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46118_01_26 22.08.00 07:32 Side 30 B A P ‘N cu Pa newsletter SPE CIA LE DIT ION Beacon A new organisation Page 2 ‘New structure sharpens customer focus’ Page 3 Our lady in Piraeus Page 12 Who’s who? Page 13 Number 3 August 2000 46118_01_26 22.08.00 07:33 Side A 46118_01_26 22.08.00 07:33 Side 2 1 Beacon Skuld newsletter In this magazine you will find: A new organisation Page 2 ‘New structure sharpens customer focus’ Page 3 Skuld offices and syndicates Page 5 Skuld’s new structure Page 6 Key staff changes Page 7 Our lady in Piraeus Page 12 Who’s who in Oslo? Page 13 Who’s who in Bergen? Page 20 Who’s who in Copenhagen? Page 21 Who’s who in Hong Kong? Page 24 Do Pre NEW SKULD You are now holding a special issue of Beacon – entirely dedicated to presenting our own organisation. Why? Has introspection taken complete command of our minds? Not quite, we think there is solid justification for doing it. Over the last few months Skuld has seen a change of top management, a considerable slimming of the organisation, the closure of one office, the opening of another and the introduction of a new organisational structure. We believe this calls for a special issue of Beacon. It is sad to see long-serving and loyal colleagues leave, but it is even worse if negative developments are not met with the necessary response. Skuld has now designed an organisation which is more focused, more client-oriented and more balanced. It builds on syndicates which encompass all types of expertise required to provide the necessary customer service. A minirevolution by Skuld’s modest standards, but one which clients hopefully will embrace. Who’s who in Piraeus? Page 25 Contact Skuld Page 26 You will also find mini-portraits of a selected group of people with new, important responsibilities. Last, but not least, you will find the necessary overview to help understand the structure of the new organisation and identify names and faces. Happy reading. Beacon (Skuld newsletter) is the official publication of Assuranceforeningen Skuld (Gjensidig), and is published quarterly. No. 3 August 2000 Issue 174 P.O. Box 1376 Vika N-0114 Oslo, Norway Tel +47 22 00 22 00 Fax +47 22 42 42 22 Telex (56) 71091 SKULD N. Editor in chief Arild Wegener Repro and printing Gan Grafisk as Editorial staff Lise Larson Entire contents ©2000, all rights reserved. Reproduction in whole or in part, without written permission from Skuld is prohibited. Opinions expressed by writers in Beacon are not necessarily those held by Skuld. Skuld assumes no responsibility for unsolicited material. Editorial committee Tor Erik Andreassen Jane Davey Lars Dueled Kari Flaten Thomas Bjørn Larsen Anne Liversedge email:vp.info@Skuld.com Visit our website: http://www.skuld.com Layout NBBJ Reklamebyrå AS Front Page: Skuld employees Arild Wegener su th P& ad ne wa is or se no clu no It of co en co be m or str cla an we wa kin in ch co to in clu ch cu ac co fro no TH AN A 46118_01_26 22.08.00 07:33 Side 3 2 Douglas Jacobsohn, President and Chief Executive Officer, Skuld In order for any enterprise to succeed, it needs to focus on meeting the needs of its customers. We, as a P&I club, must therefore be able to adjust in accordance with the changing needs of our members. And the best way for us to serve our members is to provide them with a flexible organisation which is designed to serve their individual needs. This is the reason why Skuld has now become a syndicate-based P&I club. The concept of syndicates is not entirely new to our Association. It has been in use at our Copenhagen office for more than 15 years with considerable success. As we extend the model to the entire organisation, we do so in the conviction that members will receive better service and better value for money. The old section-based organisation has no doubt created strong, professional clusters of claims handlers, underwriters, legal and other experts. But increasingly we felt the traditional structure was not conducive to form the kind of optimal cross-departmental interaction which owners and charterers are looking for. Extensive consultation with our members has told us that they look for close internal co-ordination in their P&I club, i.e. tight, transparent units in charge of handling ALL aspects of customer relations, not to mention a consistent dialogue and means of communication. That is the message from the market which we have now acted upon. THE RIGHT NUMBER AND RIGHT PEOPLE A considerable amount of work has A new organisation gone into putting together the right number of syndicates, delineating their responsibilities