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Sunday, July 12, 2020

Insurance News

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Crew Training for a Future that Includes Autonomous Vessels

term and long-term future of the shipping industry. As an industry, we must drive this discussion and help steer innovations so that they help us operate safely and more efficiently. Keeping the status quo is not a viable option, nor is just looking to be “Grandfathered” in.From the Marine Insurance Risk Management view of this situation, a key issue is the need to develop methods of assessment of automated and autonomous vessel transportation systems. In Marine Insurance, we look to the past to help predict the future. In some regards we have faced these challenges before when looking at

James Clayton  (Photo: CJC)

CJC Appoints Two New Directors

half years, mostly spent as a Senior Associate, and has a background in both wet and dry litigation across a broad range of P&I and FD&D work. His expertise has been sought out for disputes under time/voyage charter parties, contracts of affreightment and bills of lading, as well as for marine insurance issues including collisions, groundings, salvage and pollution. Ealand has experience of all aspects of commercial arbitration and High Court matters in a Maritime law context.Specializing in transactional, corporate and ship finance law, James Clayton takes up a role as Director after nearly five

Lauren B. Wilgus (Photo: Blank Rome)

Wilgus Elected Partner at Blank Rome

1, 2020.Wilgus, based in New York, focuses her practice on international and maritime litigation, alternative dispute resolution and business matters, notably involving domestic and foreign corporate interests as well as disputes concerning international and domestic commercial contracts, marine insurance coverage and charterparties. She counsels on claims involving the Carriage of Goods by Sea Act, maritime attachment and vessel arrest actions, marine casualty investigations, recognition and enforcement of foreign arbitration awards and judgments, and commercial negotiations and dispute resolutions

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

, 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

Engine Room Wall (Photo: Advanced Mechanical Enterprises)

'Sea the World' Reveal At Huizenga Center

World Huizenga Center at the Lillian S. Well Pavilion. Each year more than 20,000 eighth grade students from Broward and south Palm Beach Counties learn how financial decisions will impact their lives. These include expenses related to family health care, real estate and home improvements, automobiles, insurance, entertainment, education, and purchasing items such as clothing, furniture and groceries.Prior to visiting JA Finance Park, students engage in a comprehensive classroom curriculum that teaches them about finances, careers, income, expenses, savings and credit. This program helps students recognize

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

Vivian Maia (Photo: OSM)

OSM CEO to Build Opportunities for Female Seafarers

OSM in Norway in 1989 and has been actively involved ever since.OSM provides a comprehensive range of bespoke solutions for its customer base – ranging from complete ship management and all-inclusive arrangements to individual value-added services, such as crewing, procurement, accounting and insurance

Parker Harrison was named Crowley Maritime's SVP of procurement and risk management. (Photo: Crowley Maritime)

Crowley Promotes Harrison

vice president.In her new role Harrison will work across all of Crowley’s business units to strategically align risk management functions while continuing the company’s procurement transformation into a strategic center-led competency. She will be responsible for the company's global insurance program; management of Beacon Insurance Company, Ltd; supporting the risk management and insurance requirements of Crowley's business lines; allocation of insurance cost and administration/management of the claim, insurance and contract review/approval processes while also overseeing all procurement

From left: Navin Mahajan and Dale Walsh (Photos: Chevron)

Chevron Announces Leadership Changes

1, 2019, and Dale Walsh vice president of Corporate Affairs, effective March 1.Mahajan, who is currently vice president, Finance Downstream & Chemicals, succeeds Randy Richards, who is retiring from Chevron after 40 years of service. Mahajan will oversee banking, financing, cash management, insurance, pension investments, and credits and receivables activities across the corporation. He will report to Patricia Yarrington, Chevron’s vice president and chief financial officer.Walsh, currently Chevron’s president of Americas Products, has been named vice president of Corporate Affairs

Pic: North P&I Club

McLoughlin Joins North P&I Underwriting Team

strengthened its underwriting team with the appointment of a new U.K. based underwriter combined with some operational changes to a number of senior underwriting roles.Tom McLoughlin joined the team as an Underwriter last week, bringing with him a range of marine experience from his former roles with insurance brokers Marsh in London, and a significant tanker management company in Athens. Initially McLoughlin will work across all of the regional teams as he settles into his new role with the Club.Earlier in the year, Simon Main was recruited into the role of Technical Director, playing a key supporting

Rev. David M. Rider, President & Executive Director, Seaman’s Church Institute. (Photo: SCI)

New Mental Wellbeing Guide for Seafarers

psychological – highs and lows of life at sea, and thousands of seafarers have shared their personal stories with SCI staff amid routine, stressful, or tragic circumstances.The Rev. David M. Rider, President & Executive Director, Seaman’s Church Institute, said: “Coming from our insurance and humanitarian perspectives respectively, the American Club and the Seamen’s Church Institute (SCI) share a passion and deep respect for the human factors involved in safe maritime commerce and quality of life for those who work on ships around the world.With nearly 300 years of combined

Stephan Dimke (Photo: Britannia Maritime Consultants)

Britannia Maritime appoints Hammond, Dimke

Britannia Maritime Consultants has announced two senior appointments as part of its expansion into the marine casualty response market.Mike Hammond will head up a new claims and insurance department while Stephan Dimke will provide technical support for digital navigation issues.Hammond brings a formidable track record and experience to Britannia, having worked in marine claims both for shipping companies, and more recently as the claims manager for an International Group P&I club with a focus on the Asia Pacific region.Hammond’s skills are already in demand, particularly from companies with

Dorothea Ioannou (Photo: The American Club)

American P&I Club Manager Prepares for Further Growth

both among the Club's membership and within the broader maritime community, Ioannou joined the Managers in 2005 on the opening of the Piraeus office for which she has had chief responsibility for the last decade, part of her twenty-years' experience across a variety of disciplines in the marine insurance sector. A New York-qualified lawyer, Ioannou has been responsible in recent years for the Club's global business development initiatives, and was last year honored with the Lloyd's List Next Generation in Shipping Award.Arpad Kadi assumes the position of Chief Financial Officer (CFO). He

Carina Geber-Teir (Photo: Cargotec)

Cargotec Names Geber-Teir Senior VP, Communications

of Cargotec's Extended Executive Board and report to CEO Mika Vehviläinen.Geber-Teir joins Cargotec from OP Financial Group, where she has been a member of the Executive Board and Chief Communications Officer since 2009. Prior to this she was Communications Director at Varma Mutual Pension Insurance company.As earlier announced, Cargotec's current SVP, Communications and IR Leena Lie will take up the position of SVP Marketing and Communications at Huhtamäki Oyj latest during September

Sylvia Boer (Photo: Damen)

Damen's Boer Secures WISTA Post

, big data, health & safety, cyber security, block chain, developing cultural sensitivity and last, but by no means least, clean oceans. WISTA has 3,000 members in 40 countries from diverse maritime-related organizations including ship operators, shipyards, equipment suppliers, brokers, banks, insurance specialists, legal experts and training and research institutes. Its chapters around the world aim to support women in the industry via such means as regular meetings, workshops, presentation speeches and company visits. Last month, one such visit took place in Sharjah, when WISTA UAE visited

(Photo: Galileo Maritime Academy)

Thailand Emerges as an International Maritime Training Center

and one of the four partners in Galileo, commented, “Safety and security at sea have always been important but over the last few years there has been an international review of maritime practices and this has led to new inter-governmental regulations and training requirements.  Also insurance underwriters and ship owners are becoming aware of the need for higher standards and real practical experience in training exercises such as fire-fighting, rescue and survival operations and disaster management.  MCA certification is the standard they trust and that is what we are now able

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