Finance and Insurance

New marine underwriting agency launches

Kevin Wolfe, a 40+ year veteran of the marine insurance market and US private equity firm Beat Capital Partners, have launched specialty marine underwriting agency, Marcato Marine Insurance Services.

Marcato will have the capacity to offer project cargo limits up to $147.5m, and $20m for cargo/warehouse, hull/P&I, and marine liabilities.

Wolfe, formerly with Allianz, commented: “There is a wealth of unrealised opportunity within the marine market and I look forward to re-connecting with our broker colleagues and building new and enduring relationships with those who may not be as familiar with marine insurance placements.”

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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