Draft:International Union of Marine Insurance

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  • Comment: Four of the sources are their own website which is NOT independent. Theroadislong (talk) 13:58, 5 January 2024 (UTC)
  • Comment: Resubmitted without any improvement. DoubleGrazing (talk) 13:44, 5 January 2024 (UTC)
IUMI
International Union of Marine Insurance
Formation01/08/1874[1]
Founded atBerlin
TypeNGO
Legal statusRegistered association
HeadquartersHamburg
Location
Membership
42[2]
Secretary General
Lars Lange[3]
President
Frédéric Denèfle[4]
Websiteiumi.com
Formerly called
Internationaler Transport-Versicherungs-Verband

The International Union of Marine Insurance, IUMI for short, is the global umbrella organisation for transport insurers and the oldest cross-border association in the insurance industry.

The purpose is to represent the interests of transport insurers and reinsurers. Members of IUMI are the national transport insurance associations or the transport insurance divisions of the national insurance associations.

History[edit]

With the continuing development of international trade, the need for insurance policies with internationally standardized conditions increased in the middle of the 19th century. In January 1874, insurance companies of Austria, Germany, Russia and Sweden[5] founded the forerunner of the IUMI called "Internationaler Transport - Versicherungs - Verband" in Berlin, which became the "International Union of Marine Insurance" in the course of the internationalization of the members. Since IUMI was long regarded as a German organization, activities largely came to a standstill during the World Wars until it was restarted in Switzerland in 1946. Since then, individual insurance companies have no longer been members of IUMI, but rather their national associations[6]. Finally, in 2012, the headquarters were relocated from Zurich to Hamburg[7], back to the country in which IUMI was founded.

External links[edit]

Official website

References[edit]

  1. ^ "IUMI - a brief history". iumi.com. Retrieved 2 April 2023.
  2. ^ "Member Associations". iumi.com. Retrieved 2 April 2023.
  3. ^ "Contacts". iumi.com. Retrieved 2 April 2023.
  4. ^ "Members of the IUMI Executive Committee". iumi.com. Retrieved 2 April 2023.
  5. ^ K.A. Bekiashev and V.V. Serebriakov (1981). International Union of Marine Insurance (IUMI). In: International Marine Organizations. Springer, Dordrecht. pp. 185–186. doi:10.1007/978-94-009-8261-1_14. ISBN 978-94-009-8263-5.
  6. ^ Peter Koch (1999). 125 Years of the International Union of Marine Insurance: From an Alliance of Insurance Companies in Continental Europe to a Worldwide Organization of National Associations. VVW. ISBN 978-38-848-7776-0.
  7. ^ "Hamburg lined up for key IUMI role". informa.com. 23 November 2012. Retrieved 4 April 2023.
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