Insurance Broker will Deliver Expertise to Maritime and Cargo Industries in Eastern Virginia and Mid-Atlantic Region. Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, has announced two key appointments to strengthen its Marine Practice and drive growth across the region. Willis is a leading insurance broker that provides risk management and employee benefit solutions across a wide range of industries. With more than 2,800 clients and 400 dedicated marine professionals worldwide, Willis is one of the most trusted names in marine insurance, with expertise in hull, cargo and general marine liabilities. Willis of Virginia, Inc., which is headquartered in Richmond, includes approximately 100 Associates with additional offices in Norfolk and Reston. Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice, Willis of Virginia. They will be responsible for business development within the Marine Practice. Mr. Sykes and Ms. Sykes will also work to expand Willis’ footprint in the Virginia marketplace and align the company’s global resources to deliver outstanding risk management services to firms in the Marine industry. Commenting on these appointments, HB Whitmore, Managing Partner, Willis of Virginia said
Willis North America, a unit of Willis Group Holdings, the global insurance broker with operations in Virginia, appoints two Client Advocates. Jeremy Sykes and Francesca Sykes have been appointed Client Advocates of the Willis Marine Practice, Willis of Virginia. They will be responsible for business development within the Marine Practice. Mr. Sykes and Ms. Sykes will also work to expand Willis’ footprint in the Virginia marketplace and align the company’s global resources
Willis has named Chris Engstrom CEO of its Seattle office, one of the global insurance broker's leading U.S. operations. Engstrom brings tremendous local market knowledge and 16 years of insurance industry experience. He previously served as senior vice president for Wagle Insurance Companies in Seattle.
The upcoming Protection and Indemnity (P&I) renewal is poised to be the most challenging in a decade as a result of difficult economic conditions for ship operators, poor underwriting results and some of the largest claims in history, according to Willis Global Marine, a division of Willis Group Holdings plc (WSH:NYSE), the global insurance broker, in its annual P&I Market Review. The P&I market results last year (2011/12) showed a 13% increase in incurred claims, a 5
Willis Group Holdings has launched a new insurance facility, called Undercover, to protect cargo in transit and in store against all types of political violence, terrorism and war risks, informs shipping trade association Maritime London. The global risk adviser, insurance and reinsurance broker says that, in recent years, cargo losses worth more than one hundred million dollars have not been recovered under traditional cargo insurance policies due to critical exposures being excluded.
Shipping industry executives say the increased security threat from cyber and data privacy breaches is the number one risk to its sector, according to a new ranking released today by Willis Towers Watson (NASDAQ: WLTW), a leading global advisory, broking and solutions company. According to Willis Towers Watson’s Transportation Risk Index the second- and third-most pressing risks affecting the shipping sector are globalization of the customer base
Still more than five months later, the maritime industry continues to feel the effects from the terrorist attacks on America, as the events of September 11 have accelerated hardening market conditions in the marine sector. Prior to September, capital providers were beginning to force the upward trend of the cycle. This trend was underpinned with some withdrawal of capacity and reduction in the overall number of players through mergers or withdrawal from the class.
