Travelers Names Ray Martino President of Ocean Marine

Friday, August 12, 2011
Raymond T. Martino, President, Travelers Ocean Marine unit

HARTFORD, Conn., August 11, 2011 – The Travelers Companies, Inc. is pleased to announce the appointment of Raymond T. Martino as the President of its Ocean Marine business unit. Martino is responsible for the overall leadership and management of Travelers Ocean Marine, which provides highly specialized property and liability insurance products for maritime-oriented risks including commercial hulls, cargo, luxury yachts, port authorities, shipbuilders and numerous other specialized exposures.


“Ray is an accomplished professional and a tremendous asset to Travelers with more than 30 years of experience in the Ocean Marine insurance industry,” said Jim Chapman, President of Travelers First Party Business Group. “From underwriting and field operations to product development and marketing, Ray has all of the skills and experience needed to lead this business.”


Prior to this appointment, Martino served as Vice President of Field Operations for Ocean Marine. Previously, he was theChief Underwriting Officer for Ocean Marine, and from 2000 to 2003, he served as the head of the Ocean Marine operation for Atlantic Mutual, which was later acquired by Travelers. Martino is based in New Jersey and reports to Chapman. This appointment is effective immediately.
 

 “I am very pleased with our industry leadership position in this market. Under Ray’s guidance and with the strength of his team, our Ocean Marine business is well positioned for continued future success,” said Chapman.
Martino is a member of American Institute of Marine Underwriters (AIMU), the American Bureau of Shipping and the National Cargo Bureau. He serves on the Board of Directors for the Life Saving Benevolent Society, American Hull Insurance Syndicate, Water Quality Insurance Syndicate and the American Institute of Marine Underwriters. Martino holds a bachelor’s degree from Carnegie Mellon.
 

  • About Travelers

The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business.  The company’s diverse business lines offer its global customers a wide range of coverage sold primarily through independent agents and brokers. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and operations in the U.S., Canada, U.K. and Ireland.  The company generated revenues of approximately $25 billion in 2010. For more information, visit www.travelers.com.

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

Matson Raises Guam, Micronesia Rates

Matson, Inc., a U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. will raise its rates for the company's Guam/Commonwealth of the

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

Ports

Vacant Pier to Help Ease Long Beach Congestion

Pier S temporary depot to relocate empty containers for next five months    The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

Vacant Pier at Long Beach Port to Ease Congestion

The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will

News

US House to Hold Hearing on Oil Export Ban

A House of Representatives panel will hold a hearing on Dec. 11 to explore whether a decades-old law that prohibits the export of crude oil makes sense in an era of domestic energy abundance.

Bollinger Delivers 11th FRC to the US Coast Guard

Bollinger Shipyards, Inc. has delivered the William Trump, the 11th Fast Response Cutter (FRC) to the United States Coast Guard.   The announcement was made by Bollinger Chief Operating Officer,

Australian Defence Minister Says Would Not Trust Submarine Firm to Build Canoe

Australia's defence minister has said he would not trust state-owned Australian Submarine Corp (ASC) "to build a canoe", fuelling expectations that most work in

People in the News

Vietnam Warship Visits Underscore Regional Tension

Vietnam on Tuesday showed off its two most powerful warships in the first-ever port call to the Philippines but an official said it was not trying to challenge

Frontline Disappoints with Deeper 3Q Loss

Frontline, once the world's biggest crude oil tanker company, reported a bigger than expected third-quarter loss on Tuesday and said it is still considering options

Greece Deploys Frigate to Stricken Rescue Ship

Greece has sent a frigate to rescue a container ship believed to carrying hundreds of undocumented migrants and in distress off its southern island of Crete, the Greek coastguard said on Tuesday.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Salvage Ship Electronics Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.3353 sec (3 req/sec)