and staffing them properly. Based on geographical criteria we have developed four syndicates in Oslo, two in Copenhagen and one each for Bergen, Hong Kong and Piraeus. Ultimately, there is only one umpire – the market-place. Let me therefore underline that while strongly believing in the merits of our chosen model, it is not cast in stone. If, in the future, it is considered advisable to make adjustments, then these adjustments will be made. BETTER BALANCE Over most of the nineties Skuld has experienced strong growth. There are now more than 5,000 vessels under 90 different flags entered with the Association. I share our Chairman’s view, expressed in the next article, that we need to work on the balance between the various categories of vessels (see table) – not through reduction of existing types of tonnage, but through strengthened presence in other markets. Over the last few months, Skuld has closed one of the most eventful NUMBER OF VESSELS AND TONNAGE PIRAEUS No doubt our other offices will forgive me for extending special greetings to our new office in Piraeus. We are now equipped to make the considerable effort which the important Greek market calls for. Mrs. Lily Karaiscos-Samellas, a wellknown figure in the local maritime community and long-time friend and team player of Skuld, is particularly well qualified to carry the torch for us. We wish her and her staff of competent people every success! 20.02.00 (EX. DRILLING RIGS) OWNERS' ACCOUNT CHARTERERS' ACCOUNT Number of Million vessels GT Tankers 576 17.1 Tankers/Chemicals 189 1.2 LPG/LNG 100 1.5 Combined Oil/Ore 22 1.4 Dry Cargo Bulk 463 8.0 Dry Cargo Tw.D. 1,025 4.0 Ro-Ro/Containers/Semi 305 4.1 Cruise Vessels 31 0.7 Ferries/Passengers 335 0.8 Offshore/Supply 175 0.3 Fishing Vessels 92 0.1 Other Vessels 435 0.4 Total 3,748 39.6 Number of Million vessels GT 113 3.5 54 0.4 6 0.1 512 12.1 496 3.2 136 1.4 1 30 23 0.1 14 0.1 1,385 20.9 PRODUCT DEVELOPMENT Over the next few months you will see us presenting and discussing thoughts and concepts for new products. Without undermining our current standard P&I cover or associated products, we have ideas that could form important new solutions for our members. Clearer than ever, we realise that across our spread of members the insurance needs and requirements vary significantly. chapters in its 103 years of existence. The background is a difficult market situation which is affecting the industry as a whole. The strong action which Skuld has taken, has left a more streamlined and focused organisation which is ready to serve its clients. Douglas Jacobsohn 46118_01_26 22.08.00 07:34 Side 4 3 Beacon Skuld newsletter Chairman of Board sees great opportunities for ‘New Skuld’ ‘New structure sharpens customer focus By Arild Wegener, Vice President Public Affairs, Skuld With the one obvious exception – the appointment in March of Douglas Jacobsohn as acting President & CEO – Chairman Emil Gamborg and fellow members of the Board claim no credit for Skuld’s new organisation. But they welcome it. The Board did not initiate the reorganisation of Skuld into syndicates. It was considered a matter for the Management. Even so, the Chairman has no problem with congratulating the architects. He sees sharper focus and more distinct lines of responsibility. Syndicates are already a proven success at the Copenhagen office and are used by other clubs as well. In short, he is confident that the new organisation will make more effective use of the members’ money by providing an even better product. On 8 March, Emil Gamborg chaired one of the most dramatic Board meetings in the recent history of the Association – perhaps ever. An almost unbroken line of Poulssons came to an end. The reason: a need to adjust the organisation to new and unpleasant realities in the world of maritime insurance. IM Sk Sc fin he sh en so sa bu in ot av its DEPRESSING PREMIUM LEVELS Gamborg makes it abundantly clear that Skuld does not suffer from any other illness than that bedevilling the entire industry: very unsatisfactory premium levels. But Skuld took early action to counter the situation. Since Douglas Jacobsohn took over the reigns, a programme resulting in an annual reduction of USD 4 million in operational costs has been put in place. And the Club pursued its traditional line of being open about its decisions. The Chairman also stresses that Skuld continues to enjoy the benefits of a healthy economy, with reserves well in excess of the minimum requirements stipulated by regulatory authorities. Even so, further strengthening of the reserves is considered desirable in order for the Association to be able to meet a possible long line of even rainier days in the future. THE HISTORIC POSITION He recapitulates ‘traditionally Skuld’s Board held the view that the members – i.e. the owners – should manage the reserves, rather than the Club. Skuld being a mutual, extraordinary needs could be met Emil Gamborg through extraordinary calls.’ The large-scale calls a decade ago made the Board change its mind – but only up to a point. Consequently, reserves have been built up from literally nothing to some USD 100 million in the course of the nineties. The Board has concluded that a further, limited strengthening of the reserves would also be in the members’ interest. That is why the Board and Committee have recommended to the AGM that additional supplementary calls of 10% for policy years 1999 and 1998 should cover part of the deficits for those years. But building up reserves in the magnitude chosen by certain other clubs has neither been perceived as realistic or desirable – Gamborg sees these clubs as clearly overcapitalised. co ‘G ca is re an ca Re wi As do be m pe wh an wi va As TH ‘Jo to th –d 19 illu 46118_01_26 22.08.00 07:34 Side 5 4 ocus’ IMPROVED BALANCE Skuld is an international club with a Scandinavian base. Overall, Gamborg finds the balance satisfactory, but he would like to see the relative share constituted by small vessels engaged in North European waters somewhat reduced. That is not to say that he wants this fleet reduced, but it should be balanced by increased amounts of tonnage in other categories. The cost of servicing a vessel is not necessarily related to its size, but the premium level is. In this perspective, growth continues to be important. ‘Growth in itself, as a feather in the cap, does not amount to much, but is necessary in order to raise additional revenue so that even better products and services requested by members can be funded’, he argues. Relatively more large-size vessels will, in other words, make the Association more cost-effective. In geographical terms, Gamborg does not see it as imperative to be everywhere. But regardless of markets he thinks it is essential to be perceived as a quality association which only accepts quality tonnage and quality managers, and he notes with satisfaction that these basic values seem to pervade all of the Association’s work. THE FIRST PRIORITY ‘Job no. 1, in the time to come, is to meet the challenge confronting the entire marine insurance industry – depressed premium levels. The 1999 accounts, published in July, illustrate the depth of the imbalance. The winners will be those who have the determination to make the necessary adjustments. The claims volume can only be influenced indirectly, through underwriting policies and risk management programmes. The fact that so many parameters are ‘given’, makes it even more imperative to stress those factors that can be influenced’, he argues. the unique International Group co-operation going away. But within that framework, an alliance is one of several options that should be kept open. As long as ownership and control of the mutual element of the Club remain with the members! INDUSTRY STRUCTURE Will many P&I players go away? The Chairman is not in a position to rule this out, but sees new alliances as a more likely scenario; alliances across the traditional dividing lines which criss-cross the world of marine insurance. As for Skuld, he does not envisage neither mutuality nor support of FA C T F I L E Emil Gamborg Age: 62 Positions: Senior Vice President and General Counsel, Wilh. Wilhelmsen Ltd. Chairman of Skuld since 1994 Skuld aims to increase the number of larger vessels in its fleet 46118_01_26 22.08.00 07:34 Side 6 5 Beacon Skuld newsletter Skuld offices and syndicates To service the needs of its 1,500 members, Skuld relies on five offices to control a network of 700 correspondents world-wide, including an exclusive correspondent in New York. The Skuld offices are situated in Oslo, Bergen, Copenhagen, Hong Kong and Piraeus. Kindly note that while distribution of responsibilities is as described, policy in practice will not be guided by absolutism. In simple terms, this means that Skuld will accommodate members who wish to have their matters handled by a particular office or person. ASSURANCEFORENINGEN SKULD (GJENSIDIG), OSLO Skuld is domiciled in Oslo. The office is responsible for overall group corporate functions and certain geographical markets (see table). for Skuld’s promotion in the Far East and has proved especially valuable to the growing number of Scandinavian-based shipping companies establishing branch or liaison offices in the Far East. The defined markets