NorthStandard – the new name for North and Standard Club
On 20th 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 organisations.
The merger will make it possible for all the companies within the NorthStandard group to provide even more 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, The North of England Protecting and Indemnity Association Limited will be renamed NorthStandard Limited but the company registered as North of England P&I in Ireland will not change its name. The Standard Club UK Ltd, The Standard Club Asia Ltd and The Standard Club Ireland will not change their names.
The merger of North and The Standard Club will have no impact on any cover already in place.
All existing insurances, certificates, blue cards, guarantees, undertakings, powers of attorney and other insurance or legal documentation bound or issued by insurance underwriting entities in either North or The Standard Club prior to 20th February 2023 will continue uninterrupted in accordance with their terms.
For the avoidance of doubt, the change of name of The North of England Protecting and Indemnity Association Limited will not affect the validity or enforceability of documents issued under that name.
Continuity of contact
From 20th February 2023, NorthStandard will continue to provide timely guidance, continuous support, and efficient claims handling.
Over the coming months we will keep our members and other market stakeholders updated on the progress around the merger. In the meantime, where documentation includes contact information for North, The Standard Club, or correspondents or agents authorised by either organisation, relevant parties should continue to contact them in the usual ways. Any documentation issued after the merger date will include a relevant NorthStandard contact.
The merger of North P&I Club and The Standard Club is expected to yield significant benefits for members through scale, enhanced financial security, strategic investment, and service expansion. For more information on NorthStandard, please visit http://www.nepia.com/topics/north-and-the-standard-club/.
For more information on our contacts, please visit: www.nepia.com/about-us/our-people/.
For inquiries relating to planned changes to the wording in certification, please get in touch with your usual contact, or email email@example.com.