Kennedys has appointed Mr Iain Anderson as partner in Singapore. He is a marine, offshore energy and trade credit insurance specialist.
HDI Global has appointed Mr Nikita Tikhonov as head of marine global risk, effective 1 September 2025. In his new role, he will oversee a team of five professionals working on HDI Global's value proposition in marine.
Willis has announced a significant expansion of its Japanese corporate risk and broking team, in order to enhance the company's ability to meet rising demand through deepened industry expertise, as well as providing insights, data and analytics to inform and better manage both insurance transactions and wider risk management for clients.
Charles Taylor has appointed Mr Gordon Tennant as regional director for marine technical services in Asia.
Markel Insurance has appointed Mr Tim Wills as head of marine - Australia.
Willis has appointed Mr Azad Kumar as growth leader of energy, construction and marine in India.
The marine insurance sector, traditionally known for being conservative, has undergone rapid innovation driven by recent geopolitical events, the COVID-19 pandemic and supply chain disruptions. This has created opportunities for InsurTechs to address long-standing industry limitations with modern technological solutions, according to OTONOMI CEO and co-founder Yann Barbarroux.
Specialist (re)insurance broker Miller has announced Mr KyungSeop Shim has joined as head of specialty, alongside Mr Justin Roh, Ms Hana Jung and Ms Jayce Park.
The insurance cost of shipping goods through the Red Sea has more than doubled in recent days after Yemen's Houthis attacked and sank two ships, killing at least four seafarers after months of calm, Reuters has reported, citing industry sources.
During 2024 the world lost 576 containers at sea according to a new report update by The World Shipping Council (WSC). This represents an increase from the record-low 221 containers lost in 2023.