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

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

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    From all of us at NorthStandard, good luck to everyone taking part in the Great North Run 2024! It's a true highlight of the year, and we look forward to seeing the North East of England come alive with big cheers and a magical sense of togetherness. We'll be rooting for each and every participant and keeping an eye out to spot our colleagues running for various worthy causes. #GNR2024

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    👋 Welcome to the latest edition of New Horizons, your informative weekly newsletter. This week there are a number of important publications to share, such as a new sustainability article explaining the EU Deforestation Regulation (EUDR). We have also published our mid-term updates and our 2024 financial reports. We also bring essential industry news and insights, including the latest protest news affecting waterways in the Netherlands, mineral export bans in Venezuela, and continued coverage of the Mpox outbreak in the DRC. Finally, we spotlight our Get SET! Safety & Efficiency Technologies, celebrate the opening of the refurbished Shanghai office, congratulate our Singapore team on a successful away day, and share a major update from our CSR initiative. Enjoy the issue and have a great weekend! See you next week, folks…👋 #weeklynewsletter #maritimenews #weekendreading

    Issue 44 | 6 September

    Issue 44 | 6 September

    NorthStandard on LinkedIn

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    As we pass the midway point in the 2024-2025 policy year, we’re pleased to announce that we’re continuing to build a solid foundation for adapting in the ever-changing environment in which we operate. Some of the key milestones we’ve achieved in the first half of this year include: • Expansion of our global geographical footprint by extending our offices in Tokyo, New York and Piraeus and opening a new office in Seoul. • Enhancing our digital product portfolio with the roll out of Get SET!, a portfolio of solutions that enhance risk management, including an ECDIS Training Assessment tool, an automated situational awareness platform, and a visual fleet management platform. • Launch of ‘next generation’ website giving access to personalise dashboards and a wide range of additional resources and tools. • Introduction of ‘Fuel Insights’, our new fuel analytics service with testing specialist VPS, as part of our evolving GlobeView portal. Read the full release here: https://ow.ly/hI0E50ThjV8 #lossprevention #shipping #maritime #marineinsurance #TakingOnTomorrowTogether Orca AI ShipIn Systems VPS

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    Following questions from members around the impact of the EU Deforestation Regulation (EUDR) on the carriage of cargo and use of dunnage, our sustainability team have produced this article explaining the EUDR. It covers the potential impact on shipping, details of the criteria that cargo must meet to be compliant, and some feedback from the EU Commission in response to our enquiries. Read in full here 📑: https://lnkd.in/e9KgJdg2 #maritimenews #industrynews #shippingnewsandupdates

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    NorthStandard in the Community 🤝 The mission at NorthStandard is to build strong relationships with charities that share our core values and have a broad community reach—especially those focused on maritime links, community development, animal welfare, and environmental causes. We are proud to share the successes of the past 6 months with much more to come. Our Corporate Social Responsibility (CSR) Programme reflects our commitment to making a positive social and environmental impact. Whether through volunteering, grants for local projects, match funding, or staff-nominated donations to charitable causes, we are dedicated to creating meaningful change in the communities where we live and work. Learn more about our charity partners and explore galleries from recent volunteering opportunities many of our colleagues have participated in, including beach cleans and litter picks for Plastic Free July, and helping at local community farms. Follow the link here to our dedicated “NorthStandard in the Community” area: 🔗 https://lnkd.in/dTqAaVXg NorthStandard is a keen supporter of #InternationalDayofCharity, celebrated annually on 5 September. This day encourages people worldwide to support charitable causes and make a positive impact, big or small. It also serves as a reminder of the importance of charity in promoting global solidarity, social cohesion, and sustainable development. Learn more from the United Nations who established this day in 2012 here 🔗 https://lnkd.in/g76Mdsb

