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Chairpersons

NorthStandard Leverages Maritime Heritage and Talent in Newcastle

Strategic Insights

— 2 min read

The North East has long played a crucial role in shaping the global maritime industry, with local shipowners pioneering the mutual insurance model that laid the foundations for today's P&I clubs. NorthStandard, a leading ship insurance provider, is continuing this legacy by leveraging local talent and maritime heritage while scaling its international ambitions responsibly. The organisation's board, chaired by Cesare d'Amico, brings together 16 directors from around the world, including leading international shipowners. As part of its board meeting programme, NorthStandard welcomed cadets from South Shields Marine School to its Quayside headquarters, providing them with valuable insights into the role of mutual insurance and the global maritime community.

Key Takeaways:

  • NorthStandard has its largest UK headquarters office in Newcastle, strategically located to leverage the region's maritime heritage and talent.
  • The organisation's board, chaired by Cesare d'Amico, comprises 16 directors from around the world, including leading international shipowners.
  • NorthStandard has a strong commitment to engaging with young professionals, as evidenced by its visit with cadets from South Shields Marine School.
  • The organisation provided cadets with workshops on P&I associations, mutual underwriting, and the support these clubs offer to shipowners and seafarers.
  • NorthStandard staff, many of whom were former seafarers, met with cadets to discuss career progression opportunities.
  • 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.
  • NorthStandard's commitment to the next generation of seafarers is essential for tackling challenges like skill gaps, decarbonisation, and digitalisation.

Statistics:

  • NorthStandard employs over 300 people locally and more than 700 globally across 13 countries.
  • The organisation has 16 directors on its board, including chairman Cesare d'Amico.
  • NorthStandard welcomed cadets from South Shields Marine School to its Quayside headquarters, providing them with valuable insights into the role of mutual insurance.
  • The organisation has a strong commitment to engaging with young professionals, as evidenced by its visit with 10-15 cadets from the marine school.

Sources:

  • Helena Brown, 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. ["The Journal", date not specified]
  • 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." ["The Journal", date not specified]
  • 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 Journal", date not specified]

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