North P&I Club appoints Nick Wolfe to drive diversification

Global marine insurer North P&I Club has reaffirmed its drive for diversification by appointing Nick Wolfe as Deputy Global Director, reflecting a significant expansion in his leadership in developing the diversification strategy.

“Our transformation from monoline P&I Club to diversified global marine insurer continues and Nick’s new role will empower him to drive our diversification strategy forward, which includes our products offered under the Sunderland Marine brand, Owners’ Fixed Premium P&I and North Hull,” said Paul Jennings, Chief Executive of North P&I Club.

Wolfe joins Simon Main and Steve Rebair as one of three Deputy Global Directors responsible for delivering the Group’s underwriting strategy.

Each Director will report to North’s Thya Kathiravel, Chief Underwriting Officer, who said, “Our recent annual review showed North achieving premium income growth of US$60M across our mutual and diversified business lines in 2020-21, which reached over US$400M in total.”

Wolfe joined back in March 2020 as Director (Underwriting) from Aon, where he had been Head of Shipping, based in Singapore.

(Pictured from left to right Paul Jennings, CEO, Thya Kathiravel, CUO, Nick Wolfe, Deputy Global Director.)