IUMI Podcast

Growth and development in the Chinese marine insurance market

The Chinese marine insurance market is an important one. It continues to grow off the back of the world's largest commercial fleet and a range of domestic initiatives. In this podcast we speak with Ge Qi, Head of Reinsurance at Cosco Shipping Captive Insurance Company, a Director of the Shanghai Institute of Marine Insurance and a member of IUMI's Ocean Hull Committee. Ge Qi gives a unique insight into the current status of the Chinese market and explains how he believes the market will grow and develop over the coming years.

Getting to Net Zero – obligations for marine insurers and how insurtech can help

Shipping is moving towards Net Zero to comply with IMO’s climate ambitions and this requires a joined-up effort from all involved in the maritime industry, including marine insurers. In this podcast, Dr Sinem Ogis from Türk P&I Insurance (and a member of our Legal & Liability Committee) reviews progress towards Net Zero and highlights the role for marine underwriters. James Whitlam from Concirrus (an IUMI Professional Partner) joins the discussion to explain how insurtech can help insurers.  

Top Tier - Container Safety

In this podcast we discuss the influential Top Tier Joint Industry Project which is being run by MARIN (Maritime Research Institute Netherlands) and focuses on container safety. We speak with Project Direct Jos Koning who shares the project’s objectives and gives us an early insight into the findings and conclusions. Around 40 organisations are participating in the project and IUMI is represented through its German member, GDV.

Guidelines for the use of flexitanks

We have recently issued a comprehensive paper offering guidelines for the use of flexible tanks for liquid bulk cargo. In this podcast we are joined by two authors of that paper: Captain Andrew Kinsey, Director of Marine Consulting at Integrated Speciality Coverages; and Nicolas Gabriel, Divisional Director & Consultant at Battermann & Tillery Global Marine. Together, they give an overview of the issues and challenges surrounding the increasing use of flexitanks and discuss IUMI’s best practice recommendations.

Marine insurance statistics – the latest picture

Listen to our latest podcast if you want to discover how marine insurance has been faring in 2023 and into 2024.

We feature Jun Lin and Astrid Seltmann from the IUMI Facts & Figures Committee who talk about the current state of marine insurance within the wider context of the macro-economy. Both guests presented their findings at our 150^th anniversary conference in Berlin and this podcast gives an overview of their presentations in advance of IUMI publishing its annual Stats Report later this month.

Lloyd’s Open Form – a review of the changes

Lloyd’s Open Form is the most commonly used contract for international marine salvage. This important contract has recently been revised and re-published by Lloyd’s. In this podcast we are joined by Alistair Johnston from law firm CJC and Nick Coleman from Gard (Nick is also Chair of the IUMI Salvage Forum) to take a fresh look at the LOF and what the revision means for marine insurers and others.

150 years of IUMI: Berlin Conference 2024

The security situation in the Red Sea

Following the attacks on shipping in the Red Sea area, Jakob Larsen, Head of Maritime Safety and Security at BIMCO shares his thoughts on the current situation and provides insights relevant to marine underwriters.

Insurance implications of the Baltimore Bridge incident

In this podcast we are joined by John Woods, a Partner with Clyde & Co in New York and Alex Mican, Head of Global Strategy and Growth at PCS Verisk – both are IUMI Professional Partners. We discuss the context of the Baltimore Bridge incident and delve into the possible impact and knock-on effects for marine insurance.

A convergence of crises: restrictions in the Panama and Suez canals

Mariella Dauphinee,  Marine Claims Leader at Coast Underwriters (an Intact Insurance Company) and IUMI Executive Committee member outlines the current restrictions in the Panama Canal and how that is impacting shipping. She discusses this in the wider context of other geopolitical events to highlight the potential effect on global trade.