Independent journal on economy and transport policy
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The American Frank Crystal enters in the market of the shipowning responsibility in cooperation with the Italian BED. Ferrari
Signed an agreement of exclusive cooperation
May 22, 2012
The American insurance agency Frank Crystal & Company has with the Italian BED. Ferrari & Co. in order to enter in the market of the shipowning responsibility. The American society has entrusted this new activity to the guide of Paul Barnes, previously senior vice president and underwriter of Shipowners Claims Bureau, Inc., manager of the American Steamship Owners Mutual Protection and Indemnity Association, Inc. (The American Club).
"In the world - of Frank Crystal has declared executive vice-president, Jamie Crystal - the norms on the responsibility are emphasizing the pressure on the shipowning field and the United States do not make exception. Thanks to our cooperation with BED. Ferrari and to the new activity in the field of the marine insurances, now the shipowners with center in the USA will have approached the greater experts of assurances P&I in the world".
Frank Crystal is founded in 1933 and is one of the greater private insurance companies of the United States. Constituted in 1959 the BED. Ferrari, that he has own headquarters to Genoa, is specialized in the branch Protection & Indemnity and, with a team of 70 people, work through centers in the main European centers of shipping (Genoa, Istanbul, London, Monk, Naples and Pireo).
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