Category Archives: Marine

The strategic opportunity of risk in the transportation industries

The transportation sector’s intimate relationship with the global economy means that its modern practitioners face risks that are influenced by factors such as increasingly complex markets commercial alliances transient workforces disparate regulatory frameworks the inexorable march of technology geopolitical shifts … Continue reading →

Navigating cargo risks following Hanjin’s collapse

After Korean creditors pulled the plug on Hanjin’s financing in the last days of August, ramifications are being felt throughout its supply chain. Continue reading →

The risk manager of the future

Some people miss the good old days. I don’t. I’ve been around since the days when business was done on a napkin with people who were more like buddies than business partners and yes, when the deal was done, there … Continue reading →

Maritime Corporate Risk Now Has a Human Face in an Increasingly Difficult Regulatory Environment

Huge ships in port

The regulatory tides have recently shifted toward holding top management more accountable for company performance at a time when the insurance products which cover the liability of directors and officers (D&O) are steadily growing in complexity. Continue reading →

Shipping Week Attendees Told to Expect More Trade Volatility

Delegates at the myriad events that comprised London International Shipping Week (LISW) this year were warned to expect more trade volatility and a continuously shifting commercial seascape as global economics shift and new technologies make their presence felt. Continue reading →

“Smart” Ships Vulnerable to Cyber Attacks

marine danger

Many of the world’s leading shipowners and port operators are undertaking a rapid digitalisation of their businesses in the pursuit of greater operational efficiency, profitability and growth. The increased use of computerised systems for everything from navigation to container inspection … Continue reading →

Maritime Piracy Increases in Southeast Asia; Improves Off of Africa

night vision ship

Most ship owners have benefited from reduced insurance premiums due to the gradual reduction in global marine piracy in the past few years, but a recent uptick of serious threats in Southeast Asia could prompt a reversal of those fortunes. … Continue reading →

Large Ship Losses Continue to Trend Lower, But Emerging Risks Are Over the Horizon

ship-gold

The decade-long trend of fewer large ship losses continued during 2014 according to “Safety and Shipping Review 2015” recently released by Allianz Global Corporate & Specialty (AGCS). This correlates pretty closely with our observation that losses caused by mechanical failure … Continue reading →

Eternizado na história e na memória da Willis, naufrágio do Titanic completa 103 anos

Imagem fictícia do navio, no filme Titanic (Divulgação/IMDB)   Passado mais de um século, o naufrágio do Titanic ainda ocupa o imaginário das pessoas por sua magnitude, legado e mistério, permanecendo também na memória da Willis, corretora do navio na … Continue reading →

Are Cargo Insurance Policies Still Fit for Purpose?

As we celebrate the recent visit of Queen Elizabeth II to Lloyd’s to mark its 325th anniversary, it is also an opportunity to consider if the market is continuing to evolve and meet the needs of our clients in modern … Continue reading →