Navigators Group Launches Global Transport Practice

July 18, 2005

The Navigators Group Inc. has affirmed its ongoing commitment to the insurance of transport-related business by announcing the creation of a Global Transport Practice, extending to its offices in the United States, the United Kingdom and Belgium.

The Practice leader is Jan Dela Ruelle, a well-known specialist transport underwriter, based in the Company’s Antwerp office.

Navigators’ London presence is to be strengthened by the addition of Clive Nix, from Syndicate 1036 at Lloyd’s of London, as Transport and Marine Liability underwriter in the Navigators U.K. Branch effective from September 2005. Clive is a well-regarded underwriter of many years standing and will join the underwriting team led by Richard Rea. Mr. Rea said: “We are delighted that Clive has agreed to join us, and are sure that his particular strengths will enhance the Transport account and complement the team in general. The establishment of a Global Transport Practice can only help to create a cohesive approach to this business, improve our service and provide further opportunity for growth.”

As part of a defined strategy, Navigators’ U.S. offices in New York, Houston, San Francisco, Seattle and Chicago will actively spearhead the further development of this class of business in North and South America.

Through its ‘Columbus’ policy wording, Navigators offers a comprehensive package policy designed specifically for the Transport industry, providing coverage for liability, physical damage and professional indemnity exposures to Port & Terminal Operators, Freight Forwarders, Logistics Operators, Ship Agents, Ship Brokers and the like. The latest version of this wording will be released on September 1, 2005.

The Navigators Group Inc. is an international insurance holding company with insurance company operations, underwriting management companies and operations at Lloyd’s of London. Headquartered in New York City, Navigators has offices in major insurance centers in the United States, the United Kingdom and Belgium.

Topics USA London

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