摘要: |
On 20 February 2023, The North of England Protecting and Indemnity Association Limited (North) and The Standard Club will merge to form NorthStandard, a new single legal group with oversight of the marine insurance activities of both organizations. The merger will make it possible for all the companies within the NorthStandard group to provide significant benefits for members through increased scale, enhanced financial security, and service expansion. As part of creating this new entity, North will become the group's parent company and change its registered corporate name to NorthStandard Limited. There will be no change to the underlying insurance business. Apart from North, all other businesses within the NorthStandard group will continue to use their existing names and provide their current services. In short, in England, North will be renamed NorthStandard Limited but the company registered as North of England P&I in Ireland will not change its name; meanwhile The Standard Club UK Ltd, The Standard Club Asia Ltd, and The Standard Club Ireland will not change their names. |