marine News

Ironshore Australia Launches Marine Unit to Cover Fine Art, Specie, Cargo Classes

Ironshore Australia has entered the fine art, specie and cargo insurance sectors in Australia through the creation of a new marine unit. Ironshore’s team will focus on underwriting a range of both static and transit fine art risks for Australian-based …

Willis Launches Global 360 to Specialty Clients

Willis Limited, a subsidiary of Willis Group Holdings Plc, has announced the first set of insurers offering to support Global 360, which it described as “a pioneering suite of capacity facilities for its specialty insurance clients. The rollout of Willis’ …

England joins Global Special Risks (GSR) as President and CEO

Houston-based Global Special Risks LLC (GSR), part of Ryan Specialty Group LLC, announced that Steven J. England has joined GSR as president and CEO. England was formerly with Ironshore as executive vice president for U.S. Field Operations for Ironshore U.S., …

Tower Group International Enters Marine and Energy Market

Tower Group International, Ltd. has entered into the marine and energy insurance market. Tower’s new marine and energy team will be led by Tom Guarnera and Jeff Kaufmann, who are joining Tower from the U.S. office of ANV Holdings BV, …

Videotel Launches Revised Piracy and Armed Robbery Program

As pirates continue to capture vessels and kidnap crews, most recently off the coast of Nigeria, “ship owners, ship managers and operators are once again forcibly reminded of the need to take steps to protect the safety of their crew, …

Ship Safety Rules To Be Reconsidered for Bay Bridge in Northern California

Days after an oil tanker struck a San Francisco-Oakland Bay Bridge tower, the Coast Guard is calling for reconsideration of rules that allow large ships to sail in fog near the span in Northern California. The San Jose Mercury News …

Hull & Company Opens New Marine Department

Hull & Company has now opened a new marine department at its Stockton, Calif. location and has appointed marine risk specialist Quincy M. Schmit as commercial lines marine broker. The Stockton marine department will offer full access to competitive markets …

Carr Joins Mitsui Sumitomo at Lloyd’s to Expand Marine Liability Market

Mitsui Sumitomo at Lloyd’s announced the appointment of Darren Carr as Class Underwriter for its marine liability underwriting account in a move designed to expand that sector of its business. Carr joined Mitsui Sumitomo at Lloyd’s from Hiscox where he …

GAC Maritime Security to Provide PirateFence™ Vessel Protection

GAC Maritime Security announced that it has entered into a strategic partnership with Mobile Defense Systems LLC “to provide PirateFence™ anti-grapple razor wire to protect vessels from attacks by sea criminals. This marks the latest addition to GAC Maritime Security’s …

UN Security Council Debates Spread of Piracy

Centuries after piracy was recognized as the first international crime against humanity, its spread around the world has prompted the U.N. Security Council’s first debate Monday on piracy’s rise as a threat to world peace and security. In the past, …