Headquartered on Newcastle’s Quayside and with heritage spanning over 160 years, the organisation employs over 300 people locally and more than 700 globally across 13 countries, making it one of the region’s largest and most internationally connected employers.
Chaired by Cesare d’Amico, CEO of d’Amico Societa di Navigazione SpA, with Nicolas Hadjioannou, CEO of Cymona Shipping Management SAM and Executive Chairman of Alassia Newships Management serving as a Vice Chair, NorthStandard’s board brings together 16 directors from around the world, including leading international shipowners.
The North East has long played a central role in shaping the global maritime industry, with the region’s shipowners pioneering the mutual insurance model that laid the foundations for today’s P&I clubs. NorthStandard continues to leverage this local maritime heritage and talent while scaling its international ambitions responsibly.
Paul Jennings, Managing Director of NorthStandard, said: “Having our largest UK headquarter office strategically located in Newcastle pays homage to a proud maritime legacy, while highlighting the North East’s ongoing role as a leading global marine hub. We are proud to bring our board together here to the Quayside, where part of our story began.”
As part of the board meeting programme, NorthStandard also welcomed cadets from South Shields Marine School to its Quayside headquarters. The cadets took part in a day filled with workshops on the role of P&I associations, the concept of mutual underwriting, and the support these clubs provide to shipowners and seafarers. They also met with NorthStandard staff, many of whom were former seafarers, to learn about career progression opportunities.
Jeremy Grose, Managing Director of NorthStandard, said: “Engaging with young professionals is vital to the future of our industry.
As we look to tackle challenges such as skill gaps, decarbonisation and digitalisation, it is inspiring to see the next generation of seafarers taking such an active interest in the role of mutual insurance and the global maritime community.”
The visit concluded with a Q&A session with NorthStandard’s Chair and Vice Chair, offering cadets valuable insight into the future of maritime insurance and the opportunities ahead for the next generation.
Simon Ashton, Principal of South Shields Marine School, said: “We would like to thank the staff at NorthStandard for inviting us to discover and learn more about the valuable work they do for the wider maritime industry. For our cadets, the world of maritime insurance is a valuable part of their studies, and the knowledge and guidance they have received will benefit them in their future when working at sea.”
NorthStandard’s Chair, Cesare D’Amico, said: “It was an honour to hold our board meeting in Newcastle, a city that has played such an important role in maritime history and continues to drive innovation today – and there is no better way to celebrate this than by fostering the next generation of industry talent.
ENDS
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About NorthStandard:
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 and ‘A’ rated by S&P Global, NorthStandard has premium revenues exceeding US$886 million, free reserves of US$800 million and mutual pool tonnage surpassing 270 million GT.
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. Its Sunderland Marine and Coastal & Inland divisions also provide cover for owners’ fixed premium P&I, fishing vessels, inland waterway and coastal trading vessels. NorthStandard’s comprehensive local market and sector knowledge is underpinned by continuous investments in market-leading digital technologies.
NorthStandard 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 85% of the world’s ocean-going tonnage.
Rob McInally
Global Director (Marketing & Communications)
NorthStandard
+44 191 232 5221 / 7795267546
rob.mcinally@north-standard.com
Barbora Gray
Director
Karol Marketing
07948470767
Barbora@karolmarketing.com