marine insurance News

Greece Aims to Attract U.K. Shipowners, Insurers & Brokers Seeking Brexit HQs

The Greek government wants to persuade shipowners and shipping-insurance companies based in London to move their European Union headquarters to Greece as the U.K. prepares to exit the bloc. “We’re in contact with five large ship-insurance brokers who are considering …

Mathies Joins Fidelis in Houston as Sr. Marine Underwriter

Fidelis Group Holdings LLC (FGH), with its subsidiary Continental Underwriters Ltd., hired Dennis Mathies as a senior marine underwriter based in Houston. Mathies will be responsible for expanding the group’s brown water hull, liabilities and cargo product lines. Mathies has …

MGA Globe Underwriting Launches Marine Division with UK, Int’l Focus

Globe Underwriting, the UK-based managing general agent, has announced the launch of its marine division. The five-strong team is led by Peter Rogers, head of marine, and David Dymond, head of underwriting. They will report to Gary Corke, CEO, Globe …

BMS Harris & Dixon Marine Taps H.W. Wood’s Hoare as Managing Director

BMS Group Ltd., the independent, re/insurance broking arm of Minova Insurance, announced that John Hoare has been appointed managing director of BMS Harris & Dixon Marine, BMS’ specialty marine division. Hoare succeeds current managing director Tony Pryce, who will remain …

ArgoGlobal Appoints Montellier as Yacht Underwriter

ArgoGlobal announced the appointment of Karen Montellier as yacht underwriter. She takes up the role with immediate effect and will report to Michael Thompson, hull and yacht class underwriter. Montellier brings more than 25 years’ experience in the marine sector …

Neon Launches Marine & Offshore Construction Consortium

Specialist Lloyd’s underwriter Neon has launched a Marine and Offshore Construction Consortium. Seeking to address the increasingly tailored insurance needs of shipyard clients, the Neon led-consortium offers $70 million capacity for shipyard construction and $55 million for rig construction, said …

RSA Begins Trading on London Market Placing Platform, PPL

International insurer RSA has begun trading on the London insurance market’s electronic placing platform, PPL (Placing Platform Ltd.), which enables brokers and underwriters to quote, negotiate, bind and endorse business using one market-wide system. RSA’s Profin underwriting team is now …

Canada’s Eagle Underwriting Teams Up with MS Amlin’s RaetsMarine

Canada’s Eagle Underwriting Group Inc. has teamed up with MS Amlin Marine NV, trading as RaetsMarine, to offer protection & indemnity (P&I) and charterers’ liability insurance in the Canadian marine market. Established in 1996, Eagle Underwriting is a Brampton, Ontario-based …

RSA Names Gearey as Managing Director of Commercial Risk Solutions

London-based RSA has appointed James Gearey as managing director for Commercial Risk Solutions (CRS) from June 5, 2017, subject to regulatory approvals. Gearey has spent the past nine years at Siemens Financial Services, most recently as chief executive, Commercial Finance …

London Market’s Placing Platform, PPL, Expands Offering with Marine Lines

PPL, the London market’s electronic placing platform, announced that marine business is now available to be bound on the PPL platform. The platform began trading stand-alone terrorism risks in July 2016, and now writes political violence, financial and professional lines, …