Home Maritime Digest Steamship Mutual Europe opens up in Cyprus

Steamship Mutual Europe opens up in Cyprus


As preparation gets on top gear for the United Kingdom to exit the European Union, Steamship Mutual Europe has set up a new insurance company in Cyprus to service its clients all over Europe and started writing business.

Steamship Mutual said it was attracted to Cyprus because “of its clear commitment to the shipping sector and the effort which the government and its regulator have shown in providing a supportive, stable and transparent environment in which to operate”.

According to Rupert Harris, CEO of Steamship Mutual Europe, even though Steamship Mutual has had a long relationship with many shipowners in Cyprus, they have been overwhelmed by the warmth of the welcome they have received from the whole Cyprus shipping sector, as they set up our new office in Limassol.

“We have put together a very strong team here who will certainly repay that welcome by providing a quality service to our clients and to the shipping community as a whole. We very much look forward to being part of Cyprus’ growing maritime business.”
Speaking at the office’s official opening and blessing on 6th October, Cyprus’ Shipping Deputy Minister, Vassilios Demetriades welcomed Steamship Mutual to Cyprus saying “The Cyprus shipping cluster is growing with the addition of top-quality shipping companies and associations offering shipping related services. Steamship Mutual is one of the largest and most diverse P&I Clubs in the world and its presence in Cyprus will make a positive contribution.”

As it stands now the Steamship Mutual Group now has offices in London, Piraeus, Rio De Janeiro, Hong Kong, Singapore, Tokyo and Limassol.