Our Business Continuity Plan in response to the pandemic

We Activated Our Marine Insurance Business Continuity Plan In Response To The Pandemic_result
American Hellenic Hull Insurance Company activated Business Continuity Plan in response to the pandemic.

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Due to the Covid-19 ongoing spread, we have activated our Marine Insurance Business Continuity Plan in response.  The World Health Organization (WHO) has assessed Covid–19 as a pandemic, and this underlines the need for all parts of the value chain to react in a responsible way to address the risks and consequences of this contagious disease.

As marine underwriters, we commit ourselves to monitor and assess the risks closely and diminish high-risk behavior.

The health and wellbeing of our employees is our utmost priority. Therefore, all functions of Hellenic Hull Management and American Hellenic Hull Insurance Company Ltd with immediate effect will be conducted off-site, operating with a remote workforce.

Our management and employees all share the same dedication and loyalty and the readiness to embrace innovation and respond to challenges.

Together with our state-of-the-art information technology, they enable us prevent disruptions to our business and continue to provide premium, bespoke services to our clients securely.

As there is currently no vaccine to prevent Covid-19 infection, we will continue to remind our employees of public health authorities’ recommendations for everyday actions to avoid getting ill and help prevent the spread of respiratory diseases.

We will continuously monitor our employees to identify any cases requiring testing or treatment, and we are closely monitoring the WHO and local health authorities for updates.

We activated our Marine Insurance Business Continuity Plan because we believe that we can minimize the impact of Covid-19 on our staff, our clients, and the public through being prepared and working together.

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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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