2020
Global Recognition amidst an unprecedent crisis
The year 2020 was one of unprecedented global challenges, but for Hellenic Hull, it was also a year of historic achievements and international recognition.Â
2016
Making Waves
Launch of the AHHIC
Leadership team
Ilias Tsakiris, Vincent Solarino, Dorothea Ioannou, Manolis Hadjimanolis, Demos Demou, Joseph Hughes, Angelos Kostakos, Andreas Georghadjis, and James Corcoran
2017
A Year of Explosive Growth
By the close of 2017, American Hellenic Hull Insurance Company (AHHIC) had achieved what few thought possible—it insured 1,997 vessels in its first full year, nearly hitting the ambitious 2,000-ship target set when the company launched in 2015.
Connecting with the Industry
2018
Exceeding Expectations
2,297 insured vessels
Giving back to the community
Our public presence
Hellenic Hull donated the first-ever lending library to the smallest primary school in the European Union, at Arki island.
2019
Leading the way
2,725
vessels insured
and increased gross written premiums to $14.2 million
Legacy in education & sustainability
Sustainability
Worldwide presenceÂ
Insured fleet to a remarkable
3,081 vessels
while gross written premiums surged to $15.7 million
Ilias Tsakiris was elected Member of the Ocean Hull Committee of IUMI, being the first representative from the Greek and Cypriot markets to be elected to the Ocean Hull Committee of the International Union of Marine Insurance (IUMI)
Hellenic Hull also advanced, becoming the first marine insurance management company to join the Sustainable Blue Economy Finance Initiative under the United Nations Environment Programme
Hellenic Hull’s commitment to environmental stewardship led to the release of its first Sustainability Report, aligning with the Principles for Sustainable Insurance and contributing to the inaugural ESG Management Guide for Non-Life Insurance
Hellenic Hull continued its focus on sustainability and innovation, ensuring that its vision for the future remained on course
Ilias' leadership was further acknowledged when he was listed among the Top 10 Marine Insurers in Lloyd’s List’s Top 100 in Shipping, marking a defining moment for both Tsakiris and Hellenic Hull on the world stage
In line with its commitment to environmental responsibility, the association became a key player in the Ship Recycling Transparency Initiative, advocating for sustainable practices in ship recycling.
2021
Record-Breaking Achievements
and the Drive for decarbonization
and the Drive for decarbonization
Highest-ever insured fleet with
3,185 vessels
A Vision for the Future
Hellenic Hull became a founding member of the Poseidon Principles for Marine Insurance, aligning itself with global initiatives to promote sustainable shipping practices.
HMA supported the next generation of maritime professionals by offering bursaries for the World Maritime University’s Postgraduate Diploma in Marine Insurance, while the company’s young executives participated in the Global Maritime Forum’s Future Maritime Leaders Essay Competition
2022
A year of expansion
In February 2022, the American Hellenic Hull Insurance Company rebranded as ASOMIC, American Club (Europe), marking a new phase in the company’s growth and its expansion into the European market, offering protection and indemnity insurance to the global shipping community
E-sealearning
In partnership with HELMEPA, Hellenic Hull launched a Sustainable Blue Growth Program aimed at primary school students on remote Greek islands. This initiative reflected the association’s deep commitment to education and environmental sustainability, empowering the next generation to protect their marine environment
A major milestone
CEO Ilias Tsakiris was elected Chair of the Ocean Hull Committee of the International Union of Marine Insurance (IUMI), reflecting his global leadership and the respect he commanded in the marine insurance community. Ilias also contributed to the IUMI People initiative, discussing the challenges and opportunities posed by decarbonization in shipping
Global Presence
2023
A Year of Recognition and Innovation
Leader in Sustainability
ESG Shipping Awards
Hellenic Hull’s contributions extended far beyond business. At the 1st ESG Shipping Awards 2023, the company received the ESG Community Contribution award for its valuable support of primary schools in remote areas of Greece. This recognition highlighted the association’s broader social mission to positively impact communities beyond the maritime sector.
