| Company Management
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 The Board of Directors of the Company is mainly
non-executive in structure. The Directors are drawn from the industries which we serve
around the world and in which they have spent most of their working lives. There is
accordingly a wealth of experience upon which to call. The Boards' prime function is the
establishment of company policy and the monitoring of financial performance.The execution of such policy and the day to day running of the Company is the responsibility of its management company, Salvus Bain (Management) Ltd. A vast wealth of experience exists within this company, with many of the senior staff having completed in excess of 20 years dedicated service to the fishing and insurance industries. This is the platform for the Company's reputation as a motivated and knowledgeable team providing a high level of service to its' clients.
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The
Future
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 In an
evolving environment where both the maritime and marine insurance industries are moving
through considerable change it should be a comfort to our members that the traditional
approach to servicing the needs of the Membership will be maintained.Our long established presence in Melbourne Australia, Nelson New Zealand, Anchorage Alaska and Capelle aan den IJssel in the Netherlands has been further strengthened in Canada recently by the Management Company participating in a joint venture based in Vancouver. In recent times a policy of consolidation has been adopted by the Board although cautious expansion and spread of risk will be pursued where possible to the benefit of the Company's Membership overall.
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Our aim is for excellence in servicing the industries we support by offering comprehensive cover at sustainable premium levels, providing the marine and aquaculture industries with the comfort of long-term stability and continuity. |