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Thursday, March 28, 2024
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The Hanover Insurance Group News

20 Nov 2017

Brexit Prompts North P&I Club to Set up Dublin Subsidiary

British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first of these specialised providers to announce such a move. Insurers are making contingency plans after Britain’s vote to leave the EU means they could risk losing “passporting” rights that allow UK financial services firms to trade in Europe without the need for locally regulated entities. Britain dominates the global marine insurance market and losing access to specialist Protection and Indemnity (P&I) clubs like North could weaken other parts of the country’s multi-billion pound shipping services sector.

16 Apr 2010

Inland Marine Underwriters 80th Anniversary

The Inland Marine Underwriters Association (IMUA) will be celebrating its 80th anniversary, during its annual meeting, this May at the Kingsmill Resort & Conference Center in Williamsburg, VA, May 16-19, 2010. Rich Soja, the current IMUA chairman, will kick things off by introducing Sophia Phillips, The Hanover Insurance Group, as the new chair of the IMUA. Ron Thornton, IMUA President & CEO, will be delivering the State of the Association report. Following these presenters will be a full schedule of educational sessions and trade show participation over the course of the meeting. On Monday, May 17, 2010 attendees will hear from the Chairman and CEO of Willis North America, Donald J.