Insurance and Reinsurance

Of Nuts and Bolts*

by John Faraclas

The best ever global social event of its kind over the last 40 years in the British capital – the administrative capital of Shipping, was by far, the 30th Anniversary Ball of HESGB at the iconic West End venue JW Marriott Grosvenor House on Park Lane, adjacent to Hyde Park.

842: the pin number unlocking success!

Breaking all previous records with 842 members, friends and guests from just over 40 nations:

  • a warm welcome and registration from twelve young volunteers supervised by...

https://allaboutshipping.co.uk/2025/03/03/of-nuts-and-bolts/

REBRAIN GREECE London – Unlock Career Opportunities in Greece

REBRAIN GREECE London – Unlock Career Opportunities in Greece

The Hellenic Ministry of Labour and Social Security is delighted to invite you to the REBRAIN GREECE London 2025 event, taking place on March 29th, 2025, at the Novotel London West.

This exclusive, free-of-charge event is designed for Greeks residing in the UK who are considering career opportunities back in Greece. Meet representatives from leading companies across multiple industries, explore exciting job openings, and even...

https://allaboutshipping.co.uk/2025/03/02/rebrain-greece-london-unlock-career-opportunities-in-greece/

New London Market Construction and Engineering Group formed

A new London Market committee for construction and engineering claims professionals has been established by the International Underwriting Association (IUA). The group will meet regularly providing a formal discussion forum for company representatives. It will promote good practice, host educational presentations and share industry insights.

Joe Shaw, Senior Underwriting and Claims Executive at the IUA, said: “Our Construction and Engineering Claims Committee offers an exciting opportunity for...

https://allaboutshipping.co.uk/2025/02/11/new-london-market-construction-and-engineering-group-formed/

IUA publishes Cyber Business Interruption Report

Helen Dalziel

Cyber business interruption risks should receive the same level of attention as that given to information technology security controls and ransomware threats, a new report by the International Underwriting Association has stated.

Research conducted by the market body in association with Baker Tilly analyses claims experiences from the last few years. It concludes that whilst understanding of cyber business interruption has come a long way, there is still work to be done to improve...

https://allaboutshipping.co.uk/2025/02/10/iua-publishes-cyber-business-interruption-report/

Third Reminder: The Top One Hundred Women in Shipping by All About Shipping for 2024

by Anny Zade

Good Evening and Happy Month to all all over Planet Ocean!

Here we go again for our Sixth Top One Hundred Women in Shipping! This is the most popular of all events and awards! We are already thrilled with the interest sawn all these years and we look forward to a great event.

Now, do please read carefully the Rules:

1. One vote is permitted per person by email to nominate your chosen woman for the list, stating the reason for your choice in not more than 50 (fifty) words and the...

https://allaboutshipping.co.uk/2025/02/01/the-top-one-hundred-women-in-shipping-by-www-allaboutshipping-co-uk-for-2024/

McKenzie Intelligence Services Affirms Security Credentials with ISO 27001 Certification

London, 22 April 2022: Geospatial imagery and re/insurance intelligence company, McKenzie Intelligence Services (MIS), is delighted to announce that it has received ISO 27001 certification – the internationally recognised standard for the establishment and certification of an information security management system. 

The ISO framework helps companies to ensure they have completed all the requirements and checks to have secure information systems that are able to document sensitive information...

https://allaboutshipping.co.uk/2022/04/22/mckenzie-intelligence-services-affirms-security-credentials-with-iso-27001-certification/

Chalos & Co, P.C. Obtains Complete Defense Verdict Following a Bench Trial in the Eastern District of New York

Michael Chalos

Michael Chalos and co-counsel Frank Ambrosino, with the assistance of Melissa Russo, successfully defended HMS Bounty Organization, LLC (“HMS Bounty”) and Robert Hansen (collectively the “Defendants”), in a recent bench trial before the Honorable Diane Gujarati in the United States District Court for the Eastern District of New York.  Judge Gujarati issued her decision on April 11, 2022 finding that the Plaintiff, Acadia Insurance Company (“Acadia”), had failed to prove any of its...

https://allaboutshipping.co.uk/2022/04/19/chalos-co-p-c-obtains-complete-defense-verdict-following-a-bench-trial-in-the-eastern-district-of-new-york/

Michel M. Liès to succeed Denis Duverne as Chair of the Insurance Development Forum’s Steering Committee

Michel M. Liès

London, 19th April, 2022: The Insurance Development Forum (IDF) is delighted to announce the appointment of Michel M. Liès as its next Steering Committee Chair with effect from 19th April 2022. The IDF is a public / private partnership led by the insurance industry and whose members include the United Nations, World Bank and other international organisations.

Michel M. Liès, who is Chairman of Zurich Insurance Group (Zurich) and Deputy Chair of the IDF Steering Committee, will...

https://allaboutshipping.co.uk/2022/04/19/michel-m-lies-to-succeed-denis-duverne-as-chair-of-the-insurance-development-forums-steering-committee/

Experts expound practical aspects of collision claims to underwriters and average adjusters

Michiel Starmans of Spliethoff (chairman of the Association of Average Adjusters); Alistair Johnston, partner at CJC Law; and Chris Zavos, partner at Kennedys.

London, Monday 28th March 2022:   A raft of consequences faces shipowners, insurers, and adjusters in dealing with the aftermath of ship collisions, speakers at the latest joint seminar in London of the Association of Average Adjusters and the International Underwriting Association made clear.

Casualties harbour potential cost implications...

https://allaboutshipping.co.uk/2022/03/28/experts-expound-practical-aspects-of-collision-claims-to-underwriters-and-average-adjusters/

IUA Survey shows insurers covering emerging technologies

IUA Survey shows insurers covering emerging technologies

More than half of companies polled in a new International Underwriting Association (IUA) survey are already providing insurance for devices linked to the ‘Internet of Things’ and unmanned aerial vehicles (UAVs). The research showed how London Market companies are developing new products to cover emerging technologies, with around 30% of firms already insuring smart medical devices and artificial intelligence.

A total of 20 companies were...

https://allaboutshipping.co.uk/2022/03/09/iua-survey-shows-insurers-covering-emerging-technologies/

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