Press release: ITIC appoints Jeff Woyda as new Chairman
8th March 2023
International Transport Intermediaries Club (ITIC) - a mutual insurer which provides professional indemnity cover for transport intermediaries operating in the marine, offshore, renewable and aviation industries - has appointed Jeff Woyda as its new Chairman.
Woyda is taking over from Lars Säfverström, who has been in post since 2019 and a board member since 2009. Jeff Woyda said:
"I would like to thank Lars for all his hard work navigating ITIC through the pandemic, Brexit and its response to the war in Ukraine. Despite the challenging times, as a mutual insurer we have been able to continue to pay consistently high levels of continuity credits at renewal. The organisation is going from strength to strength, having achieved record levels of new business during Lars’ tenure. Our key areas of focus going forward are to extend our position as market leader in maritime transport services, providing extensive cover and outstanding service to all our members, whilst also further expanding into the aviation professional indemnity sector."
Lars Säfverström added:
"Jeff brings a wealth of experience and knowledge to this position and he will undoubtedly be a great asset to ITIC as Chairman. Jeff will play an important role continuing to deliver on ITIC’s strategic plans whilst maintaining the excellent health of the club."
Woyda has been an ITIC board member since 2014 and is Chief Operating Officer & Chief Financial Officer at Clarkson PLC.
His career has spanned both publicly listed and private companies, as well as regulated industries. Woyda's position at shipbroker Clarksons includes Strategy, Finance, IT, Legal, HR and Marketing, and he is the board member responsible for ESG. He is also the Chairman of Maritech, the SaaS provider of the Sea/ platform.
Before joining Clarksons, Woyda spent 13 years at the Gerrard Group PLC, where he was a member of the executive committee and Chief Operating Officer of GNI. He began his career with KPMG and is a Fellow of the Institute of Chartered Accountants.
For further information please contact:
Alexander Wood, Navigate PR
T: +44 7730535104
International Transport Intermediaries Club (ITIC) is the world’s leading provider of professional indemnity insurance to transport professionals across the globe.
As a mutual insurer, it has over 90 years’ experience providing cover to companies in the marine, naval architecture, aviation, offshore and hydrographic industries. With 3,100 members in over 110 countries and with a worldwide network of correspondents, ITIC is the acknowledged leader in its field.
ITIC’s insurance has been developed primarily to cover claims of negligence – errors or omissions. Cover can also extend to specialist areas such as debt collection, loss of commission income, cyber liability, cash in transit and directors’ and officers’ insurance. ITIC’s wide cover also includes a unique discretionary insurance which could support claims not normally be paid by other professional indemnity insurers.
ITIC is managed by Thomas Miller. More details about ITIC and the services it offers can be found at www.itic-insure.com