Newcastle headquartered global marine insurer North P&I Club has today announced the opening of a new office in New York, USA, to represent its interests across North America.
North P&I is based on the quayside where the business employs around 300 people. In addition to its new American office the company has a presence in China (Hong Kong and Shanghai), Greece, Japan and Singapore. North has also announced that it will open a subsidiary in Dublin following the UK’s decision on membership of the EU.
The New York office will be headed by Ian Duthie, who joins North from insurance broker, Marsh. The office will work closely with the existing underwriting, claims and loss prevention teams in Newcastle and elsewhere to represent North in developing relationships with brokers and shipowners across the Americas market, in line with their growth strategy.
Paul Jennings, Chief Executive Officer of North P&I Club, emphasised the significance of the North American market to the Club. He said: “We are delighted to welcome Ian to the Club. His wide ranging experience and expertise in the North American market will be a very strong addition to North’s global team and demonstrate our commitment to this important region.”