XL Group’s Ocean Marine Unit Expands Brown Water Business

(Press Release)
Friday, March 23, 2012

XL Group plc’s North American Marine business has boosted its underwriting expertise with the addition of Chris Cooke who has joined as Vice President, Hull and Liabilities. 

According to Richard DeSimone, President of XL Group’s North American Marine business, “We are very pleased to have Chris join our team as we look to expand our Brown Water Hull, P&I and Primary Marine Liability capabilities.  XL has long been a market leader in Excess Marine Liabilities, and we believe that extending our reach into these lines of business will help us address more of our clients’ coverage needs.”
“Over the last year, we’ve expanded our underwriting team to trading hubs in Cleveland, Baltimore, Richmond and Atlanta along with existing operations in New York putting us in closer proximity to our clients. Part of that expansion is developing additional coverages that will allow us to address even more of our clients’ risk management needs,” explained Mr. DeSimone.  
Cooke previously worked at Travelers, where he was the National Hull and Liabilities Practice Leader.  Among his primary responsibilities were the development of policy forms, underwriting manuals, procedures, and initiatives to drive growth in Hull, P&I, Marine Liabilities, Marine Professional Liability and Excess Liabilities. He started his career with MOAC/Continental where he worked in both field and Home Office positions in the Hull & Liabilities and Excess departments. He also ran the Marine Department in Hong Kong for two years working with MOAC/Continental-owned Lombard General Insurance. A graduate of SUNY Maritime College, where he earned a USCG Third Mates License, Mr. Cooke is also a Lieutenant with the NY Fire Department. 
Maritime Reporter April 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

PSA Starts Expansion Work on 2m teu Panama Terminal

Singapore-based port operator PSA Panama International Terminal (PSA Panama) has started a USD 400 million expansion of its container terminal located on the west bank of the Panama Canal Pacific.

Long Beach Picketers Not Striking -Port CEO

Port of Long Beach CEO Jon Slangerup issued a statement addressing the status of picketing truckers at the harbor, pointing out that the demonstration is not a strike.

E-Procurement Streamlined via the Cloud

Marine Procurement Solutions (MPS) has built an electronic platform that aims to enhance the purchasing cycle for the maritime industry. MPS provides software,

Finance

Scorpio Bulkers Sells Three Vessels

Scorpio Bulkers has agreed to sell two new capesize bulk carriers and an ultramax for a combined $111m to an unknown buyer.   The two capes are currently under

Hung Hom Dredging Kicks Off

Marine works involving dredging operations will be carried out near the Hong Kong Coliseum, Hung Hom for the next ten months, according to mardep.gov.hk.   The

US Designates Three Marine Highway Projects

U.S. Transportation Secretary Anthony Foxx has designated three new Marine Highway Projects.   The Mississippi and Illinois Rivers, previously designated as the M-55 and M-35,

Insurance

London P&I Club Issues Recommendations on Bauxite Cargoes

The London P&I Club has issued a list of recommendations to owners contemplating the carriage of bauxite cargoes in the wake of renewed concerns about the dangers

Shipoweners Warned to be Prepared for Migrant Rescues

The North P&I club has warned its shipowner members of the need to be properly prepared to meet their moral and legal obligations to rescue migrants at sea. In

Lagos Port Drags on Africa's Top Economy

Ruling party reforms improved Apapa port; shippers still face delays and corruption. The road leading to the Lagos port, which handles nearly everything that Africa's biggest economy imports,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1144 sec (9 req/sec)