervision of the Piraeus-based claims team. Having gained a degree from Metropolitan University, London in shipping and transport, and then acquired experience in both the shipowning and insurance broking sectors, Banou originally joined the Managers’ Greek office on its opening in 2005.In addition, Elina Souli was recently recruited by the Managers’ Piraeus office to undertake the roles of FD&D Manager and Regional Business Development Director. With undergraduate and postgraduat
Ossena to Drive AGCS N. America Growth
Allianz Global Corporate & Specialty (AGCS) said that Baptiste Ossena, Global Product Leader of Hull and Marine Liabilities (HML), will assume additional responsibility as the North American Regional Head of HML, effective April 1, 2019.Relocating to New York from Paris, Ossena will work closely with direct report John Kiernan, the current Head of HML in North America, who will take on the key responsibility for large account management and portfolio steering across the business.Ossena has held his current global role since 2017. He also served as the Regional Head of Mediterranean Marine &
