Club marks its 150th anniversary with ‘Investing in a Safer Tomorrow’
UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, has today launched its ‘Investing in a Safer Tomorrow’ competition to coincide with its 150th anniversary. The competition, which has a prize fund of $50,000, challenges students and those embarking on a maritime career both at sea and on shore, to develop innovative, industry changing ideas with a focus on improving safety at sea.
Teams of up to four or individuals are invited to propose an improvement to any element of sea safety – from developments in seafarer wellbeing through to a tangible invention to improve physical safety or navigation.
Participants will have the opportunity to share their ideas on a global platform, with shortlisted candidates gaining access to maritime industry experts and a chance to expand their professional network. Finalists will be flown, all expenses paid, to the UK in June 2019 to attend the UK P&I Club’s 150th Gala Dinner in London and the winning team or individual will receive a prize fund of $30,000 with second place being awards $15,000 and third place $5,000.
In the first stage of the competition, entrants will outline basic information regarding their concept and how it could improve safety in the industry, submitting required written and visual documentation by 30 November 2018. After assessment by UK P&I Club, based on criteria such as originality, relevancy and simplicity, shortlisted entrants will be invited to meet with UK P&I Club’s Loss Prevention team, master mariners and business leaders to help to develop their ideas.
The shortlisted competitors will then have four months to complete their proposals and produce a video, whitepaper or presentation for the final judging and prize award at the Gala Dinner on 20 June 2019. Judging will be carried out by UK Club Board Members, Thomas Miller senior leaders and external industry experts.
Hugo-Wynn Williams, Chairman of Thomas Miller P&I, said: “We are extremely proud of our 150-year heritage, but it is also vital to look forward to ensure that shipping remains ready for the challenges of the future. The ‘Investing in a Safer Tomorrow’ competition reaffirms our commitment to improving safety at sea and fostering innovation in the industry. Shipping has a rich history of creativity and invention, and attracting new talent to the industry will help create the thought leaders of tomorrow.”
For further information on the UK P&I ‘Investing in a Safer Tomorrow’ competition and how to enter please visit: http://150competition.ukpandi.com/
For further details, please contact:
Jonathan Atkins / Alastair Doyle / Helen Cotton
UKP&I@fourbroadgate.com / +44 (0) 20 3697 4200
Notes to Editors
The UK P&I Club is a leading provider of P&I insurance and other services to the international shipping community. Established in 1869 the UK P&I Club insures over 239 million tonnes of owned and chartered shipping through its international offices and claims network. ‘A (Stable)’ rated by Standard & Poor’s with free reserves of $540m, the UK P&I Club is renowned for its specialist skills and expertise which ensure ‘best in class’ underwriting, claims handling and loss prevention services.
The UK P&I Club is managed by Thomas Miller, an independent and international insurance, professional and investment services provider.
Thomas Miller is an independent and international provider of insurance, professional and investment services.
Founded in 1885, Thomas Miller’s origins are in the provision of management services to mutual organisations, particularly in the international transport and professional indemnity sectors; where today they manage a large percentage of the foremost insurance mutuals. Thomas Miller also manages insurance facilities for all the self-employed barristers in England & Wales, as well as trustees of pension schemes, patent agents and housing associations.
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