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Primary Loss of Earnings (PLOE) cover
milestone that is 2022!
Primary Loss of Earnings
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About Us
OUR HISTORY
Based in Stockholm, Nordic Marine Insurance (Nordic) is a leading independent marine insurance company and provider of niche insurance products to the global maritime industry.
We were founded in 2012 and approved by the Swedish FSA as per the Solvency II regulations in Europe as well as an approved Lloyd’s Cover Holder the following year.
Our team of leading professionals have more than 200 years of cumulative experience in all marine insurance fields. Dan Lennhammer, Nordic’s Managing Director, together with Claudio Blancardi, Underwriter and Marketing Director and Magnus Hammarqvist, Claims Director have all been with Nordic since its creation.
We are focussed on niche marine insurance products but with the benefit of strong partnerships with major re-insurers we can also provide other mainstream marine covers.
OUR OBJECTIVE
We design effective solutions to the potential problems that ship operators face every day. We provide niche, made to measure products combined with expert advice and committed, reliable service.
OUR PRIORITIES
We work closely with our clients, meeting their needs by providing flexible solutions backed by A rated security. Our focus is on creating high quality and long-term relationships.
OUR PRODUCTS
We offer fixed premium insurance for the marine industry, specialising in Delay Insurance, Primary Loss of Earnings, Maritime Lien Solutions and other specialised covers for vessels.
The team
Dan Lennhammer
Managing Director
Dan has vast experience in Marine insurance as Claims Director Skuld P&I Club, Insurance broker and Legal counsel. He has a very good knowledge of all types of Marine Insurance.
Jan Limnell
Deputy Managing Director & UW Director
Jan has a long career within marine insurance underwriting, latest as Director of Marine Insurance at Alandia with responsibility for all commercial marine lines.
Claudio Blancardi
Marketing Director
Claudio worked for the managers of the Strike Club for over nineteen years before joining Nordic Marine Insurance.
Constantinos Elmaoglou
Underwriting and marketing
Constantinos is based in Athens and before joining Nordic Marine Insurance worked as a Marine Insurance Broker and Risk Consultant.
Yiannis Minovioudis
Underwriting and marketing
Yiannis is based in Athens and before joining Nordic Marine Insurance he worked as a H&M underwriter.
Mathias Lindqvist
Underwriting and marketing
Mathias joined Nordic from the marine IT industry and a position as a Product Manager. Previous to this he has 10 years of experience as a H&M and P&I underwriter for Alandia.
Magnus Hammarqvist
Claims Director
Magnus is a Master Mariner with long experience at sea, former Chief Nautical Inspector at the Swedish Accident Investigation Authority and many years in P&I and H&M insurance.
Konstantinos Korais
Claims Executive
Konstantinos is based in Athens and has a degree in Shipping Management. Before joining Nordic he has worked for the American P&I Club and as Marine Insurance Broker.
Charlotte Djerf
Chief Governance Officer
Charlotte is a maritime lawyer with long experience from Marine insurance. Before joining NMI she was head of a Marine Insurance team in a large Swedish insurance company.
Sofie Eliasson Rexborg
Accounting Manager
Sofie has a background as a consultant in the accounting field where she’s worked at both large and small companies in different branches of industry.
Paula Toth
Accountant
Paula has over 20 years’ accounting experience and has worked 13 years for Howden Insurance Brokers in Stockholm with accounting and administrating insurances.
Caterina Vaccari
Assistant
Caterina has been working with administration in Italy for years before moving to Sweden and deciding to deepen her accounting knowledge.
Products
DELAY INSURANCE
Nordic’s “flagship” cover is our fixed premium Delay Insurance, which provides protection against loss of earnings following delays caused by a wide range of marine and onshore perils.
In 2022, the year of our 10th Anniversary, a Primary Loss of Earning (LoE) insurance is launched, providing cover for loss of earnings following physical damage to a vessel recoverable under the underlying H&M cover.
A “Buy back” option for delays during the initial 14 days’ delay until conventional Loss of Hire (LoH) cover kicks in.
Nordic has developed several highly specialised, bespoke covers to meet operators’ constantly changing needs for protection.
OUR COVERS
HULL & MACHINERY
PRIMARY LOSS OF EARNINGS
DELAY – OWNERS
News & Insights
