Mr. Turner, who has been closely associated with the global marine insurance market for 35 years, will serve a four-year term as President. He has had a long relationship with IUMI, having served on the Executive Committee between 2011 and 2015 and, before this, as a member of the Nominating Committee.

IUMI is the global voice of marine insurance and is the professional body that represents national and international marine insurers. It brings together marine and offshore energy underwriters from across the globe and is highly respected throughout the marine and insurance industries. It is an honour to be elected President, particularly as my nomination was put forward and confirmed by industry peers. I look forward to continuing the good work of my predecessor and advancing IUMI's agenda in a number of areas over the coming four years,

...he said.

Mr. Turner now succeeds Dieter Berg, whose four-year term of office was completed Wednesday. On handing over the reins, Mr. Berg said:

During my term as President, I was fortunate to work with colleagues and the Secretariat to progress a number of initiatives. Together, we strengthened our Asia presence with the establishment of an IUMI Asia Hub in Hong Kong; we have grown our influence at a political and industry level; we have developed a growing education forum; and we have strengthened and modernised our external communications...With Richard now at the helm, I have every confidence that IUMI is in the safest of hands.