AHHIC in ELNAVI Special Report on Marine Insurance

AHHIC In ELNAVI Special Report On Marine Insurance_result
‘Our track record in providing Hull & Machinery cover to shipowners is second to none’, told Evangelos Gagkos, Underwriting Manager of AHHIC, in ELNAVI Special Report.

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Our track record in providing Hull & Machinery cover to shipowners is second to none”, told Mr. Evangelos Gagkos, Underwriting Manager of AHHIC in ELNAVI special report in Marine Insurance. Mr. Gagkos described company’s greatest landmarks from 2016 until today and commented on the latest trends and developments in marine insurance market, such as digitalization, decarbonization, cyber risks and the role of marine insurance broker in the future.

In addition, he mentioned that Greek shipowners have retained their role as top players in world shipping and it is clear that they operate very efficient ships that can compete successfully in an industry that is subject to greater demands for efficiency and higher environmental standards. “I think that nowadays the efficiency of Greek vessels and the high technical expertise of the shipowners is recognized and very well appreciated throughout the marine insurance market”, underlined Mr. Gagkos.

Moreover, he stressed that marine insurance market is entering uncharted waters trying to respond to the new challenges arising from the digitalization of shipping industry and the introduction of new standards.

“At AHHIC we do follow market’s trends with the aim to lead in the H&M market. Our highly qualified personnel has the right talent to respond to all those emerging issues and provide new services in compliance with the global shipping industry and IMO’s regulations. We stand ready to provide highly synergistic hull and machinery solutions to the global shipping industry. Our target is to double the value of the company’s initial investment within the next five years. But our goal is also to remain close to our shipowner clients, constantly working to fine-tune and innovate in terms of our marine insurance products and services to the industry”, stated Mr. Gagkos.

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CEO Ilias Tsakiris was recognized in The Investor Greece 2019 for his leadership in business and social responsibility. Throughout the year, Hellenic Hull made an impact at key industry events like the Capital Link Cyprus Forum, Insurance Conference, Delphi Economic Forum, and Maritime Cyprus 2019, advancing discussions on marine insurance and sustainability. The association also strengthened stakeholder engagement through presentations in Piraeus, London, and at P&I conferences. A standout moment was Tsakiris’ presentation at the World Maritime University, affirming Hellenic Hull’s dedication to training and education.

By 2001, the tides had shifted in favor of Hellenic Hull Mutual. At its 7th AGM, Hellenic Hull reported an impressive leap in its portfolio. The number of insured vessels had nearly doubled to 222, with a combined entered value exceeding $350 million.

HMA’s Chair Mr. Dounis shared an ambitious vision: the establishment of a marine campus in Greece, dedicated to promoting marine protection and ocean sustainability.

In April, Hellenic Hull made a notable contribution to the Merchant Marine Academy in Hydra, donating a GPS electronic device to enhance the students’ educational experience.

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