West

Only 5 days left to sign up- don't miss out! Member Training Week is designed to provide our Members with valuable insights into the inner workings of the Club, the risks we insure, and how we can better support them in their daily responsibilities. Throughout the week, Members will have the opportunity to participate in a series of lectures and workshops, all led by West staff alongside expert external speakers from a variety of fields. Whether you're looking to expand your knowledge, deepen your understanding, or enhance your skills, this event is the perfect opportunity for professional growth and collaboration. Places are limited – register now here: https://lnkd.in/eTMtTRwk #West #MemberTrainingWeek2025#marineinsurance

Recently, Ed Davies, Chief Information Officer and Kerrie Webb, IT Performance, Business Management and Supplier Lead attended the Marine & Energy Insurtech conference in London- it was a great day!   Kerrie remarks that her highlights were Cathrine Hopstock's (Vice President, Head of Technology at Gard AS) keynote - "How Gard have embraced the product model and are driving a digital journey. There's so many similarities in what we've set out to do at West in adopting a proactive model with cross functional product teams.”   Ed took part in a panel on legacy inefficiencies and spoke on legacy technology's restrictions, moving from a reactive to proactive technology operating model and also the need to ensure that processes are documented to support future adaption and improvement. One of the other panelists, Alexander Brill (Chief Technology Officer at Den Norske Krigsforsikring for Skib (DNK)) made the statement "as soon as you release code, it's legacy" which was such a succinct way of explaining what legacy tech is and highlighted that technology needs investment (Time/Energy/Staff Engagement/Funding) to keep it current and meeting the needs of our customers.   Lars Ola (Product Director at Noria Digital) and Kerrie spoke on compliance. Their key base was that it's about meeting the intention of the regulation and ultimately it's there to protect our business, clients and to manage risk.   Kerrie also remarks: "it was so specific (Marine and Energy Tech), it meant everything that was spoken about was relevant to our roles and it was also great to meet people from different clubs. It was a day well spent." #West #MarineInsurance #Technology

The market has seen a rise in engine fire claims over the past year. While some are due to poor-quality engines, human error remains a major factor. On Friday, 21 March, our Global Head of Loss Prevention, Simon Hodgkinson, will be speaking at Marine Insurance London alongside Jacob Damgaard, Divisional Director - Head of Loss Prevention at Britannia P&I Club. In this session, we investigate why this is happening and consider the impact of cutting training budgets. We also consider the risk of downsizing the numbers of crew on board as vessels become more automated. Don't miss out! Register here: https://lnkd.in/eBRrukkr #MarineInsurance #LossPrevention #ShippingSafety

We’re proud to sponsor Cargo Insurance London on Thursday 20 March at The Mermaid, Blackfriars, London!   This dedicated one-day global conference brings together industry leaders to explore the ever-evolving cargo transportation ecosystem. From risk management to emerging challenges, it’s a must-attend event for professionals in cargo insurance and logistics.   Register today here: https://lnkd.in/eD2U5MJx #West #CargoInsurance #MaritimeIndustry

Last Friday, our Greek office came together to celebrate International Women's Day by welcoming the incredible women from our Members, brokers, and friends to a brunch! Beyond celebrating, we were proud to host this event in support of Floga Organization, the Parents' Association of Children with Cancer, reinforcing West’s commitment to making a positive impact. Thank you to everyone who joined us for this special occasion! #InternationalWomensDay #West #MarineInsurance

This International Women’s Day, we recognise the women at West who are breaking barriers, leading change, and mentoring the next generation in marine insurance. Aligned with this year’s #IWD2025 theme, #AccelerateAction, our latest blog highlights their insights, experiences, and the progress being made toward greater diversity and inclusion in the industry. From challenging perceptions to driving innovation and mentorship, these women are shaping the future of maritime. Read their stories and discover how we’re working to create a more inclusive and equitable industry. #WomenInMaritime #InternationalWomensDay #MarineInsurance

February is full of key dates, but in the world of marine insurance, one stands out: P&I renewals. With another renewal season behind us, how did the market respond? For the third consecutive year, West has secured strong Member backing during renewals, with retention exceeding 99.5%.   In the latest Lloyd’s List Podcast, marine insurance editor, David Osler, sits down with top P&I executives. West's CEO, Tom Bowsher joined the podcast to discuss market conditions following this year's renewal round. He was joined by Thya Kathiravel, Chief Underwriting Officer at NorthStandard, Jonathan Andrews, Chief Executive at Steamship Mutual, and Stephen Hawke, Managing Director at Lockton P.L. Ferrari. Listen to the full podcast here: https://lnkd.in/eEY-y_WM   #MarineInsurance #LloydsList #Renewals

A recent oil spill during bunkering was caused by an undetected crack in a drain line passing through a fuel tank—an uncommon but serious risk. Corrosion, stress, and limited inspection access can lead to failures with environmental consequences. Take Action: ▪️ Inspect piping systems for hidden vulnerabilities ▪️ Address corrosion risks before failure occurs ▪️ Work with Classification Societies on solutions Stay proactive to protect your vessel and the environment. Read more from this article written by Loss Prevention Officer, Anil Aromal: https://lnkd.in/eWMpY84A #Pollution #MaritimeIndustry #West

West wishes everyone ‘Ramadan Mubarak’!

Sanctions have become the go-to foreign policy tool, and the maritime industry is increasingly in the crosshairs. From Russia to Iran, Venezuela to North Korea, evolving regulations mean shipowners, charterers, and insurers must navigate a complex and ever-changing landscape. At West, we’ve seen firsthand how the compliance burden has grown-tracking vessels, investing in sanctions teams, and helping our Members understand the risks. With regulators using shipping as leverage to enforce sanctions, having a robust compliance strategy is no longer optional. Read the full article written by Head of Asia & Corporate Director, Tony Paulson, to learn more, or, visit here to explore similar articles and other compelling Waypoints editions: https://lnkd.in/eUFKxmci #West #Sanctions #MaritimeIndustry