19 September, Cape Town. Richard Turner, European Director of Global Risk Solutions at RSA Insurance Group has been elected President of the International Union of Marine Insurance (IUMI).
In accordance with the Articles of Association, IUMI’s Council formally elected Richard at their annual meeting which was held today, the final day of the IUMI annual conference in Cape Town. Richard, who has been closely associated with the global marine insurance market for 35 years, will serve a four-year term as President. He said:
“IUMI is the global voice of marine insurance and is the professional body that represents national and international marine insurers. It brings together marine and offshore energy underwriters from across the globe and is highly respected throughout the marine and insurance industries. It is an honour to be elected President, particularly as my nomination was put forward and confirmed by industry peers. I look forward to continuing the good work of my predecessor and advancing IUMI’s agenda in a number of areas over the coming four years.”
Richard has had a long relationship with IUMI having served on the Executive Committee between 2011 and 2015 and, before that, as a member of the Nominating Committee.
Richard succeeds Dieter Berg whose four-year term of office was completed today. On handing over the reins, Dieter said:
“Richard is the perfect candidate to take over from me and I wish him the very best in this demanding but highly satisfying role. During my term as President, I was fortunate to work with colleagues and the Secretariat to progress a number of initiatives. Together, we strengthened our Asia presence with the establishment of an IUMI Asia Hub in Hong Kong; we have grown our influence at a political and industry level; we have developed a growing education forum; and we have strengthened and modernised our external communications. I would like to thank my industry colleagues who have devoted so much of their time to IUMI and also to the Secretariat for their invaluable professional support over the past four years. With Richard now at the helm, I have every confidence that IUMI is in the safest of hands.”
Ends
Richard Turner Biography
Richard Turner, FCII, has worked in the insurance industry for 35 years. He has been in marine insurance for virtually all of that time, specifically for the RSA Insurance Group based in London.
His career has seen him in the role of Hull underwriter from 1989 to 2001. He went on to run RSA’s London Market Marine operation from 2002 to 2009 before becoming Europe Marine leader.
In 2010, Richard was promoted to become leader of RSA’s Global Marine business, with 30 operations throughout Europe, Asia and Latin America – a role which he carried out until just last year.
Today, Richard is the Managing Director of RSA’s Global Speciality business in Europe.
From 1 September, he will be appointed as CEO of RSA’s newly created post-Brexit unit in Luxembourg. He continues to oversee Marine units in nine countries throughout Europe and DIFC.
Richard has held a number of industry positions. He is a former member of both the London Market Joint Hull Committee and the General Committee of Lloyds Register. He is the former Chairman of the Marine Technical Committee of the International Underwriting Association (the IUA) and for the last few years, has been a member of the IUA Board.
Richard has been a strong supporter of IUMI. His first conference was in New York in 2002 and he has been a regular attendee ever since. He served on the Nominating Committee from 2008 to 2011, and on the Executive Committee from 2011 to 2015. For the last couple of years, Richard has been a member of the IUMI Education Committee.
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Notes to editors:
The International Union of Marine Insurance (IUMI) represents 40 national and marine market insurance and reinsurance associations. Operating at the forefront of marine risk, it gives a unified voice to the global marine insurance market through effective representation and lobbying activities.
As a forum for the exchange of ideas and best practice, IUMI works to raise standards across the industry and provides opportunities for education and the collection and publication of industry statistics. IUMI is headquartered in Hamburg and traces its roots back to 1874.
