Page 6: of Maritime Reporter Magazine (March 1992)
A/S Vesta . P.O. Box 548 . Gasvacrksvej 7 . DK9100 Aalborp . Denmark
Tel.: +45 98 114000 . Fax: +45 98 103001 . Telex: 61730 vesia dk
ILU Asks Speed-Up
In Use Of Electronic
When arranging coverage for a ship in the London market, insur- ance brokers will soon be able to conduct negotiations with under- writers over a computer. Already, dummy trials are being held, with live electronic placing scheduled to start in April.
The Institute of London Under- writers (ILU), which is pressing its members to speed up the introduc- tion of electronic claims systems, wants to see all claims business com- puterized by the end of the year.
When paperless underwriting systems were first contemplated, many brokers and insurers felt that electronic placement would not be suitable for marine risks because of their size and complexity. But that perception has changed, according to Charles Wilkins, data process- ing manager at the Institute of Lon- don Underwriters, which represents 101 marine and aviation insurers in the company market.
He claims marine risks are not necessarily any more complicated than non-marine risks
The move toward paperless trad- ing systems in the marine insurance markets is progressing parallel to similar initiatives throughout the
London market. The London Net- work Management Committee is coordinating the project in which the Lloyd's Insurance Brokers Com- mittee, Lloyd's of London, the Insti- tute of London Underwriters, and the London Insurance and Reinsur- ance Market Association are par- ticipating. Lloyd's and the company market will all start testing elec- tronic placement systems together next month.
The first phase will enable a bro- ker to prepare a risk package pro- posal on screen, to obtain quotes from underwriters, send a confir- mation of a firm order, and provide a facility for processing endorse- ments to a risk package held in the system.
In the USA A/S Vesta is represented by 4 sister companies who will render full scale sales, service and technical support.
Tel. J-1 409 849 2010
Fax: +1 409 849 8679
Tlx: 792720 ab bos aglt
Tel.: +1 804 545 7156
Fax: +1 804 545 4763
Tlx: 244801 ciserv chpk
Call For Papers
A call for papers has been issued by the Northern New England Sec- tion of the American Society of Na- val Engineers (ASNE) for technical papers concerning the "DDG-51
Class: A Surface Combatant for the 21st Century; from Design to Con- struction, the Evolutionary Process."
The papers selected by the sec- tion will be presented at a section- hosted technical symposium, spon- sored by the Supervisor of Ship- building, Conversion and Repair,
Bath, Maine, with participation by
Bath Iron Works Corporation, Bath,
Maine, on September 23-25, 1992, at the Atrium Inn and Convention
Center, Brunswick, Maine.
Although the deadline to submit abstracts was February 28, 1992, the Northern New England Section has issued a second call for papers.
Anyone interested in submitting an abstract should immediately con- tact Roger Deveau, Supship Bath, at (207) 443-5446. Final papers are due June 15, 1992, and should be sent to ASNE-NNE, P.O. Box 206,
Bath, Maine 04530.
For further information contact:
Mr. Deveau or Andy Hargreaves,
M. Rosenblatt & Son, 101 Leeman
Highway, Bath, Maine 04530; tele- phone: (207) 443-1392.
Industry Day Seminar
Sponsored By USCG
In New York, March 11
The U.S. Coast Guard is sponsor- ing a 1992 Industry Day Seminar and luncheon on Governors Island,
N.Y. The purpose of the event is to allow members of the industry and
Coast Guard personnel from the
Marine Inspection Office/Captain of the Port to interact in a seminar type atmosphere.
Several workshops have been or- ganized on barges, oceangoing ves- sels, Subchapter T boats, Captain of the Port topics, licensing and docu- mentation, etc. The cost to attend is $25.
For further information, contact:
Comdr. Viehweg at (212) 668-7815. 86 Maritime Reporter/Engineering News
San Francisco, Inc.
Tel.: +1 510 655 7377
Fax: +1 510-655 1311
Tlx: 229922 csrv ur
Tel.: +1 305 568 3300
Fax: +1 305 566 7444
Tlx: 6868800 aalborg
A/S Vesta are manufacturers of heat exchangers since 1914. The range of heating units consists of:-
Shell and tube heat exchangers, elec- trical heaters, and a combination of both. All Vesta heaters are capable of exchanging heat be- tween a large variety of liquids.
A/S Vesta heaters are built for all marine, power, and indus- trial applications up to 56 m2/400 kW.
Vesta incinerators solve your problems with waste at sea and help you comply with international legislation - today and in future.
The Vesta incinerator has:-
Multi chamber design
Fully automatic operation
Electronically con- trolled afterburning system • Fireproof cast lining • Multi purpose air system • Ejector exhaust system • Shock cooling of flue gasses
Circle 274 on Reader Service Card