1881- The light was first shown at Tillamook Lighthouse, located 19 miles south of the Columbia River entrance. 1897- Secretary of Treasury empowered to bestow life-saving medals. 1969-CGC Point Banks while on patrol south of Cam Rahn Bay received a call for help from a nine-man ARVN detachment trapped by two Vietcong platoons. Petty Officers Willis Goff and Larry Villareal took a 14-foot Boston whaler ashore to rescue the ARVN troops
Mike Lapeyrouse, President and CEO of The American Equity Underwriters (AEU) said that Andrea Mills has joined the AEU staff effective May 6, 2013. Andrea has been a broker for 25 years and for the last eight years has served as Vice President, Client Advocate at Willis – Mobile. She joins AEU as Senior Vice President – Director of Strategic Business Development. www.amequity.com
Automated Technology Provides Lab-Quality Fluids Analysis On Board and In Minutes Privately held, American-based On-Site Analysis, Inc. (OSA), a manufacturer of high-tech, on-premise, automated fluids analysis equipment, has now expanded into the maritime industry with the introduction of the OBA ShipCheck, an on-board analyzer. With a physical footprint of just four square feet and weighing only 95 pounds, and using the same ASTM methods as outside labs
ABS Chief Technology Officer and University of Michigan alumnus Howard Fireman addressed students, professors and guests at the university’s 2017 Naval Architecture and Marine Engineering Department’s Captain Ralph R. and Florence Peachman Lecture to share his vision of the future of
The reemergence of organotin in marine hull coatings is of increasing concern, with academics and environmentalists calling on International Maritime Organization (IMO) to investigate the use of tin in silicone-based foul release systems and other ships hull coatings.
IMO 2020 sulfur cap: lube producers take a pragmatic approach There has been little reaction by way of statements or position papers from marine fuel lubricant manufacturers to the IMO MEPC70 proposals for a global fuel sulfur content cap of 0
Approximately 130 million Chinese citizens travel internationally, making China the world’s largest outbound travel market in the world. With one-sixth of the world’s population, many recognize this country as a market with huge potential.
An essential event for all Common Marine Inspection Document (eCMID) and Marine Inspection for Small Workboats (eMISW) stakeholders. The forthcoming Accredited Vessel Inspector (AVI) Conference will be taking place at the Novotel at Schiphol Airport Amsterdam on Tuesday April 25, 2017
Mitsui O.S.K. Lines (MOL) is pleased to announce that the United States National Oceanic and Atmospheric Administration's (NOAA) Channel Islands National Marine Sanctuary has honored MOL with an award for the company's participation in the 2016 Vessel Speed Reduction (VSR) incentive
U.S., U.K. and France began Exercise Alligator Dagger 17, April 5. The two-week multilateral amphibious exercise is taking place in international waters off the coast of Djibouti and in the vicinity of Djibouti and Arta Beach, April 5 - April 20.
ABB’s Marine Academy has been recognized by classification society DNV GL for meeting its standards for maritime training. Operating in six locations around the globe, ABB’s Marine Academy aims to reduce vessel downtime and improve safety through education
International compressor supplier TMC Compressors (TMC) said it has been awarded a contract by Daewoo Shipbuilding & Marine Engineering (DMSE) to supply a marine compressed air system to a newbuild floating storage and regasification unit (FRSU).
Next Geosolutions announced the acquisition of UK-based marine resource solutions company, RMS Submarine Ltd. The acquisition of the companies enables Next Geosolutions to focus on the operations and maintenance market, for both the cables and renewables industries
Navios Selects DuPont as Preferred Scrubber Supplier Navios ShipManagement Inc., a member of Navios Group, has issued a letter of intent endorsing DuPont Clean Technologies as the preferred supplier of exhaust gas cleaning systems (EGCS) for its vessels
STI Marine, a Division of Specified Technologies Inc., has added a new distribution center in Rotterdam, Netherlands. The central European location benefits local shipbuilders, providing an even more responsive service than before, improving availability and expediting delivery
The amphibious assault ship USS Makin Island (LHD 8) departed Hong Kong April 11, following a scheduled port visit. The four-day visit allowed nearly 2,500 Sailors and Marines assigned to the ship and embarked 11th Marine Expeditionary Unit the opportunity to experience Hong Kong's
The U.S. Customs and Border Protection (CBP) Air and Marine Operations (AMO) is responsible for security and facilitation operations at 328 ports of entry throughout the United States. Missions include the pursuit, boarding and searching of suspect vessels, seizing vessels and contraband
BMT Ship & Coastal Dynamics (BMT) announced a new contract with the UK’s Marine Accident Investigation Branch (MAIB). BMT has installed its marine navigation and maneuvering simulator, Rembrandt and will provide ongoing specialized training