Simplified Insurance Products News

Insurer Targets Growth in Offshore Sector

The Shipowners’ Club recently announced measures to reorganise its London branch. This included the setting up of two internal syndicates, bringing together both underwriters and claims handlers specialising in specific geographical regions; a third syndicate will focus on the offshore sector. Providing liability insurance to the vast array of offshore and platform support vessels, from anchor handlers, tugs and workboats to the fast crew boats employed in the energy industry, already forms a prominent part of the Club’s portfolio. Shipowners plans to develop its reach to owners and brokers of this vessel type even further. Charles Hume…