North has appointed Peter Thomas as Deputy Business Claims Manager and Laura Gilbert as Underwriter within the Group’s Owners’ Fixed Premium P&I (OFP P&I) team in a significant expansion of Sunderland Marine’s London-based team. Thomas has over 17 years’ experience in senior claims roles with several mutual and fixed marine insurers in the London market, .
Press Release – Global marine insurer North has reinforced its strategy for premium diversification with two major additions to its Sunderland Marine Owners’ Fixed Premium P&I team. North has appointed.
North posts solid renewal results after P&I’s challenging year
North P&I Club has reported continuing growth in its diversified business lines and solid progress in raising premiums to reflect market conditions and is expecting to see a small tonnage reduction after a planned de-risking exercise.
The attention to risk, revenue and diversification leaves the global marine insurer in robust financial shape, despite Covid-19 challenges and what North Chief Executive Paul Jennings describes as “a very demanding renewal for our P&I mutual business”. This year’s renewal has been the first in North’s 160-year history to have taken place virtually, without face-to-face discussions.