are: Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. SKULD BERGEN AS office in Bergen in 1962 reflected the need for the Club to establish its own office in Western Norway. Its task is to look after Members’ interests and further develop business for Skuld in this part of the country. SKULD HELLAS Skuld Hellas, with its office in Piraeus, was established in 2000 and is the most recent addition to the network of Skuld offices. It covers Cyprus in addition to Greece. The creation of a second Norwegian GEOGRAPHICAL DIVISION OF MARKETS BY SYNDICATE ASSURANCEFORENINGEN SKULD (GJENSIDIG) – DEN DANSKE AFDELING, COPENHAGEN Skuld first established an office in Denmark in 1918. Today, Skuld Copenhagen is responsible for a significant proportion of the Club’s overall business activity. As the only P&I club situated in Denmark, it accounts for the major share of P&I business for this country and also covers Turkey, Iceland and the Faroe Islands. SKULD (FAR EAST) LTD, HONG KONG The establishment of the Hong Kong office in 1989 improved Skuld’s service to its members in the Far East. The office has responsibility Syndicate Oslo 1 Syndicate Leader Geographical area Jonathan Hare France, Italy, Monaco, Portugal, Spain, Switzerland Oslo 2 Claes Westman Estonia, Finland, Latvia, Lithuania, Poland, Russia, Sweden, Ukraine Oslo 3 Lars Dueled Belgium, Netherlands, Luxembourg, USA, Canada, United Kingdom Oslo 4 Egil Gulbrandsen Norway, Germany Copenhagen 1 Anders Ulrik Denmark, Turkey, Greenland Copenhagen 2 Jan Katkjær Denmark, Iceland, Faroe Islands Bergen Kjell Toftesund Western Norway (to be succeeded by Bjørn Flåm) Hong Kong Patrick Wang Australia, China, Hong Kong, Indonesia, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand Piraeus Lily Karaiscos-Samellas Greece, Cyprus S 46118_01_26 22.08.00 07:34 Side 7 6 Skuld’s new structure President and CEO Douglas Jacobsohn Staff Functions • Information: Arild Wegener • General Counsel: Ivar Kleiven • Personnel: Ellen Haugom • Support & Information Centre: To be named Claims Arthur Pilkington Marketing Eric Jacobs Claims support Frank Riley Technical Services Paul Bo Lange Oslo Syndicate 1 Jonathan Hare Oslo Syndicate 2 Claes Westman Oslo Syndicate 3 Lars Dueled Oslo Syndicate 4 Egil Gulbrandsen Bergen Syndicate Kjell Toftesund Controller/ Finance Knut Feiring Underwriting Tor Erik Andreassen Underwriting Support/Reinsurance Steinar Syverstad Business Analysis Michele Innstrand Copenhagen Syndicate 1 Anders Ulrik Hong Kong Syndicate Patrick Wang Offshore To be named Copenhagen Syndicate 2 Jan Katkjær Piraeus Syndicate Lily Karaiscos-Samellas Back Office Michele Innstrand 46118_01_26 22.08.00 07:34 Side 8 7 Beacon Skuld newsletter Key staff changes ERIC JACOBS Age: 33 Background: Law degree from Oslo University. Specialised in maritime law and petroleum law. Board secretary with Bona Shipholding Ltd. 1995-99 and general counsel 1998-99. Bilingual in Norwegian and English after spending childhood in the US. Hopes to achieve: Put Skuld on the map as the most innovative P&I club. To develop new products in close co-operation with the clients, tailor-made to their needs. JO Ag Ba Ca so lit joi Sp oi se wi Geographical focus: Existing markets with particular emphasis on the newly established Skuld office in Greece. Personal interests: Fishing, mountain-climbing and outdoor life in general. Joined Skuld in: 1999 Joi Current position: Executive Vice President, Head of Marketing. Cu He Photo: Espen Sturlason TOR ERIK ANDREASSEN Age: 40 Background: Master of Science in Naval Architecture and Marine Engineering. Background from risk analysis consultancy and marinerelated positions, e.g. with Fred. Olsen & Co. Joined Skuld in: 1998 Current position: Executive Vice President, Head of Underwriting. Hopes to achieve: That the establishment of the syndicates will create dedicated teams with an amalgamation of underwriting and claims skills that improve market focus. Also that the new teams create synergy for our members in the form of improved and new products, better service and better communication with the members. Therefore the number one objective is to make the conversion to syndicates successful. Furthermore, to extend the application of Risk Management methodology into underwriting. This will improve selection and pricing of risks and yield a more stable and positive insurance result for individual syndicates and Skuld as such. Personal interests: Music (sings in a choir), cooking, yachting. 