MS Amlin creates P&I association with Hydor
ACPII created to support and promote global P&I markets
MS Amlin and Hydor have formally launched the Association of Commercial P&I Insurers Limited (ACPII).
The ACPII has been founded to support and promote commercial protection and indemnity (P&I) in the global markets.
As part of its strategic initiatives, ACPII will liaise with stakeholders relevant to the shipping industry such as government agencies, regulators, trade associations and other international maritime and financial organisations.
Bianca te Poele, Liv Irene Loland, Eugène van Steekelenburg and Johan Gjernes have accepted the position of directors of the Association.
Both of its parent companies deal in the P&I market.
Hydor underwrites owner’s (P&I), charterer’s P&I, freight demurrage & defence, energy, marine equipment and related covers. Hydor AS is a Lloyd’s managing general underwriter.
MS Amlin Marine offers insurance solutions for shipowners’ P&I, charterers’ liability, hull, cargo, cargo liability, yacht, specie and war.
In addition, Bert Wardetzki has been appointed head of the secretariat and secretary to the Association.
Tom Oostra, managing director of MS Amlin Marine, said: “We have been long-standing advocates for a body to represent the common interests of commercial P&I insurers, so welcome the formation of the ACPII.”
“The world of P&I insurance is very complex with a myriad of stakeholders,” said Morten Skomsoy, managing director of Hydor. “We fully support an Association to represent the interests of the commercial P & I insurers in this rapidly changing world.”