Russia Oil Trade – Compliance / Regulatory Update on G7 price-cap Per-Voyage
Attestation Requirement Applicable From 19 February 2024
Russia Oil Trade – Compliance / Regulatory Update on G7 price-cap Per-Voyage
Attestation Requirement Applicable From 19 February 2024
About us
Our history
Based in Stockholm, Nordic Marine Insurance (Nordic) is a leading independent marine insurance company and provider of niche insurance products to the global maritime industry.
We were founded in 2012 and approved by the Swedish FSA as per the Solvency II regulations in Europe as well as an approved Lloyd’s Cover Holder the following year.
Our team of leading professionals have more than 200 years of cumulative experience in all marine insurance fields. Dan Lennhammer, Nordic’s Managing Director, together with Claudio Blancardi, Underwriter and Marketing Director and Magnus Hammarqvist, Claims Director have all been with Nordic since its creation.
We are focussed on niche marine insurance products but with the benefit of strong partnerships with major re-insurers we can also provide other mainstream marine covers.
Our objective
We design effective solutions to the potential problems that ship operators face every day. We provide niche, made to measure products combined with expert advice and committed, reliable service.
Our priorities
We work closely with our clients, meeting their needs by providing flexible solutions backed by A rated security. Our focus is on creating high quality and long-term relationships.
Our products
We offer fixed premium insurance for the marine industry, specialising in Delay Insurance, Primary Loss of Earnings, Maritime Lien Solutions and other specialised covers for vessels.
The Nordic Way
Nordic is the market reference point for innovative fixed premium Primary Layer Insurance Solutions.
We’re also able to offer selective mainstream products, meaning that we can meet our client’s entire marine insurance requirements and their expectations on service, competence and financial security, all for a fixed cost.
Sticking to these fundamentals for the benefit of our clients is at the centre of everything we do here at Nordic.
The Team
Dan Lennhammer
Jan Limnell
Claudio Blancardi
Constantinos Elmaoglou
Yiannis Minovioudis
Mathias Lindqvist
Kyriaki Margeti
Magnus Hammarqvist
Konstantinos Korais
Charlotte Djerf
Therese Rislund
Paula Toth
Marie Pettersson
Caterina Vaccari
Our products
A new concept: YOUR insurance package!
Nordic’s foundational cover, in 2012, was fixed premium Delay Insurance, a product we have regularly improved and developed since, but Nordic also developed several highly specialised, bespoke covers to meet operators’ constantly changing needs for protection.
2022, the year of our 10th Anniversary, saw the launch of Nordic Primary Loss of Earning for H&M (PLoE-H&M), a client and broker friendly cover triggered by incidents recoverable under the underlying H&M and only for the initial 14 days’ delay.
2023 saw the launch of Nordic Hull MGA facility, followed in 2024 by a new Maritime Lien cover, for Bareboat Charterers Debts, and later in the same year, our latest: Nordic Primary Loss of Earning for P&I (PLoE-P&I), triggered by the underlying P&I policy.
Nordic deliver mainstream as well as niche solutions in pragmatic, cost and work efficient formats.
Our covers
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CONTACT US TO DISCUSS ANY BESPOKE COVER NEEDS
News & Insights
FOLLOW OUR POSTS ON LINKEDIN
The Suez Canal blockage, highlighted for many the need for delay insurance.
At Nordic Marine Insurance this has been far from a 'Black Swan' event, and in 2020 alone, many shipowners faced a number of unprecedented events where mandatory P&I and H&M cover does not fit the bill.
Time to go 3D?
The Wall Street Journal spoke to Claudio Blancardi to discuss the impending delays arising from the disruption on the Suez Canal.
The overwhelming majority of the 230-plus ships currently at a standstill in the wake of the Suez Canal grounding are not covered for delay insurance and will not be able to reclaim for the potentially sizeable out-of-pocket expenses for shipowners and charterers.
Our own Claudio Blancardi spoke with Lloyd's List.
2020: A new strategic partnership, a rebrand and keeping business as usual throughout the Covid-19 pandemic.
Our MD Dan Lennhammer shares his thoughts.
Contact Us
Nordisk Marinförsäkring AB – Nordic Marine Insurance Ltd
Narvavägen 7, 114 60 Stockholm, Sweden
All direct numbers found under The Team above
Email: insurance@nmip.se
Telephone Number: +46 8 5511 1050
59.333250, 18.092264
