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Business & Economy

Tyneside’s North P&I Club launches new technology

Shipping insurance specialist, North P&I Club, has launched its new suite of digital tools designed to help ship owners and operators keep their vessels safe from major operational threats and incidents, such as piracy and war.

The Newcastle-headquartered company, which provides insurance to ship owners and operators around the world, will help its customers stay safe with innovative digital advice tools in multiple languages, including Mandarin and Japanese.

An example of the investment is GlobeView – an interactive 3D map which the firm’s customers can use to identify commercial risks and physical threats to shipping around the world.

Through the digital investment, North P&I’s Tyneside team of 280 staff – along with over 100 colleagues in offices across Europe, Asia, Australasia and North America – will provide advice on a range of maritime topics, including sanctions compliance and crew safety management.

Paul Jennings, chief executive of North P&I Club, explained: “Since our formation nearly 160 years ago, our job has been to keep people and vessels safe.

“We’re constantly looking at ways to achieve those goals and this latest investment means we can continue to lead the market by providing essential tools for ship owners and operators.

“The resources draw on the expertise of our North East-based team and their colleagues across the world.”

As part of the firm’s progression it has also undergone a brand refresh to become “North”.

The move is designed to reflect the growing suite of services provided by North, not just the protection and indemnity insurance its P&I label previously reflected.

The new logo will now become recognisable across North’s worldwide operations.

Paul added: “These developments put us on an even stronger footing as we launch a number of new initiatives and services over the next 12-months.

“Next year we expect to see further growth in several markets, including Asia Pacific, Greece, and Europe.

“All of that will be underpinned by our longstanding operations in the North East.

“We have world-class people in the region and that’s why North will continue to invest in our operations here.”