NTI-owned Marine Protect is celebrating its five-year milestone, welcoming the occasion with an annual insured portfolio of $150 billion worth of cargo, nearly 4000 vessels and thousands of transport companies.

NTI says the marine insurance specialist – founded in April 2017 when shareholders CGU and Vero transferred their marine portfolios to NTI – is one of the largest of its kind in the Asia Pacific region.

“NTI was trusted with the marine portfolios because of our proven experience of more than 45 years providing specialist insurance to our transport and logistics customers,” CEO Tony Clark said.

“Our team took significant measures to update the marine offering to ensure it more accurately fitted with what our customers need today.”

Acting Head of Marine Portfolio Dan Morrison says he looks forward to what the future holds for Marine Protect.

“We’re incredibly proud of what we have offered, and continue to provide, to our customers, and look forward to the next five years and beyond of Marine Protect,” he said.