Surveys and Towing Vessels in a Post-SubM World
I ran tugs in the northeast for almost 20 years before I got the bright idea to go out on my own and start a tug company. Previously, I had worked around surveyors, performed a few rudimentary surveys on tugs and barges and then had to hire a surveyor when I found a tug I liked in New England. I quickly learned that words can kill your dream and a boat. I hired a competent surveyor from a respected firm. I had been through the tug, had an engineer help me with the mechanical parts and then brought the surveyor in. One sentence killed the deal: engine wouldn’t start.
DeSimone Named President XL Insurance
XL Insurance, the insurance underwriting operations of XL Group (NYSE: XL), appointed Richard DeSimone as President of its US Ocean and Inland Marine unit. DeSimone will be based in New York and reports to Neil Robertson, Chief Executive, Global Specialty in London. ”This is a clear statement of our intent to become a more significant market for both Inland and Ocean Marine business in the United States” said Mr. Robertson. “For XL Insurance, we are fortunate to enlist Richard’s 35 years of industry experience and solid reputation to lead this initiative. DeSimone will join XL Insurance in a newly created position as President of the US Ocean and Inland Marine underwriting teams and will work closely with Colin Sprott…
Dawkins Joins Iridium Board of Directors
Iridium Communications Inc. (NASDAQ: IRDM) announced that Peter M. Dawkins, founder and principal of ShiningStar Capital LLC, and Brigadier General, U.S. Army (Retired), joined its Board of Directors. The appointment brings Iridium’s Board to ten members. Prior to founding his current firm, Gen. Dawkins was vice chairman of Global Wealth Management for Citigroup, vice chairman of the Citigroup Private Bank, and executive vice president and vice chairman of Travelers Insurance during an eleven-year tenure with the firm. Previously, from 1991-1996, he served as chairman and CEO of Primerica Financial Services, and earlier served as head of the U.S. consulting practice of Bain & Company. During his military career, Gen.
