NorthStandard

NorthStandard

Insurance

The new home for NorthStandard updates. We are a leading global marine insurer. NorthStandard #takingontomorrowtogether

About us

The home of NorthStandard updates. We are NorthStandard, a leading global marine insurer and one of the largest P&I clubs in the International Group. We’re here to support you as a dynamic leader and trusted partner. NorthStandard has the global reach, offering an unmatched breadth and depth of service that supports your operations, embraces your potential and helps your business thrive. The success of your business is at the heart of everything we do. Our approach to underwriting, claims and loss prevention is built on an unwavering commitment to transparency, flexibility, expertise and speedy resolution. Our people, with years of expertise in maritime operations, also offer invaluable insight to mitigate losses and reduce costs. Our footprint spans the world, with offices covering all main shipping regions, including Asia (China, Hong Kong, Singapore and Japan), Australasia (Australia and New Zealand), Europe (UK, Ireland and Greece), and the USA. We insure approximately 350 million gross tonnage worldwide across all sectors – 20% of the IG’s total – more than any other P&I club – backed by a financial strength and resilience rated A by Standard & Poor’s. NorthStandard #takingontomorrowtogether

Website
https://north-standard.com/
Industry
Insurance
Company size
501-1,000 employees
Headquarters
Newcastle upon Tyne
Type
Nonprofit
Founded
1860
Specialties
P&I Insurance, FD&D Insurance, Loss Prevention, and Ancillary Insurance

Locations

Employees at NorthStandard

Updates

  • View organization page for NorthStandard, graphic

    24,485 followers

    👋 Welcome to the latest edition of LinkedIn New Horizons, your informative weekly newsletter from NorthStandard. Today, we look at how we at NorthStandard are doing our part to make the marine industry a safer place to work with our Safety Management workshops. Next in this edition - two articles from our own experts, one on the mandatory use of shoreside power in the EU from 2030, and the other covering the verdict on the Lila Lisbon appeal. We are also proud to announce our membership in the Nuclear Energy Maritime Organisation (NEMO), and celebrate our participation in a recent successful CSR initiative. Enjoy the issue and have a great weekend! See you next week, folks…👋 #weeklynewsletter #maritimenews #weekendreading

    Issue 49 | 4 October

    Issue 49 | 4 October

    NorthStandard on LinkedIn

  • View organization page for NorthStandard, graphic

    24,485 followers

    NorthStandard is pleased to announce its membership of NEMO. While the nuclear technology companies are working to develop nuclear reactors safe for maritime application, assuming that is achieved, without also advancing the regulatory frameworks and public perception around nuclear, floating nuclear won’t become commercially insurable. Our participation with NEMO includes engaging on their working group looking at Maritime Nuclear Liability. By advancing this work now it avoids unnecessary delays down the line where the regulation has to catch up with the advancement in technology. There is no time to delay in the quest for zero emission shipping and at NorthStandard we want to do what we can to support the industry in the energy transition. #Takingontomorrowtogether #NorthStandard #NEMO #Nuclear

    📣 We are very excited to welcome NorthStandard to NEMO as a full member, NEMOs first P&I Mutual... 📣 NorthStandard is one of the leading providers of global marine insurance products and services across the maritime industries, established through the merger of North P&I Club and the Standard Club in February 2023. From headquarters in the UK and with offices throughout Europe, Asia and the Americas, NorthStandard offers a unique blend of worldwide presence and class-leading expertise across multiple specialist areas, including P&I, FD&D, War Risks, Strike & Delay, Hull and Machinery and ancillary insurance. NorthStandard is 'A' rated by S&P Global, and is a leading member of the International Group of P&I Clubs (IG) and is fully committed to upholding the shared objectives of its 12 independent member clubs, which provide liability cover for approximately 90% of the world’s ocean-going tonnage. At NEMO, we are dedicated to providing a collaborative and innovative environment, shaping modern maritime nuclear standards and regulations for a carbon neutral future. NorthStandard shares our commitment to excellence and we are eager to see what valuable contributions they bring to the table. Please join us in extending a warm welcome to NorthStandard! #welcome #newmember #innovation #NEMO #collaboration #TakingOnTomorrowTogether

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  • View organization page for NorthStandard, graphic