46118_01_26 22.08.00 07:35 Side 9 8 JONATHAN HARE Age: 45 Background: Law graduate from Cambridge university and qualified solicitor. Has dealt with non-marine litigation in private practice until joining Skuld’s legal department. Specialist in tanker disputes and oil pollution with experience from several major incidents. Married with three children. Hopes to achieve: Strengthen and build the strong base which Skuld has in Southern Europe. As P&I should be based on long term relationships, he believes that earning members’ trust and loyalty is most important. Personal interests: Music (of all kinds), reading, hiking. Joined Skuld in: 1989 Current position: Senior Vice President, Head of Oslo Syndicate 1. CLAES WESTMAN Age: 30 Background: Officer of the Royal Swedish Navy. Master of Law from the University of Uppsala. Studies in maritime law at the University of Southampton. During law studies, worked as an Able Seaman on board various coastal vessels. Joined Skuld in: 1997 Current position: Senior Vice President, Head of Oslo Syndicate 2, which inherits the geographical responsibilities of the Stockholm office. Hopes to achieve: Show the market that the level of service can be maintained and even improved, despite the closure of the Stockholm office. Consolidate and subsequently improve market share by increasing the number of members and amount of tonnage. Personal interests: Yachting, downhill and cross-country skiing, long-distance skating. 46118_01_26 22.08.00 07:36 Side 10 9 Beacon Skuld newsletter LARS DUELED Age: 34 Background: Master of Law from University of Copenhagen and subsequently University of London. Postgraduate studies in maritime law at University of Oslo. Worked i.a. with Norway’s Maritime Directorate before joining Skuld. Joined Skuld in: 1996 Current position: Senior Vice President, Head of Oslo Syndicate 3. Hopes to achieve: Consolidation and expansion in all markets. The syndicate will be in charge of Skuld’s considerable US-based involvement in the cruise market (and is therefore particularly well equipped to deal with personnel injury). In the Benelux countries, Skuld has a large number of Dutch owners and Dutch owner members, while in Belgium, the Club has primarily charterer members. Skuld’s UK market is very much related to charterer and offshore members. All markets will be actively cultivated in the future! In addition to maintaining a high service level, the aim is to develop even better products to meet all the members’ insurance requirements. PA Ag Ba Un Ch Co ap of th wi M wi Sp of Ko Personal interests: Family, literature, sailing and tennis (at national level as a junior in Denmark). Joi Cu EGIL GULBRANDSEN Age: 45 Background: Chief Officer. At sea for 14 years. Later studied business management at the Norwegian School of Management. Joined Skuld in: 1989 Current position: Senior Vice President, Head of Oslo Syndicate 4, the largest of the syndicates in premium terms with 142 owner members. Syndicate 4 includes the entire tanker department from the previous claims section in Oslo. Hopes to achieve: Increased market share in Germany, as well as Norway, with the new integrated service product. Includes (like the other syndicates) all types of tonnage, but has a particularly heavy tanker component. The considerable tanker tonnage handled by the Oslo head office is primarily controlled by Norwegian and German owners. Keeping tanker competence together in one syndicate, which also embraces all other customer aspects, was therefore considered essential. Personal interests: Literature, boating and a newly acquired Yamaha 1100 cc. 46118_01_26 22.08.00 07:36 Side 11 10 Age: 39 President, Head of Skuld (Far East) Ltd., Hong Kong, which has a strong, multi-national staff of seven. Background: Master of Law from University of Southampton, UK. Chinese lawyer. Ten years with Cosco (Group) Beijing. His last appointment was General Manager of the commercial department in the Transport Division. Four years with China P&I Club as Deputy Managing Director. Shipping partner with Zhong Lun law office in Beijing. Spent two years in the Oslo head office before transferring to Hong Kong. Hopes to achieve: More P&I clubs have offices in Hong Kong than in London. But Skuld is in a good position to maintain and increase market share in ‘Greater China’ (PRC, HK and Taiwan), Singapore and other rapidly recovering and growing economies and shipping industries in the region. The office is also determined to continue to provide first-class assistance to the other Skuld syndicates when members run into difficulties in the region. Joined Skuld in: 1997. Personal interests: Reading, swimming, tennis – and the skiing skills acquired during the stay in Oslo. PATRICK WANG Current position: Senior Vice ANDERS ULRIK Age: 