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Kevin Wolfe, president and chief executive of Marcato, is one of four veterans who have joined forces to create a new specialty marine underwriting agency, Marcato Marine Insurance Services.
Risk transfer and risk mitigation both figure prominently in addressing climate change.
Newly elected IUMI president Frédéric Denèfle shares his thoughts on marine insurance looking into the next few years.
A new consortium will allow seven marine insurers to more efficiently share coverage on small and midsize projects.
Zurich Insurance Group’s global head of marine, Howard Kingston, shares his insights on key risks impacting the marine line.
Even with fewer lost ships in 2021, big ships still sink, and crews want solutions to stop losses.
A ship fire that destroyed luxury vehicles raises the question: whose insurance will cover these losses?
This year, six brokers from across the brokerage field were named as the 2022 Marine Power Broker winners. An additional broker was named as a finalist.
Melanie Waltrich of Marsh found marine to be the perfect intersection for her skills in international business and insurance.
In March, a large container ship blocked the Suez Canal for six days, costing nearly $400 million an hour in global trade losses. Now, cargo and vessel owners are asking, “Who foots the bill?”
Despite little immediate property loss, megaships pose serious challenges to marine insurance and risk management.
Before he became a marine insurance broker, Marsh’s Christopher Maro spent three years serving as a third mate on merchant vessels.
Six commercial insurance brokers in the marine sector were named 2021 Power Brokers.
RIMS names a 2020 Risk Manager of the Year, Marsh appoints a new global leader of multinational client service in this edition of People on the Move.
As the effects of rapid climate change rage on, vital ecosystem services are diminishing. The cost to the global economy could be devastating.
This year, six brokers from across the brokerage field were named as the 2020 Marine Power Broker winners. One additional broker was named as a finalist.
A freight carrier accused of price fixing is on the hook for its defense after late notice was given to its insurance company.
A 2011 staged pirate attack on a Greek cargo vessel was an outlandish attempt to collect an insurance payment. These extreme fraud claims pose a legitimate threat to marine underwriters.
Hiscox hires Landon O’Hara, American P&I Club Managers expands their global service team threefold and more in this edition of People on the Move.
A look at recent court decisions and how their rulings have an impact on risk management and the insurance industry.