Northern Lloyd names new head of P&I

Germany-based marine insurance broker Northern Lloyd has named Paul Cole as Head of P&I. Cole will also take on the role of Regional Director UK.

Paul Cole started his career in the maritime insurance industry in 1994 and has since held director roles at AON and BMS Harris & Dixon, among others, before joining Miller Insurance Services LLP in 2018.

Northern Lloyd managing-owner Stefan Gläbe said that “the signing of Paul Cole is another milestone in the further development of our international growth strategy. Paul Cole’s excellent longstanding relationships with the various P&I Clubs will enable us to provide the best possible service to our international client base, especially in the current challenging times in the P&I market.”

Northern Lloyd was founded 2008 in Bremen, Germany, emerging from the marine insurance department of A. Atermann Assekuranz, which was founded in 1837. It is headquartered in Bremen and has offices in London, Limassol, Athens and Abu Dhabi. Its primary focus is on Hull & Machinery, P&I, War Risk and Loss of Hire insurances as well as other marine specialty insurance products.