55 Background: Master Examination. Shipping education. Master of Law from University of Copenhagen. Lecturer University of Copenhagen. Management courses. Joined Skuld in: 1972 Current position: Senior Vice President. Holds two positions at Skuld’s Copenhagen office: overall office head when Hans Levy retires on 1 October and in addition, Head of Copenhagen Syndicate 1. Hopes to achieve: Maintain Skuld’s dominate market position in Denmark and increase market share in Turkey. The Copenhagen office also looks forward to participating in the diversification and development of new insurance and service-related products that benefit the shipping industry as a whole. Personal interests: Family and friends, golf (handicap 14,4), fishing, bridge, running, mountainhiking and reading. 46118_01_26 22.08.00 07:37 Side 12 11 Beacon Skuld newsletter O JAN KATKJÆR Syndicate 2. Age: 45 Hopes to achieve: Maintain and strengthen membership in the Danish and North Atlantic markets by offering the service requested and expected by the clients. Also looks forward to providing additional services and products which will assist the clients in enhancing and optimising their business. Strongly believes that understanding clients’ needs makes the difference in enhancing the value of Skuld’s service. By Vic Background: Master of Law from University of Copenhagen. Postgraduate studies in Maritime Law and Petroleum Law at Scandinavian Institute of Maritime Law, Oslo University. Courses in Management at Stanford University, San Fransisco. Joined Skuld in: 1982, as Claims Executive at the office in Copenhagen. Headed Skuld’s Far East office in Hong Kong from 1993 to 1999. From 1999 to 2000 Vice President, Legal Affairs, at the head office in Oslo. Current position: Senior Vice President, Head of Copenhagen Sk k bi – Sk sa w La ne sc Personal interests: Scuba diving, swimming, sailing, skiing and travelling to other countries to experience their nature, food, people and culture. KJELL TOFTESUND se co jo in until retirement in November 2001 (to be succeeded by Bjørn Flåm). Age: 64 Background: Army officer. Studies in economics and marine law. Worked with London brokers’ firm Lloyd’s of London and with Bergen Hull Club. More than 40 years of P&I experience in both claims and underwriting. Joined Skuld in 1960: Head of Skuld’s former agent in Bergen, AS Assurance-Agentur, up to 1962. Head of Skuld Bergen AS since establishment of office. Current position: Senior Vice President and head of the office Hopes to achieve: Maintain Skuld’s leading position on the West Coast. Looks forward to imminent reinforcement of staff which will enable the office to handle a larger number of cases. Establishment of a syndicate will also allow the office to provide a broader range of services to members in the region. Personal interests: Athletics – a personal best of 10.9 seconds in the 100 metre dash plus ten marathons since turning 50 (now the level of ambition has been scaled down to half marathons), mountain hiking. Bo Lil Gr ‘o he ag ag ag Th m Lil wi lan in hi Ka wa re 46118_01_26 22.08.00 07:37 Side 13 12 Our lady in Piraeus By Arild Wegener, Vice President Public Affairs, Skuld Skuld is sharpening its knives in the world’s biggest shipping nation – Greece. In July a new Skuld office in Piraeus saw the light of day. It will be led by a Grand Lady who is definitely no newcomer to the maritime scene in Greece, having served Skuld as a correspondent since she joined the family firm in 1976. The beginning was not all-Greek. Born in Egypt with Greek parents, Lily Karaiscos-Samellas came to Greece at the age of seven, speaking ‘only’ French and English. In 1965, her father, who had been a Lloyd’s agent in Egypt, established ships’ agents, and average and recovery agents, Karaiscos Maritime Co. Ltd. The Company also represented major cargo underwriters. Young Lily gradually familiarised herself with everything Greek including the language, and took over the business in 1980, cutting short her studies in history and French. Later, the offshore company M. Karaiscos International Corporation was set up for the purpose of representing P&I clubs. With the ongoing conversion into Skuld Hellas Ltd., the Skuld-Karaiscos affair has reached its ultimate stage. The new office, which will be equipped with the same authority as other regional Skuld offices, will probably have an international staff of six or seven people, including Senior Vice President Lily KaraiscosSamellas herself. AMBITIONS Greece is already Skuld’s second largest market and Lily sees considerable opportunities for growth. Greek owners normally split their fleets between two or more clubs. By and large, the Greek market is not considered a closed shop – the very commercially minded Greek shipowning community is more than willing to listen to anyone who can offer a first-class product at a competitive price. And Lily is no stranger to the community. LILY IN PRIVATE Lily Karaiscos-Samellas has no children of her own, but her surgeon husband has a daughter from his first marriage whom Lily is as close to as any mother can be. Otherwise, she lists yachting, swimming and cars as favourite personal interests – supplemented by national and international politics which she follows, and will continue to follow, with avid attention. 