40 Years of Tradition and Experience – supported by a first class team.
Fixed premium P&I Insurance for small ships. Unique in its focused approach for owners of small ships and built on tradition, service and expertise.
Innovative Insurance for those involved in maritime operations, the global supply chain, forwarding or the import or export of cargo.
Solving problems in maritime trade and transport including advice on contractual wordings and practical management of problems.
We are an International team of reputable, dedicated and knowledgeable marine insurance specialists. Our expertise is the provision of branded marine insurance products, supported by our global team of maritime and legal professionals, who assist in the effective management of claims and devise strategies to resolve disputes in Maritime Trade and Transport.
PROFESSIONAL, DEDICATED, TRUSTED
We work with first class institutions to provide outstanding financial security.
THE MECO GROUP
Following a strategic review of its operations, Tindall Riley (TR) has agreed to sell Carina, its fixed premium P&I Managing General Agent (MGA), to The MECO Group for an undisclosed sum. Set up by TR in 2012, Carina is a successful and well managed specialised fixed premium P&I provider.
The terms of sale are agreed, but the transfer will only complete once all the regulatory and underwriting approvals have been received, which is scheduled before the end of 2018.
The focus of the parties has been on ensuring a seamless transfer, based on a ‘business as usual’ approach, under which the current Carina team will transfer across to MECO and continue to run Carina as part of the MECO Group. They will continue to offer clients the same first-class service and transactional efficiency in their new home
From the date of transfer, Carina will become a MECO brand and MECO will assume TR’s role as the MGA that owns and operates Carina. MECO will take over all TR’s responsibilities as Managers of Carina and the existing Carina team will relocate to MECO’s London office. With effect from the date of transfer, MECO will take sole responsibility for current policies and all prior years.
The underlying security of Carina, as a Lloyd’s based product, will remain unchanged.