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Bjornar Andresen, Chief Underwriting Officer at Gard said: “London is a focal point for the global marine insurance industry, with almost one third of the world’s marine and energy premiums being placed there. As a market-leading player, we want to make sure our presence in this centre reflects its importance with a first-class team. The depth of Magne’s experience and breadth of expertise across our entire product range makes him an excellent fit.”

Magne will continue to lead Offshore Energy and Marine Builders Risk segment, while taking responsibility for all business routed through the London branch. He will report to Group Chief Underwriting Officer, Bjornar Andresen.

 

ENDS

Notes to Editors

  1. Gard is a shipowner-controlled provider of P&I, marine and energy insurance products, with gross written premium of USD 824 million, with over 500 staff in 13 offices around the world.
  2. The direct insurance entities within the Gard group; Gard P. & I. (Bermuda) Ltd, Assuranceforeningen Gard, Gard Marine & Energy Limited and Gard Marine & Energy Insurance (Europe) Limited are rated ‘A+' by Standard & Poor’s.

 

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