Willis taps Marsh for key appointments

Willis taps Marsh for key appointments

Willis taps Marsh for key appointments

Willis Towers Watson has tapped Marsh for its new head of marine broking, and power and utilities CEEMA region leader. Willis Towers Watson has appointed David Ripton as head of broking, global marine in its corporate risk and broking unit. Mr Ripton joins Willis’s global marine team from Marsh, where he worked as CEO for UK marine business. In his…

UK P&I Club issues maritime burn risk guide

UK P&I Club issues maritime burn risk guide

UK P&I Club issues maritime burn risk guide

UK P&I Club has warned of burn risks to personnel at sea and issued a prevention guide for shipowners. UK P&I Club said a “worrying number” of crew suffer pain, disfigurement, amputations and loss of life as a result of burns, with ships often far away from immediate medical treatment. Captain David Nichol, senior loss prevention executive at UK P&I…

Aon launches insurtech consultancy for marine risks

Aon launches insurtech consultancy for marine risks

Aon launches insurtech consultancy for marine risks

Aon has launched a new marine consultancy service with software firm Skytek that uses real-time satellite data to track insureds’ ships and cargo, reducing accumulation risk and potentially offering better insurance cover and pricing. Aon said mega-ports and the increasing size of container ships put insurers and reinsurers at risk of accumulation, particularly during a catastrophe. The insurtech initiative uses…

Specialty insurer StarStone appoints Agile as MGA in Australasia

Specialty insurer StarStone appoints Agile as MGA in Australasia

Specialty insurer StarStone appoints Agile as MGA in Australasia

Lloyd’s coverholder and managing general agent (MGA) Agile Underwriting has been appointed as a representative agent by specialty insurer StarStone in Australia and New Zealand. StarStone, which is owned by Bermuda-based Enstar, has decided to close its Sydney office following a strategic review, choosing instead to appoint Agile, which bills itself as an insurtech-powered MGA. The two businesses have been…

TT Club appoints senior underwriter in UK, Benelux and Nordics

TT Club appoints senior underwriter in UK, Benelux and Nordics

TT Club appoints senior underwriter in UK, Benelux and Nordics

Transport and logistics insurer TT Club has named Andrew Peers as senior underwriter for its UK, Benelux and Nordic team. Mr Peers joins from RSA, where he worked for 17 years and led the marine liability and marine property unit. He will report to TT Club’s EMEA regional director Mark Argentieri. In his new role, Mr Peers will head up…

IUMI president warns over state of marine market and Brexit

IUMI president warns over state of marine market and Brexit

IUMI president warns over state of marine market and Brexit

The president of the International Union of Marine Insurance (IUMI) has warned that the marine insurance sector is facing its “most significant challenge” for the last 25 years as it attempts to come to terms with unprofitability and heavy losses. He also said it remains far from clear if, and how, the London market will be able to serve companies…

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