SiriusPoint Expands Marine Insurance Offering with Hellenic Hull Management

by Alice
Insurance3

SiriusPoint and Hellenic Hull Management (HMA), a prominent marine hull and machinery underwriter based in Greece and Cyprus, have unveiled a strategic partnership aimed at enhancing HMA’s capabilities in the marine insurance sector.

The collaboration will see SiriusPoint, a global insurer and reinsurer known for its diverse range of insurance and reinsurance products, provide essential underwriting support to HMA. Specifically, SiriusPoint will offer the necessary paper to underwrite high-quality hull and machinery risks, leveraging its strong presence across Continental Europe.

Hellenic Hull Management (HMA), with a distinguished three-decade history in the shipping industry, serves as a leading marine insurance management company catering to various vessel types. This partnership marks a significant step for HMA in expanding its offerings and strengthening its position within the major shipping clusters of Greece and Cyprus.

Ilias Tsakiris, CEO of Hellenic Hull Management and Chair of the Ocean Hull Committee of the International Union of Marine Insurance, expressed enthusiasm about the collaboration: “We are thrilled to announce our partnership with SiriusPoint, introducing their expertise to the maritime hubs of Greece and Cyprus. SiriusPoint’s robust presence in Continental Europe, combined with its expanding marine portfolio and supportive approach to MGA partners, positions them as an ideal collaborator for us. The expertise of their team, backed by SiriusPoint’s strong underwriting capabilities and tailored support, will play a pivotal role in driving the growth and success of our company. We look forward to forging a resilient partnership with SiriusPoint.”

This strategic alliance underscores SiriusPoint and HMA’s commitment to advancing marine insurance solutions and strengthening their foothold in key markets across Europe.

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