Maritime Jobs
Friday, November 8, 2024

Insurance Market News

Kevin King (Photo: TT Club)

Kevin King Takes Over as TT Club CEO

said, “Kevin is well-positioned to lead TT into a challenging future. His vast experience of the mutual insurance model, vision in harnessing new technologies and well-honed management skills will ensure TT continues to evolve in step with both global transport developments and a dynamic insurance market. The TT main board and I have every confidence in his leadership abilities and I welcome him to his new role.”Fenton will remain close to the business. He has been chairman of Thomas Miller Holdings since 2021 and will continue as a member of the TT Club Board and in the promotion of the

Pat Stoik courtesy of Ascot

Ascot Appoints New Head of Marine

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 years

© Eugene / Adobe Stock

Seafarer Shortage Stands in Way of Ukraine Grain Corridor

assist the Ukrainian authorities to sweep these mines and create a safe corridor, seafarers will face significant personal risk sailing through these stretches of water," Stephen Cotton, General Secretary of the International Transport Workers' Federation (ITF), told Reuters.London's insurance market has placed the entire region on a separate high-risk list, meaning soaring costs for shipments.Juan Luciano, chief executive of multi-national food and commodities company Archer-Daniels-Midland, told an earnings call on Tuesday there were "issues about insurance" and financial guarantees

Claudio Chiste & Gustav Ellingsen

London Shipping Professionals Weigh in for SPNL Report

is London’s rich maritime heritage. This has been built up over centuries and the reputation established by the Baltic Exchange for trust in transactions: ‘our word, our bond’. Not capitalising on these strengths could jeopardise London’s strong market position – the insurance market and the global/open nature of the economy having been highlighted as two of London’s major strengths. This needs to be showcased to the world, with the inaugural London International Shipping Week playing an important role in this. London is the location for highly developed, and sometimes

Hill Dickinson Bolsters Its Asian Presence

Kong will join its Singapore office in September as a legal director, but said further details will be announced shortly. Edwards has over 18 years of experience in handling shipping, trade and insurance disputes in Singapore and the Southeast Asia region and is a leading figure in the marine insurance market in Singapore. He is a ranked individual in Chambers Global Directory and has been named a Top Ten Legal Personality in the Lloyds List annual global review of the most influential people in shipping. Kennedys Partner Anthony Woo will join the Hong Kong operation in September. Anthony has

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