This expanded remit has been developed to provide Members with the breadth of resources and guidance to help them navigate increasingly complex risk environments.
The Safety & Risk Management division comprises five key pillars; fleet quality, loss prevention, the environment, crew wellbeing, and industry collaboration.
This strategic repositioning reflects perspective that identifying risks and proactively mitigating future losses requires a more holistic approach to anticipating and addressing the evolving risks that owners and operators face, especially as they adapt to modern challenges such as the use of alternative fuels, the implementation of new digital and operational technologies, changing crew requirements, and geo-political uncertainties.
As the shipping industry navigates an era of profound change, it is critical that we position our services in the right way to help Shipowners manage and protect themselves from current and emerging risks. Internally, our safety & risk management, claims, and underwriting teams will be working even more closely together to understand and adapt our cover to new challenges.
This isn’t a static solution; we will be evolving the products and support in the months and years to come. We look forward to sharing insights into best practices, championing new innovations, and collaborating with industry partners to collectively set ever-greater standards in understanding and managing risk.