AMERICAN P&I CLUB MARKS POSIDONIA 2014 …

Περισσότερα από 600 άτομα παρευρέθησαν το βράδυ της Πέμπτης 29 Μαΐου στο roof garden του ξενοδοχείου Royal Olympic, όπου το American P&I Club πραγματοποίησε την καθιερωμένη δεξίωση στα πλάισια της εκθέσεως των Ποσειδωνίων.

Stuart J. Todd – Senior Vice President – Underwriting Director Shipowners Claims Bureau Inc. Managers of American Steamship Owners Mutual Protection & Indemnity Association, Inc., Dorothea Ioannou – Managing Director (Piraeus Office) – Regional Business Development Director – Piraeus Claims Liaison Office for the Managers of American Steamship Owners Mutual Protection & Indemnity Association, Inc.

AMERICAN P&I CLUB MARKS POSIDONIA 2014 …

… and Top Underwriter says his Farewells to Greece

The American Club held its traditional party on Thursday evening (29^th) to mark the start of Posidonia week. More than 600 guests from the club’s expanding Greek membership, as well as club directors and representatives from the Greek maritime industry, attended a buffet reception on the rooftop of the Royal Olympic Hotel in central Athens.

The event was also attended by Mr. Miltiades Varvitsiotis, the Greek Minister of Shipping and the Aegean, together with senior diplomats from the US Embassy to Greece.

In the presence of so many illustrious guests, the occasion proved to be an ideal opportunity for the club’s leading underwriter, Stuart Todd, to say his farewells to the Greek shipowning community, in which he has been a prominent P&I figure for more than a generation, ahead of his official retirement on June 30. He leaves the insurance market after more than 40 years’ distinguished service within the P&I world. However, he will continue as a consultant to Shipowners Claims Bureau Inc., based in London.

Mr. Todd joined SCB in the autumn of 2001, having previously held senior positions with a leading International Group P&I club and at Lloyd’s of London. He moved to head office in New York in early 2002 to assume chief responsibility for the American Club’s underwriting operations.

Speaking at the Athens reception, Joe Hughes, chairman and ceo of SCB, said that Stuart Todd commanded great respect within both the shipping and insurance communities, especially those in Greece. He had made a great contribution to the club’s strategy of growth and diversification. He left a legacy of considerable achievement, not only through the growth in premium and tonnage, but also in the diversity of membership, which gained impetus during his 13 years with the club. He had been instrumental in building a strong team to enhance the club’s underwriting capabilities both for the present and for the future.

JOHN MATSOURIS: POLEMBROS SHIPPING, ANTONIS STELLAS: NEW SHIPPING, ADAM POLEMIS: NEW SHIPPING, GEORGE VAKIRTZIS: POLEMBROS SHIPPING, LEONIDAS S. POLEMIS: POLEMBROS SHIPPING

As a tribute to Stuart’s retirement, guests were shown and applauded a video put together by the managers that tracked his life and career, via photographic and other material, to illustrate his more than 40 years’ contribution to P&I insurance.

Mr. Hughes went on to say that Mr. Todd’s withdrawal from his full-time commitments had entailed certain changes to the way in which SCB managed its underwriting and business development activities on behalf of the American Club. Some of these changes had already been made.

Importantly, the main feature was that the club’s underwriting and business development functions were now operated on a regional basis. The four regions in questions corresponded to the four main constituencies of the club’s membership, being North America, EMEA (Europe, Middle East and Africa), Greater China and North Asia, and South and Southeast Asia. Details had been announced at the end of 2013. According to Mr. Hughes, the favourable results of the 2014/2015 renewal in February was evidence of how this initiative had progressed to such notable effect.

In concluding his remarks for the evening, Mr. Hughes noted the great importance to the American Club of its Greek membership, and also paid tribute to the exemplary role played by the club’s local office in Greece in servicing the needs of its members in Greece.

Dorothea Ioannou, who heads up the club’s Greek operations, and is also its business development director for Europe, the Middle East and Africa, also spoke at the event. She thanked the local shipping community for their support of the club and expressed her enthusiasm for growing and ever closer cooperation with the Greek maritime industry over the years to come. -ends-

Stavroula Leondara, Marivi Banou, Despina Beveratou, Chrysanthi Paplomata, Dorothea Ioannou, Joanna Koukouli, Danai Manta, Antonis Bavas, Annie Papadimitriou, Maria Katsadouri

PHOTOS OF STUART TODD, JOE HUGHES AND DOROTHEA IOANNOU AVAILABLE ON REQUEST

NOTE: The American Club was founded in February 1917. In addition to its US headquarters in New York, the club is able to provide local service across all time zones, communicating in more than a dozen languages, with subsidiary offices in London, Piraeus and Shanghai and a worldwide network of correspondents.

ISSUED BY:

Denzil Stuart Associates, Studio 5b, 20 Wild’s Rents, London SE1 4QG

Tel. +44 (0)20 7403 4773, Fax +44 (0)20 7407 4002, Email: ds@dsa-pr.com

 

 

 

 

Vincent J. Solarino – President & COO of Shipowners Claims Bureau Inc. Managers of American Steamship Owners Mutual Protection & Indemnity Association, Inc., Markos Marinakis – Deputy Chairman of BOD of the American Steamship Owners Mutual Protection & Indemnity Association, Inc., Ioannis Varvitsiotis – Minister of Shipping & Aegean, Joseph E.M. Hughes – Chairman & CEO of Shipowners Claims Bureau Inc., Managers of American Steamship Owners Mutual Protection & Indemnity Association, Inc., Dorothea Ioannou – Managing Director (Piraeus Office) – Regional Business Development Director – of Piraeus Claims Liaison Office for the Managers of the American Steamship Owners Mutual Protection & Indemnity Association, Inc.