By 2023, Hellenic Hull had firmly cemented its place as a leader in marine insurance and sustainability. A key milestone was the publication of the association’s first-ever Climate Report as a founding member of the Poseidon Principles for Marine Insurance.
Global Presence
2024
Sailing Toward New Partnerships & Innovation
Strengthening Maritime Education Across Europe
Partnership with
the University of Piraeus
Climate Accountability
The year began with Hellenic Hull publishing its second Climate Alignment Report, reaffirming its commitment to aligning with the IMO’s Emissions targets for 2050
Partnership with
the University of Aegean
Driving digital transformation through Artificial Intelligence
A Strategic Alliance:
Partnership with SiriusPoint
Hellenic Hull formed a strategic alliance with SiriusPoint, a global leader in insurance and reinsurance, to keep its offerings at the industry’s cutting edge. This partnership focuses on delivering Hull & Machinery (H&M) coverage, merging Hellenic Hull’s expertise with SiriusPoint’s global reach. The partnership was introduced at a Working Brokers Luncheon held at the Piraeus Marine Club.
Ilias Tsakiris @IUMI2024
A highlight of the year was Ilias Tsakiris’s participation at the International Union of Marine Insurance (IUMI) Annual Conference in Berlin, where he chaired the Ocean Hull Committee workshop. This record-breaking event gathered over 850 industry experts to discuss the latest trends, challenges, and innovations in Hull & Machinery insurance.
Participation in
Key Industry Events
The People Behind the Success
Hellenic Hull’s story isn’t merely one of policies, numbers, or market strategy—it’s a tale of visionary leaders and a dedicated team who turned a bold idea into one of the most respected names in marine insurance. It’s about the people who believed in the vision, strategized with precision, and turned challenges into opportunities, propelling Hellenic Hull toward enduring success. The people that continually charting its course toward greater horizons.
2016
Making Waves
Launch of the AHHIC
Leadership team
Ilias Tsakiris, Vincent Solarino, Dorothea Ioannou, Manolis Hadjimanolis, Demos Demou, Joseph Hughes, Angelos Kostakos, Andreas Georghadjis, and James Corcoran
2017
A Year of Explosive Growth
By the close of 2017, American Hellenic Hull Insurance Company (AHHIC) had achieved what few thought possible—it insured 1,997 vessels in its first full year, nearly hitting the ambitious 2,000-ship target set when the company launched in 2015.
Connecting with the Industry
2018
Exceeding Expectations
2,297 insured vessels
Giving back to the community
Hellenic Hull donated the first-ever lending library to the smallest primary school in the European Union, at Arki island.
Our public presence
2019
Leading the way
2,725
vessels insured
and increased gross written premiums to $14.2 million
Legacy in education & sustainability
Sustainability
Worldwide presenceÂ
2020
Global Recognition amidst an unprecedent crisis
The year 2020 was one of unprecedented global challenges, but for Hellenic Hull, it was also a year of historic achievements and international recognition.Â
The COVID-19 Pandemic
Insured fleet to a remarkable
3,081 vessels
while gross written premiums surged to $15.7 million
Hellenic Hull continued its focus on sustainability and innovation, ensuring that its vision for the future remained on course
Ilias Tsakiris was elected Member of the Ocean Hull Committee of IUMI, being the first representative from the Greek and Cypriot markets to be elected to the Ocean Hull Committee of the International Union of Marine Insurance (IUMI)
Ilias' leadership was further acknowledged when he was listed among the Top 10 Marine Insurers in Lloyd’s List’s Top 100 in Shipping, marking a defining moment for both Tsakiris and Hellenic Hull on the world stage
Hellenic Hull also advanced, becoming the first marine insurance management company to join the Sustainable Blue Economy Finance Initiative under the United Nations Environment Programme
In line with its commitment to environmental responsibility, the association became a key player in the Ship Recycling Transparency Initiative, advocating for sustainable practices in ship recycling.
