marine insurance

Kirill Patyrykin: When geopolitics rewrites marine insurance

In an interview with JLP Décryptage, Kirill Patyrykin examines war-risk pricing, trade disruption, the Middle Corridor and human judgement in underwriting.

Surety Marine Assesses Insurance Opportunities on the Middle Corridor

International insurance company Surety Marine is evaluating opportunities to cooperate with Azerbaijani insurers, brokers and logistics operators on the Middle Corridor. Company head Kirill Patyrykin noted a sharp rise in war risk rates — from 0.1–0.2% to more than 20% per year.

How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO

Surety Marine, formerly an underwriting agency, has obtained a license and become an independent insurer. The company focuses on flexibility, low operating costs, and the use of satellite data for risk assessment.

Marine Insurance Becomes Key Tool for Shipping Protection

Renewed US-Iran hostilities sharply increase risks for global shipping: attacks on vessels, closure of key routes, rising fuel costs, insurance premiums, and logistics delays. Marine insurance is becoming a critical tool for business protection, ensuring financial stability, contract fulfillment, and operational risk reduction.

How Marine Insurance Changed After the Hormuz Crisis

The marine insurance market has become more expensive, stricter, and fragmented after the escalation around the Strait of Hormuz. Premiums have risen, routes have been rerouted, and insurers are selectively restricting coverage.