Michael Else & Company Launch New Insurance Cover

press release
Monday, October 03, 2011

Michael Else & Company, manager of the Charterers P&I Club and Transmarine, has launched a new product to provide innovative insurance solutions worldwide for small and medium-sized multimodal transport operators and shipping intermediaries such as freight forwarders, NVOCCs and ship agents.
 
 

The new product, Portside Insurance Management Services operates as a brand within Michael Else & Company’s existing structure and the security is provided 100 per cent by Torus Insurance (UK) Ltd, rated A M Best A- (Excellent).
Christopher Else, Managing Director of Michael Else & Company, says, “We are excited to be launching a new product that fits so well with our existing brands and which will immediately benefit from our established network of clients, brokers and suppliers. We are also delighted to be developing a relationship with Torus Insurance (UK), which is rapidly establishing itself as an important global player in the international marine insurance market. We have come a long way since our foundation in 1974 and earlier this year celebrated the 25th anniversary of the Charterers P&I Club.”

 

Alexander Brewster, a respected underwriter in this sector, has been appointed as the Class Underwriter for Portside. He notes, “We are pleased to have the opportunity to develop Portside and are confident that, with the existing resources and networks available through Michael Else & Company, Portside will be a success.

 

Demian Smith, Global Head of Marine at Torus Insurance UK, says, “We welcome the opportunity to work with Michael Else & Company in the development of this new product. Portside is very focused on the small-to-medium size operators in this sector because it is clear that there is a lack of high-quality, well-managed insurance products on offer to them.”
www.portsideinsurance.com
 

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

New Products

First ME-LGI Engine Test Deemed a Success

Mitsui tests first commercial model on HFO and methanol   MAN Diesel & Turbo licensee Mitsui Engineering & Shipbuilding Co., Ltd. (MES) recently demonstrated

SevenCs Launches New ECDIS Kernel

The new version of the SevenCs ECDIS Kernel SDK (Software Development Kit) 5.20 has been designed to meet all future requirements of the latest international standards

Samsung Bags Order for Decks on Johan Sverdrup

Statoil, on behalf of the Johan Sverdrup license, has awarded Samsung the contract for decks for both the process and riser platforms.  The total contract value is NOK 7 billion.

People in the News

Chinese PM Inks 2 Agreements During CMA CGM Visit

The CMA CGM Group hosted the Chinese Prime Minister, the French Foreign Affairs Minister and a ministerial delegation at its headquarters in Marseilles, July 1, the global shipping company announced.

SUNY Maritime to Host e-Navigation Conference

The e-Navigation Underway 2015 – North America conference will be hosted by The State University of New York (SUNY) Maritime College from September 28 to 30 on the college’s Throggs Neck, N.

Union Vows More Channel Tunnel Disruption

Ferry workers will disrupt traffic through the sub-sea Channel tunnel between France and Britain for 48 hours from midday on Thursday, a union official said. "We

 
 
Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Ship Electronics Ship Simulators 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: 0.1606 sec (6 req/sec)