46118_01_26 22.08.00 07:41 Side 14 13 Beacon Skuld newsletter Who’s who in Oslo? Management Photos: Sturlason Arthur Pilkington Executive Vice President Head of Claims Eric Jacobs Executive Vice President Head of Marketing Tor Erik Andreassen Executive Vice President Head of Underwriting Knut Feiring Executive Vice President Head of Finance and Accounting Bjørg Søhus Administration Secretary Marianne Ehrnborg Administration Secretary Ivar Kleiven Senior Vice President General Counsel Arild Wegener Vice President Public Affairs Mona Vestum Vice President Head of IT Ellen Haugom Vice President Human Resource Management Ingeborg Berge Manager, Quality Assurance and Knowledge Management Sara Gillingham Knowledge Management Officer Lise Larson Information and Knowledge Management Consultant Turid Nilsen Secretary Personnel Staff Functions Douglas Jacobsohn President Chief Executive Officer 46118_01_26 22.08.00 07:45 Side 15 14 Roald Danielsen Project Manager IT Jorunn Bjelkarøy Consultant IT Thor Tomten Consultant IT Bernt Wold Consultant IT Lisbeth M. Olsen System Consultant IT Carl M. Hellwig Manager Office and Administration Halvard Aasgaard Janitor Bernt Karlsen Janitor Olav Endresen Deputy Manager Postal Department Henning Roschberg Assistant Manager Postal Department Mia Wenger Receptionist Atle Lie Vice President Business and Investment Control Harald Harlem Investment Controller Eric Andersen Business Controller Bjørn Ove Ottosen Manager Corporate Accounting Finance Sjur Dahl Manager IT 46118_01_26 22.08.00 07:48 Side 16 15 Beacon Skuld newsletter Arvid Hernar Cashier Torunn B. Furu Accounting Assistant Elisabeth Bull Credit Controller Marianne Nordlien Credit Controller Inger Helene Boger Administration Secretary Per Wangen Accounting Secretary Business Analysis Hanne Lundby Accounting Executive Michele Innstrand Manager, Business Analysis Head of Back Office Ann Mari Kjølleberg Accounting Assistant Claims Support Back Office Sigmund Kvåle Internal Auditor Anne-Lise Ødegård Credit Controller May Jordbrånen Claims Controller Frank Riley Senior Vice President Claims Support Hans Jørgensen Senior Manager and Special Advisor Claims Support 46118_01_26 22.08.00 07:55 Side 17 Steinar Syverstad Senior Vice President Underwriting Support Svein Erik Nybo Vice President Underwriting Support Paul Lange Chief Technical Manager Sverre Bergh Principal Surveyor Jonathan Hare Senior Vice President Head of Syndicate Leonardo Polito Claims Manager Hallgeir Brevik Underwriting Manager Jan Andersen Claims Executive Françoise Fouchier Claims Executive Unni Johansen Claims Executive Flavia Pompa Mellilo Lawyer Morten Larsen Underwriting Assistant Syndicate 1 Technical Services Underwriting Support/Reinsurance 16 46118_01_26 22.08.00 08:02 Side 18 17 Beacon Skuld newsletter Jennifer Anderson Claims Assistant Jane Davey Claims Assistant Gro Noreng Claims Assistant Claes Westman Senior Vice President Head of Syndicate Bjørnar Andresen Vice President Deputy Head of Syndicate Ronald D´Cruz Claims Manager Ulrika Bergström Claims Executive Hock Eng Halvorsen Claims Executive Christin Norløff Claims Executive Göran Skuncke Claims Executive Christina Polanscak Bergh Underwriting Assistant Karin Hovring Claims Assistant Tullie Markholm Claims Assistant Anne Ingeborg Wikdal Claims Assistant Syndicate 2 Pål Stokkebryn Underwriting asssitant Not available for photography 46118_01_26 22.08.00 08:07 Side 19 Syndicate 3 18 Lars Dueled Senior Vice President Head of Syndicate Virginia Ryker Vice President Deputy Head of Syndicate Britt Johansen Claims Manager Thorbjørn Ottosen Claims Manager Po Wan Li Underwriting Manager Terje Nerbø Underwriting Manager Christopher M. Walker Lawyer Wenche I. Dejligbjerg Claims Executive Not available for photography Bjørg E. Hickey Claims Executive Linda Bergersen Underwriting Assistant Cecilie Biering Claims Assistant Kari Langvandsbråten Claims Assistant Celine Wold Claims Assistant Tove Wold Claims Assistant