Simon Swallow, who retired as chief executive of Shipowners’ Club earlier this summer, has joined insurer Shoreline in a consultancy role.
Bermuda-based Shoreline said it wants to take advantage of Swallow’s extensive experience as a P&I executive to help it to continue to build and diversify its business.
Swallow joined the Shipowners’ Club in 1991 before becoming chief executive in 2015.
Under his leadership, the club’s entered fleet grew to 33,000 vessels and it developed its niche market for providing mutual insurance for small and specialised ships.
Shoreline chief executive Thomas Brown said: “His remarkable track record in the marine insurance industry and his profound understanding of the sector’s nuances will be invaluable to Shoreline Ltd as we continue to provide cutting-edge insurance solutions to our clients.”
Shoreline’s business is built around providing insurance solutions that complement shipowners’ P&I insurance cover.
Its main business line is providing Certificate of Financial Responsibility (COFR) guarantees for ships trading to the US.
But, it has branched out into other areas such as cyber insurance and most recently into providing cover for crew held in the US for Marpol related offences.
“I look forward to collaborating with the talented team at Shoreline and helping the company navigate the challenges and opportunities in this dynamic sector," Swallow said.
