NorthStandard announces the departure of James Bean, a senior executive team member, following his decision to accept a role as Chief Executive Officer of The London P&I Club.
NorthStandard will not be replacing him as one of two chiefs of geographical sectors. Steve Cockburn who currently shares the position with James, will now assume sole responsibility.
“It is with mixed feelings that we share this news,” said Jeremy Grose, co-Managing Director NorthStandard. “James has played a major part in some of the key developments in the past few years. He was heavily involved in bringing the Standard Club’s management in house and was a key player in the merger process. After nearly 20 years with us he has a wealth of experience and many friends in the club. We are sad to see him go, but also proud that he has been selected to take on such a significant position.”
“We wish James well and look forward to working with him within the International Group of P&I Clubs in his new role,” added Paul Jennings, co-Managing Director, NorthStandard. “We are also delighted to confirm Steve in his role as sole Chief of Geographical Sectors and look forward to continuing our work to deliver service excellence in an ever-changing maritime world.”
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 a premium income of around US$835M and provides cover for 260 million GT of mutual poolable tonnage.
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 and aquaculture. 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 90% of the world’s ocean-going tonnage.