Patricia Hansen Claims Assistant 46118_01_26 22.08.00 08:10 Side 20 19 Beacon Skuld newsletter Syndicate 4 W Egil Gulbrandsen Senior Vice President Head of Syndicate Dominic P. Hurst Claims Manager Tor Christian Guttormsen Underwriting Manager Kjeld B. Horn Senior Lawyer Marion Carlmar Claims Executive Johan Gjernes Claims Executive Victor Langseth Claims Executive Ragnhild Rødsjø Claims Executive Randi Ståhl Underwriting Assistant Mona Sørensen Underwriting Assistant Wenche Bjerkeli Claims Assistant Lene Blattner Claims Assistant Kari Flaten Claims Assistant Kari Sogn Claims Assistant 46118_01_26 22.08.00 08:10 Side 21 20 Bergen Syndicate Who’s who in Bergen? Kjell Toftesund Senior Vice President Head of Syndicate Bjørn Flåm Vice President Deputy Head of Syndicate Berit Fjæreide Senior Claims Executive Christina Nilsen Claims Assistant 46118_01_26 22.08.00 08:11 Side 22 21 Beacon Skuld newsletter Anders Ulrik Senior Vice President Head of Office Jan Katkjær Senior Vice President Deputy Head of Office Kirsten Rasmussen Administration Secretary Susanne Berg Adviser Personnel Kate Nielsen Head of Canteen Agnieska Lukoviak Receptionist Technical services Staff Functions Management Who’s who in Copenhagen? Erik Stein Manager Technical Services Accounting John Christensen Assistant Postal Department Helge Hansen Head of Postal Department Svend Clausen Accounting Manager Kirsten M. Holkov Cashier Helle Frederiksen Accountant Neel Bastiansen Accounting Assistant 46118_01_26 22.08.00 08:11 Side 23 22 Helen Thomsen Accounting Assistant Marianne Hansen Underwriting Assistant Anders Ulrik Senior Vice President Head of Syndicate Stig Gregersen Vice President Deputy Head of Syndicate Morten Ligaard Lawyer Per Zerman Lawyer Frank Mathiesen Senior Claims Executive and Senior Underwriter Karin A. Holm Claims Executive Helle Haugaard Engkebølle Underwriter and Claims Assistant Lillian Frøhling Underwriter and Claims Assistant Annette Munck Secretary and Claims Assistant Tina S. Christensen Secretary Nina Jagt Secretary Annette F. Kvisgaard Secretary Syndicate 1 Kirsten Bille Accounting Assistant 46118_01_26 22.08.00 08:12 Side 24 23 Beacon Skuld newsletter Syndicate 2 W Jan Katkjær Senior Vice President Head of Syndicate Jørgen Rasch Vice President Deputy Head of Syndicate Peter Damgaard Senior Lawyer Thomas Bjørn Larsen Senior Lawyer Elsebeth G. Nielsen Lawyer Ross Mc Laren Senior Claims Executive Birgitte Larsen Underwriter and Claims Assistant Jette Damgaard Hansen Claims Assistant Randi Lindhardt Secretary and Claims Assistant Solveig Björshol Secretary Kirsten Byskov Secretary Heidi A. Hansen Secretary Merete Skovbjerg Secretary Maria Salazar Secretary 46118_01_26 22.08.00 08:12 Side 25 24 Hong Kong Syndicate Who’s who in Hong Kong? Patrick Wang Senior Vice President Head of Syndicate Nicola Mason Vice President Deputy Head of Syndicate Christopher Hall Lawyer Jenny Yeung Administration Executive Mei Ling Amelia Cheung Secretary Miley Tong Junior Secretary Raymond Sun Claims Manager 46118_01_26 22.08.00 08:12 Side 26 Who’s who in Piraeus? Y Piraeus Syndicate 25 Beacon Skuld newsletter OS Lily Karaiscos-Samellas Senior Vice President Head of Syndicate Anne E. Liversedge Vice President Deputy Head of Syndicate Michael Boje Larsen Claims Manager Apostolos Tzitzas Chief Accountant Consultant As (G Ro P.O NTe Te Em +4 E- BE Elina Souli Claims Executive Nicolas Gounaropoulos Office Assistant Sk Ne P.O NTe Af Te Em +4 E- CO As (G Fr DK Te Te Em +4 E- 46118_01_26 22.08.00 08:12 Side 27 26 You can reach us at: OSLO HONG KONG Assuranceforeningen Skuld (Gjensidig) Roald Amundsens gate 6 P.O. Box 1376 Vika N-0114 OSLO Telephone: +47 22 00 22 00 Telefax: +47 22 42 42 22 Emergency Telephone: +47 952 92 200 E-mail: osl@skuld.com Skuld (Far East) Ltd. Room 1303 Tai Yau Building, 181 Johnston Road Wanchai HONG KONG Telephone: +852 2836 3909 Telefax: +852 2836 3219 Emergency Telephone: +47 952 92 200 E-mail: hkg@skuld.com BERGEN PIRAEUS Skuld Bergen AS Nedre Ole Bulls plass 3 P.O. Box 75 N-5803 BERGEN Telephone: +47 55 30 18 60 After office hours: +47 90 50 49 07 Telefax: +47 55 30 18 70 Emergency Telephone: +47 952 92 200 E-mail: bgo@skuld.com Skuld Hellas 108 Kolokotroni Street P.O. Box 80112 GR-PIRAEUS 185 10 Telephone: +30 1 422 5857 Telefax: +30 1 422 5858 Telex: (601) 212498 SKLD Emergency Telephone: +47 952 92 200 E-mail: karaiscos@ath.forthnet.gr COPENHAGEN INTERNET Assuranceforeningen Skuld (Gjensidig) – Den Danske Afdeling Frederiksborggade 15 DK-1360 COPENHAGEN K Telephone: +45 33 43 34 00 Telefax: +45 33 11 33 41 Emergency Telephone: +47 952 92 200 E-mail: cph@skuld.com www.skuld.com