Maritime Jobs
Friday, April 26, 2024

Insurance Industry News

Image Source: National Fire Protection Association (NFPA)

NFPA Certificated Marine Chemists – A Century of Fire Protection and Life Safety

the “gas chemists”, until 1963 when the NFPA agreed to assume full responsibility for marine chemist training and certification. To accomplish this mission the NFPA established the Marine Chemist Qualification Board (MCQB). The Board is comprised of representatives from the marine insurance industry; tank vessel operators; shipbuilding or vessel repair industry; Marine Chemist Association; a practicing Marine Chemist; Occupational Safety and Health Administration (OSHA); U.S. Coast Guard and U.S. Navy.The MCQB is responsible for establishing the NFPA Rules for the Certification and Recertificat

Joe Hughes and Dorothea Ioannou (Photo: American P&I Club)

American P&I Club Announces Leadership Change

family and our legacy. We are stepping aside, not stepping out!”Ioannou said, “I am thrilled and excited with this new appointment, which as a woman carries with it not only responsibility and significance for our organization, but also, as a first in the P&I sector, for the marine insurance industry in general. I have from the start been proud of working with SCB, the American Club and EOM and the team of talented professionals across the world with whom I have spent the last 17 years. I have been particularly privileged by the mentorship of Joe and Vince and I look forward to building

Thomas Nordberg (Photo: Swedish Club)

Swedish Club Announces Shift at the Helm for 2023

, 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 its

Boriana Farrar is a familiar face in maritime circles, the Vice President and Counsel and a Senior Claims Executive and Business Development Director for the Americas at the Ship Owners Claims Bureau, Inc. managers of the American P&I Club.

Interview: Boriana Farrar, Ship Owners Claims Bureau

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 USA.The more things change …While this is a transcendent period in maritime history –

New Online Marine License Insurance Program

Marine License Insurance Program from 360 Coverage Pros, United States Coast Guard licensed mariners can put affordable, "A+" rated coverage in place in minutes, not days.For more information visit https://www.360coveragepros.com/marine-license-insurance“Before I entered the marine insurance industry, I myself was a licensed mariner and continue to maintain my license today,” says Brian Murphy, Senior Vice President and Head of Marine at Berkley Offshore Underwriting Managers.  “In today’s increasingly litigious society, I see this product as an important tool for

Rob McAdams (Photo: XL Catlin)

XL Catlin Names McAdams Chief Underwriting Officer, Global Marine

XL Catlin has announced the promotion of Rob McAdams to the position of Chief Underwriting Officer for Global Marine with immediate effect. Previously, McAdams held the role of UK/ Ireland Marine Leader. McAdams has 20 years’ experience in the insurance industry. Prior to joining legacy XL he held positions at Reliance National in New York. He is an Associate of the Chartered Insurance Institute, and a Chartered Property & Casualty Underwriter.  

Randy Lim (Photo: Braemar Adjusting)

Braemar Adjusting Promotes Lim

Braemar Adjusting has announced the promotion of Randy Lim from Senior Adjuster to Director, effective immediately. Lim has been with Braemar Adjusting since 2013, prior to which he amassed more than 25 years of experience in the insurance industry in progressive roles including claims handling, claim management, relationship management and business development with various underwriters and vendors as well as claims advocacy and account management with a large international brokerage. Since joining the Calgary office, he has worked under the leadership of Paul Cameron to develop a strong

Nigel Montgomery (Photo: Tysers)

Tysers Appoints Montgomery as a Non-executive Director

Independent Lloyd’s broker Tyser & Co Ltd (Tysers), has announced the appointment of Nigel Montgomery as a non-executive Director. Montgomery is a lawyer with long experience of the insurance industry and was a partner at leading international US law firm, Sidley Austin LLP until his retirement in 2015.    

XL Group Grows in Asia

because we recognize that having first class talent and knowledge based locally, backed up by our global infrastructure and financial strength, provides a compelling offering to our clients.”     Mr. Meyrick added: “Mike has 35 years’ experience in the insurance industry and an in-depth understanding of the marine market across Asia. He certainly has the credentials to successfully lead our Marine and Offshore Energy team in Asia Pacific and deliver the most relevant and innovative product to our clients, who are themselves innovating and evolving to meet the

IMUA Awards Drewry Lifetime Achievement Award

Award, Rich Soja, a former IMUA Chairman, cited Jim Drewry’s list of achievements since joining the IMUA.  He noted, “Since becoming involved with the IMUA in the late 1980’s, Jim has devoted a great deal of time and effort into making IMUA the effective and productive insurance industry trade association that it is today.   “Jim served on the IMUA Board of Directors for 14 years and was Chairman from 2006 to 2008.  During his tenure he was instrumental in leading the charge to synergize the efforts of the Board, officers and staff resulting in a shared

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