The Annual General Meeting of the International Group Managers held in London yesterday confirmed the appointment of Paul Jennings as the new International Group Chairman in succession to Hugo Wynn Williams who completed his three-year term of service and stood down at the meeting.
The Group Managers expressed their thanks to Hugo for his strong chairmanship of the Group and, in particular, for his vision and initiative in launching and overseeing a two-year root and branch review of the ways in which the Group clubs collectively deliver benefits for their shipowner members, and looking to the future, how these can be further enhanced in the interests of both shipowners and victims of Maritime incidents.
Paul Jennings added his thanks to the outgoing chairman and confirmed his commitment to progressing work on the initiatives launched under Hugo’s chairmanship and, in particular, to ensuring that the Group’s pooling and reinsurance arrangements, which support the very comprehensive cover provided to the clubs' shipowner members, evolve and adapt to meet the challenges of new technologies which are being developed within the shipping industry and the new regulatory challenges facing both shipowners and marine insurers.
Notes to Editors:
North P&I Club
North P&I Club is a leading global marine insurer providing P&I, FD&D, war risks and ancillary insurance to 195 million GT of owned and chartered tonnage. Through its guaranteed subsidiary Sunderland Marine, North is also a leading insurer of fishing vessels, small craft and aquaculture risks. The Standard and Poor’s ‘A’ rated Club is based in Newcastle upon Tyne, UK with regional offices and subsidiaries in China (Hong Kong and Shanghai), Greece, Japan, Singapore, USA and Sunderland Marine offices worldwide. North is a leading member of the International Group of P&I Clubs (IG), with over 12% of the IG's owned tonnage. The 13 IG clubs provide liability cover for approximately 90% of the world's ocean-going tonnage and, as a member of the IG, North protects and promotes the interests of the international shipping industry. For further information, visit: www.nepia.com