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    In the news on Wednesday 04 September 2024: 1) Dunnage Disposal in Mexico Over the past months, it has become increasingly difficult to discharge dunnage in Mexico as the authorities have been reluctant to approve any exclusive discharge thereof. Read in full here 📑: https://lnkd.in/g2rjHARs 2) Disruptions to Dutch waterways The Juliana Canal in Limburg will be closed for several months for deepening and widening of the channel, which is expected to cause significant delays to inland shipping and impact the logistical operations of Dutch ports. Inland vessels will need to reroute via the Zeeland Kreekrak Locks, located in the Scheldt-Rhine Canal, one of Europe’s busiest shipping routes. With only one lock chamber currently available for passage, the closure of the Juliana Canal is likely to have a substantial effect. Read in full here📑: https://lnkd.in/gHEA9gA9 #maritimenews #industrynews #shippingnewsandupdates

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    Our website is built with three benefits in mind. 1. Greater accessibility ✔️ Some highlights from our new developments - one single login gets you access to all platforms, our enhanced search function quickly returns results from every area of the site, and we offer an app (with offline mode!) to complement the main website and provide essential info whether you're at sea or on shore. 2. Personalised and meaningful experiences ✔️ The new site is based on insights gathered from user research, ensuring developments are relevant to our key user personas. We also have three innovative dashboards to choose from, producing an impactful and resourceful homepage showing content most relevant to you 3. Trust and reassurance ✔️ We provide effortless access to our Products, Services, and Rulebook areas, ensuring any information you might need is kept front and centre. Plus, you can feel confidence in our data - we feed this in from premium partners such as VPS and Risk Intelligence, as well as a dedicated correspondent network. Leverage these benefits yourself with a NorthStandard account: https://lnkd.in/erbN7khd. Find out more about our enhanced digital experience here: https://lnkd.in/eCHCPMhw.

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    We’re looking forward to attending SMM Hamburg 2024, along with professionals from across the maritime and shipping sectors. John Southam, Loss Prevention Director – Greece, will be joining a panel of industry experts organised by the UK Hydrographic Office. The session 'Shaping the future of navigation with S-100', held today (4 September) 12.00-13.30 UTC+2, will explore the transformative potential of S-100 and how the next generation of navigation solutions can provide clarity and confidence in shipping decision making. #SMMHamburg #navigation #ECDIS

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    18,924 followers

    The final preparations are in place for SMM Hamburg. Visit us in Hall 6 on stand B6.303 to meet the team and talk to our experts. Join us as we explore the next generation of navigation solutions and the practical benefits of S-100. We look forward to meeting you all over the next few days and welcoming you to our stand. #SMMfair #SMM24

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    As part of our ongoing commitment to delivering exceptional service and groundbreaking solutions, we’ve introduced a pioneering portfolio of vessel-based technology – designed to support your crew onboard with enhanced situational awareness that takes the vessel’s safety and operational efficiency to the next level. Discover our Get SET! Safety & Efficiency Technologies: ECDIS Training Assessment (ETA) > north-standard.com/eta ✔️ Our unique, online ECDIS Training Assessment platform (ETA) is designed to support crew members’ individual and collective ECDIS knowledge and skills with comprehensive, relevant and tailored training that goes beyond the mandatory and generic requirements. Orca AI > north-standard.com/orca-ai ✔️ As part of our ongoing commitment to delivering exceptional service and bringing cutting-edge technologies to the maritime market, we have chosen to collaborate with Orca AI, a groundbreaking AI and Computer Vision expert for the maritime industry. ShipIn > north-standard.com/shipin ✔️ In an era marked by unprecedented advances in maritime technology, we firmly believe that embracing and integrating new technology is no longer a choice, but a necessity to secure a safer and more resilient future for the shipping industry. This is why we have chosen to collaborate with ShipIn Systems, the developer of the world’s first visual fleet management platform, FleetVision™. We’re committed to supporting crew members to ensure they follow best practice and promote a safe working culture that protects them and their vessels at all times. #GetSET #lossprevention #shipping #maritime #safety

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