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.