NorthStandard and Noord Nederlandsche P&I Club (NNPC) have formalised a strategic partnership to drive growth and diversification in the maritime insurance sector.
NorthStandard and NNPC Forge Strategic Partnership for Growth
November 28, 2024 – NorthStandard and Noord Nederlandsche P&I Club (NNPC) have formalised a strategic partnership to drive growth and diversification in the maritime insurance sector.
Strengthening a Longstanding Relationship
Building on a collaboration that began in 2008, the partnership names NorthStandard as NNPC’s exclusive reinsurer. This expanded agreement enables NNPC to offer additional products and services supported by NorthStandard, enhancing value for existing and future members.
Supporting Shared Ambitions
The partnership was signed on November 27, 2024, at a ceremony in Newcastle. NNPC Chairman Rob Beets stated: “Formalising this partnership strengthens our shared history and future vision. It gives us full confidence in achieving NNPC’s long-term growth and diversification goals.”
A European Connection
Jeremy Grose, Managing Director of NorthStandard, added: “This partnership reinforces our commitment to NNPC and the European maritime sector. We are excited to collaborate further to meet our shared growth objectives.”
The agreement solidifies NorthStandard’s role as a key partner in supporting NNPC’s expansion in Northern Europe’s coastal insurance market.
