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Business & Economy

North East shipping insurer grows workforce and makes senior promotions

Shipping insurance specialist North P&I Club has grown its team during lockdown with number of new hires and senior promotions.

The Tyneside-based firm, which operates across the world, has recruited 18 people since lockdown started in late March, as part of a move to strengthen and diversify the business.

A series of senior promotions have also been made as part of a move to support North’s expanded services.

A trio of North employees with extensive shipping experience – Allistair Ridgley, Sam Nicholls and Stephen Sayer – have all been appointed to the roles of deputy director (claims), each with their own areas of focus.

Allistair will work in North’s Asia team, specialising in admiralty claims – part of North’s insurance services that deal with collision incidents.

Sam Nicholls will also work within the Asia team, focusing on North’s members in the Middle East and India. And Stephen Sayer will work within North’s Europe team, specialising in admiralty claims.

Meanwhile, James Connell has been appointed as an underwriter in the shipping insurer’s new North Hull division – a fixed premium product targeted at ocean-going vessels that launched earlier this month.

James, who has more than 40 years’ experience in the industry, joins Alex Fuller and James Sutton who have already been appointed to the team.

Chief executive Paul Jennings said: “Our expert team is the greatest asset we have in helping to protect our members.

“We’re extremely pleased to be strengthening that team with a series of first-class new hires and promotions across our service lines.

“This year is uniquely challenging for shipping operates who face the impacts of COVID-19 and our own expansion will make sure we can deliver high-quality cover, support and advice to this critical industry.”