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American P&I Club Managers announce appointments enhancing the experience and capabilities of their Global Services Teams

One appointment in the London office and two in Hong Kong

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NEW YORK, NY, AUGUST 28, 2019: In a circular to Members of the American P&I Club, its Managers, Shipowners Claims Bureau, Inc. (SCB), have today announced that Arsinoi Iliokaftou has been appointed Claims Executive in London, to add further strength to its existing capabilities in the claims liaison sphere, whilst in the Managers’ Hong Kong office, Vicky Cheng and Joe Wan have been appointed as Business Development Executives – Asia to assist in the Club’s and Eagle Ocean Marine (EOM)’s initiatives in this key region of their global activity.

Arsinoi Iliokaftou is a fully-qualified Greek lawyer, as well as holding a master’s degree in maritime law from the City University in London, and is in the process of qualifying as an English solicitor; she is also a Member of the Institute of Chartered Shipbrokers of the United Kingdom. Prior to joining the management team, Arsinoi worked for several years in the London office of another Group club. In addition to her academic and professional qualifications, Arsinoi has extensive practical experience of claims matters of all kinds from every part of the world.

Having gained under- and post-graduate degrees at Shanghai Maritime University, Fudan University, and the Hong Kong Polytechnic University in disciplines ranging from international economics to trade policy and transport logistics, Vicky Cheng served most recently as client manager in the marine department of a major international insurance broker in Hong Kong. Her technical knowledge of the shipping business, coupled with her marine insurance experience, will lend impetus to the Club’s and EOM’s outreach to Members, Insureds, brokers and prospects throughout Asia.

Holding bachelor and master’s degrees in law from the East China University of Political Science and Law and the City University of Hong Kong, Joe Wan also has significant marine insurance experience derived from his previous employment at a leading specialist broker in Hong Kong during which he handled many lines of marine business. As in the case of his colleague Vicky, Joe’s appointment will add considerable strength to the Club’s and EOM’s commercial and developmental capabilities over the months and years ahead.

Joe Hughes, Chairman and CEO of SCB, Inc. and Eagle Ocean Agencies, Inc., managers of the American Club and EOM respectively, commented:

“We are delighted to welcome a group of outstanding professionals to both the American Club’s and EOM’s global teams. My colleagues and I are certain that Arsinoi, Vicky and Joe will add great momentum to the Club’s and Eagle Ocean Marine’s continuing success in growing its market footprint throughout the world, adding value as they do so to the Club’s and EOM’s commitment to service to its Members, insureds and their intermediaries.”

Notes to Editors

The American Club

American Steamship Owners Mutual Protection and Indemnity Association, Inc. (the American Club) was established in New York in 1917. It is the only mutual Protection and Indemnity Club domiciled in the entire Americas and its headquarters are in New York, USA.

The American Club has been successful in recent years in building on its US heritage to create a truly international insurer with a global reach second-to-none in the industry. Day to day management of the American Club is provided by Shipowners Claims Bureau, Inc. also headquartered in New York.

The Club is able to provide local service for its members across all time zones, communicating in eleven languages, and has subsidiary offices located in London, Piraeus, Hong Kong, Shanghai and Houston, plus a worldwide network of correspondents.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

For more information, please visit the Club’s website http://www.american-club.com/

P&I Insurance

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations; typical exposures include damage to cargo, pollution, death/injury or illness of passengers or crew or damage to docks and other installations. Running in parallel with a ship’s hull and machinery cover, traditional P&I cover distinguishes itself from usual forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.