    24,485 followers

    Thank you to Infospectrum Ltd for hosting such an important event last week about international sanctions and our Head of External Affairs, Mike Salthouse, for sharing the latest developments in the world of sanctions and the implications for the shipping industry. In such turbulent times, we need to continue these conversations, exchanging crucial viewpoints and collaborating as an industry to shape strategies that will mitigate risks whilst creating opportunities. #maritimenews #sanctions #riskmanagement #Takingontomorrowtogether

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  • View organization page for NorthStandard, graphic

    24,485 followers

    Many thanks to everyone who joined us for a day of learning and collaboration at the recently held ACTS East meeting. #MaritimeInnovation #lossprevention #shipping #maritime

    View profile for Rahul Choudhuri, graphic

    President, Strategic Partnerships

    It was both a privilege & a pleasure to invite the NorthStandard ACTS Members to our premises under the smooth arrangement of Aniruddha D.. Our discussion on how shipowners need to prepare for the new ISO8217:2024 fuel quality standard took centre stage. Shipowners need to embrace these changes, especially with new fuels such as Biofuels, but it does seem that old chartering terms hold them back. More work needs to be done here. Our experienced John MacKenzie followed up with an objective need for independent lube oil condition monitoring & why this plays a fundamental role in operational performance & sustainability. And keep your commercial agility in your own hands as he rightly says. Such wise talks would not be complete without a visit to our state of the art OCM(oil condition monitoring) & FQT(fuel quality testing) laboratories. And finally topping that off with a much deserved toast of cocktails at our very own Captains Bar! Much thanks to NorthStandard for hosting a lovely dinner afterwards with a view to kill for.

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  • View organization page for NorthStandard, graphic

    24,485 followers

    NorthStandard believes in promoting an inclusive environment where every colleague has the opportunity to grow and succeed, regardless of their background. That's why we are thrilled to announce that NorthStandard is now a proud member of Progress Together, an organisation that champions socio economic diversity across the financial services industry and works with its members to create meaningful change. 🎉 A special thank you to our Managing Director, Paul Jennings, for representing us at their recent discussion and we look forward to working with them, and our colleagues, to level the playing field within financial services. #ProgressTogether #EconomicDiversity #NorthStandard #Takingontomorrowtogether

    View organization page for Progress Together, graphic

    3,554 followers

    We're here at DLA Piper, where we've brought together more than 50 CEOs and ExCo sponsors from Progress Together member firms. They're discussing our new data report - Shaping the Sector - which was launched today. It reveals that the percentage of people from lower socio-economic backgrounds in senior roles in financial services has increased from 26% to 28%. The report, which includes data from 200,000 #FinancialServices employees, is the largest study of its kind in the world. You can read the full report here: https://lnkd.in/ecKxT9Fb #ShapingtheSector #ProgressTogether #SocialMobility

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    24,485 followers

    In September, teams from NorthStandard took part in not one, but two Dragon Boat Races! The first was the Spinnaker OSCAR Dragon Boat Race in London’s Docklands to raise funds for Great Ormond Street Hospital Charity, more than £660,000 was raised by all the teams that took part. The second race was the NE1 Dragon Boat Race on the River Tyne to raise funds for Newcastle Hospitals Foundation, which also achieved a very impressive amount across the two day event. Both teams had a blast, and we are very proud to have been a part of these events in support of two fantastic causes. There is still time to donate, so please do so on one of the following links: OSCAR https://lnkd.in/eFJxM9Ww NE1 https://lnkd.in/e3XyE-G7 #Takingontomorrow #NorthStandard #Charity

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  • View organization page for NorthStandard, graphic

    24,485 followers

    📢 Do sanctions really work? We are pleased to announce that Mark Church, our Head of FD&D Claims – Nordics & N.Europe / Head of Sanctions Advice, will be sharing his valuable insight for this panel on the 16th October, 10:20-11:20. This session will discuss the effectiveness of sanctions and the potential unintended consequences of newly introduced measures aimed at curbing the influx of illegal ships entering European waters as a result of the Russia-Ukraine war. Find out more information about the event and make sure to join us by registering your place here 👉 https://lnkd.in/eyvTmWMU #Takingontomorrow #Sanctions #Maritime #NorthStandard

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