The International Union of Marine Insurance (IUMI) Council has appointed a new President and Vice President as well as new Executive Committee and Nominating Committee members for 2022/23.
Frédéric Denèfle, Managing Director of French marine war risks specialist GAREX, has been appointed President, supported by a Vice President, Kosuke Hashimoto of Japan and General Manager of Marine Underwriting at Tokio Marine & Nichido Fire Insurance. The role of Vice President is a new position.
The current President, Richard Turner, has stepped down having completed his four-year term of office.
Frédéric Denèfle said: “These are challenging times for the marine insurance industry as we grapple the issues of decarbonisation, economic and geo-political uncertainties and digital transformation. IUMI plays a critical role in representing the sector and I look forward to building on the work of my predecessors. But no organisation can afford to stand still and IUMI is currently reflecting on its long-term future under the banner of IUMI 2030, with detailed work already underway.”
The IUMI President is Chair of both IUMI’s Council and Executive Committee and presides over all IUMI meetings.
The IUMI Council meets once a year and comprises Council Members from 41 national Member Associations. The Council decides on IUMI finances and audits and elects Executive Committee and Nominating Committee members.
The Executive Committee is responsible for the administration and management of IUMI in accordance with the general policy determined by the Council. The Executive Committee appoints the Secretary Generaland is entitled to facilitate the formation of Representative Forums.