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Norwegian Hull Club to open an office in London

Norwegian Hull Club to open an office in London
The Norwegian Hull Club (NHC) is planning to open an office in London its first office outside Norway apart from medical insurance business based in the Philippines.

The office to be based close to the Lloyd’s market will initially have a staff of three, including two underwriters. The number of staff is expected to rise in the first year.

The club said it expected the office to operational this year.

“A London office presents considerable benefits for NHC. For some time, our major London-based brokers have told us they would be extremely supportive of the club having a presence here,” said Faz Peermohamed chief executive of NHC.

“It also makes much sense from our perspective as the bulk of our business is via the broker markets, and London has the greatest concentration of those brokers.”

NHC insurers over 10,000 vessels and offshore units and has offices in Bergen, Oslo and Kristiansand with its spin off Marine Benefits has a serviced office in Manila.