The Sustainable Blue Economy Finance Principles guide AHHIC underwriting, finance and claims processes.
American Hellenic Hull Insurance Company is among the leading signatory companies to the Sustainable Blue Economy Finance Initiative as a member of the global community of banks, insurers and investors of UN Environment Programme Finance Initiative (UNEP FI).
Endorsed by the European Commission, WWF, the World Resources Institute and the European Investment Bank (EIB), the Sustainable Blue Economy Finance Principles serve as a global framework for financing a sustainable ocean economy. This global initiative aims to strengthen the insurance industry’s contribution as risk managers, insurers and investors to building resilient, inclusive and sustainable blue economy.
As a marine insurer, American Hellenic Hull Insurance Company provides hull and machinery services to the international shipping industry that is currently called upon to adapt to a wide range of challenges. Not least among these are new requirements deriving from the International Maritime Organization’s regulations aimed at reducing the industry’s impact in the environment and new risks related to sustainability.
At American Hellenic Hull, we fully support the Sustainable Blue Economy Finance Initiative, aiming to apply the principles and incorporate the emerging social, environmental and business issues into our sustainable and holistic approach, while working together with the European Commission and the United Nations.
Since inception, our company has sought to be a leader within our sector in offering greater transparency, responsiveness to clients, greater reliability and more awareness of risk to the shipping market. We are prioritizing Sustainable Development Goals at all levels of company activity. Safety, security and sustainability are at the heart of our underwriting and claims processes.
AHHIC believes in being proactive to achieve a more sustainable future. This is particularly important in the marine insurance sector, given the essential role of insurance and the pivotal role that maritime transport plays in global sustainability.