We are pleased to advise that our existing underwriting panel have renewed our binder for the 2021 policy year. Security will be provided as follows:   P&I Non EEA business:   60% Lloyd’s, London 25% American International Group UK Limited 15% HCC International Insurance Co. Plc UMR B0775MRC11421     H&M Non EEA business:   50% HCC International Insurance Co. Plc 50% Lloyd's, London UMR B0775MRC11421     P&I EEA business: 60% Lloyd’s Insurance Company S.A 25% AIG Europe S.A 15% Tokio Marine Europe S.A UMR B1732MRC11421A   H&M EEA business: 50% Tokio Marine Europe S.A 50% Lloyd’s Insurance Company S.A  UMR B1732MRC11421A   We would like to extend our thanks to those underwriters, broker and clients that continue to support us.

Whilst I’m sure we’re all still hoping for an agreement between Britain and the EU regarding financial services, we have taken steps to ensure that we can continue to underwrite EEA business in 2021, in the event of a no deal situation. We have entered-into a joint venture with B-Mar www.bmar.be based in Antwerp, to transact business domiciled within any EEA country.  B-Mar have a wealth of experience in the Marine Insurance sector and we are excited to be working with them. BMAR is regulated by the Financial Services and Marketing Authority and has applied to Lloyd’s Brussels for Coverholder status.