American Hellenic backs scholarships for WMU postgraduate marine insurance diploma

Latest initiative brings agreement with WMU fully into effect.

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American Hellenic Hull Insurance Company has agreed to become the key funder of scholarships for the Postgraduate Diploma in Marine Insurance Law & Practice at the World Maritime University (WMU) based in Malmo, Sweden.

The initiative in support of the postgraduate course, that originated in 2005 and is recognised by the Chartered Insurance Institute (CII), is based on the the Memorandum of Understanding signed between AHHIC and WMU in 2019.

The Diploma is also supported by the International Union of Marine Insurance (IUMI).

The content of the distance learning programme was comprehensively updated and revised in 2020, integrating regular online webinars on shipping industry trends and developments in the marine insurance sector with the five core modules of the programme.

Participation by professionals from different sectors of marine insurance contributes to a WMU course that offers future marine insurance professionals an outstanding academic foundation for their career in the industry.

AHHIC’s commitment to foster marine insurance education is in line with its aim of promoting UN Sustainable Development Goal (SDG) 4, to which the WMU also subscribes.

Other aspects of the MoU between AHHIC and WMU include providing professional development courses and exploring the coordination of marine insurance-related events.

For further information, please contact: marketing@hma.com.cy

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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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