Hellenic Hull’s commitment to environmental stewardship led to the release of its first Sustainability Report, aligning with the Principles for Sustainable Insurance and contributing to the inaugural ESG Management Guide for Non-Life Insurance
2021
Record-Breaking Achievements
and the Drive for decarbonization
and the Drive for decarbonization
Highest-ever insured fleet with
3,185 vessels
Hellenic Hull became a founding member of the Poseidon Principles for Marine Insurance, aligning itself with global initiatives to promote sustainable shipping practices.
HMA supported the next generation of maritime professionals by offering bursaries for the World Maritime University’s Postgraduate Diploma in Marine Insurance, while the company’s young executives participated in the Global Maritime Forum’s Future Maritime Leaders Essay Competition
A Vision for the Future
2022
A year of expansion
In February 2022, the American Hellenic Hull Insurance Company rebranded as ASOMIC, American Club (Europe), marking a new phase in the company’s growth and its expansion into the European market, offering protection and indemnity insurance to the global shipping community
A major milestone
CEO Ilias Tsakiris was elected Chair of the Ocean Hull Committee of the International Union of Marine Insurance (IUMI), reflecting his global leadership and the respect he commanded in the marine insurance community. Ilias also contributed to the IUMI People initiative, discussing the challenges and opportunities posed by decarbonization in shipping
E-sealearning
In partnership with HELMEPA, Hellenic Hull launched a Sustainable Blue Growth Program aimed at primary school students on remote Greek islands. This initiative reflected the association’s deep commitment to education and environmental sustainability, empowering the next generation to protect their marine environment
Global Presence
2023
A Year of Recognition and Innovation
Leader in Sustainability
By 2023, Hellenic Hull had firmly cemented its place as a leader in marine insurance and sustainability. A key milestone was the publication of the association’s first-ever Climate Report as a founding member of the Poseidon Principles for Marine Insurance.
ESG Shipping Awards
Hellenic Hull’s contributions extended far beyond business. At the 1st ESG Shipping Awards 2023, the company received the ESG Community Contribution award for its valuable support of primary schools in remote areas of Greece. This recognition highlighted the association’s broader social mission to positively impact communities beyond the maritime sector.
Global Presence
2024
Sailing Toward New Partnerships & Innovation
The year began with Hellenic Hull publishing its second Climate Alignment Report, reaffirming its commitment to aligning with the IMO’s Emissions targets for 2050
Strengthening Maritime Education Across Europe
Partnership with
the University of Aegean
Partnership with
the University of Piraeus
Driving digital transformation through Artificial Intelligence
A Strategic Alliance:
Partnership with SiriusPoint
Hellenic Hull formed a strategic alliance with SiriusPoint, a global leader in insurance and reinsurance, to keep its offerings at the industry’s cutting edge. This partnership focuses on delivering Hull & Machinery (H&M) coverage, merging Hellenic Hull’s expertise with SiriusPoint’s global reach. The partnership was introduced at a Working Brokers Luncheon held at the Piraeus Marine Club.
Ilias Tsakiris @IUMI2024
A highlight of the year was Ilias Tsakiris’s participation at the International Union of Marine Insurance (IUMI) Annual Conference in Berlin, where he chaired the Ocean Hull Committee workshop. This record-breaking event gathered over 850 industry experts to discuss the latest trends, challenges, and innovations in Hull & Machinery insurance.
Participation in
Key Industry Events
The People Behind the Success
Hellenic Hull’s story isn’t merely one of policies, numbers, or market strategy—it’s a tale of visionary leaders and a dedicated team who turned a bold idea into one of the most respected names in marine insurance. It’s about the people who believed in the vision, strategized with precision, and turned challenges into opportunities, propelling Hellenic Hull toward enduring success. The people that continually charting its course toward greater horizons.
