Jorge Pecci, Marine Practice Leader at RSGUM, comments on the use of off-specification fuel supplies, known as bunkers, and details a potential solution to mitigate the associated risk. Read more.
Jorge Pecci, Marine Practice Leader at RSGUM, and John Hearn, Managing Director at Lodestar Marine, comment on the insurance exposures surrounding the International Maritime Organization's new global sulphur cap on fuel content. Read more.
According to Jorge Pecci, Marine Practice Leader at RSGUM and CEO of SafeWaters, and Miles Wuller, COO of RSGUM, Ryan Specialty Group has a growing presence in the marine market — a confluence of market conditions and its own strategic decisions could mean further growth. Read more.
May 14, 2018 - Fort Lauderdale, FL – SafeWaters Underwriting Managers (“SafeWaters”) is pleased to announce the appointment of Kevin Kempf as Vice President, Head of Cargo - US. Kevin is based in Melville, NY. Kevin joined SafeWaters on 1 April 2018 and comes with extensive knowledge of cargo insurance and more than fourteen years [...]
SafeWaters Expands Marine Offering to Include Cargo, Hull & Machinery, and Marine Liabilities Coverages
February 13, 2018, Fort Lauderdale, FL – SafeWaters Underwriting Managers (“SafeWaters”) is pleased to announce a new delegated authority underwriting agreement to provide the U.S. and Latin American markets with an expanded, comprehensive insurance offering of Ocean Marine products backed by Aspen Insurance, the insurance segment of Aspen Insurance Holdings Limited (NYSE: AHL) (“Aspen”). Effective [...]
October 31, 2017, FORT LAUDERDALE, FL – SafeWaters Underwriting Managers (SafeWaters) announced today their expanded capacity for Yacht Insurance with Everest National Insurance Company, an A.M. Best A+ rated carrier within the group of Everest Insurance® companies. SafeWaters provides physical damage coverage and P&I for yachts ranging in value from $100,000 to $25 million. Commenting [...]
April 25, 2016, CHICAGO, IL - Ryan Specialty Group (RSG), the global specialty insurance services business based in Chicago, announced today that marine insurance executive, Jorge Pecci, has joined the company as President and CEO of the newly formed specialty marine underwriting manager, "Safe Waters". Mr. Pecci is responsible for all aspects of the specialty marine [...]