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Hamburg-head­quar­tered Marine Insu­rance Broking Group “GEORG DUNCKER” acquires the two Greek-based Insu­rance Brokers “FORTIUS RISK SOLU­TIONS” and “NATIONAL INSU­RANCE BROKERS”

Streng­thening Presence in the Medi­ter­ra­nean Market through a Stra­tegic Partnership

Hamburg, 4^th of June 2025 — Hamburg-based marine insu­rance broking group GEORG DUNCKER (estb. 1870) with subsi­dia­ries in Singa­pore, Houston, Rotterdam and Switz­er­land is pleased to announce the acqui­si­tion of the Greek-based insu­rance brokers FORTIUS RISK SOLU­TIONS and NATIONAL INSU­RANCE BROKERS (estb.1963), marking a signi­fi­cant step in expan­ding its foot­print in the Medi­ter­ra­nean region. This acqui­si­tion enables GEORG DUNCKER to enhance its port­folio and extend the deli­ver­ance of compre­hen­sive, locally tail­ored marine insu­rance solu­tions by combi­ning its resources with FORTIUS’ deep local know­ledge, exper­tise and inter­na­tional relationships.

The acqui­si­tion unders­cores GEORG DUNCKER’s commit­ment to growth and deli­ve­ring excep­tional service in key mari­time hubs globally – now with the industry leading support of FORTIUS.

With more than 130 employees in six offices around the globe, GEORG DUNCKER provides full-service solu­tion for ship owners, ship mana­gers, char­te­rers, traders, freight forwar­ders and finan­cial insti­tu­tions worldwide.

GEORG DUNCKER Group CEO & Chairman, Chris­tian Ross and FORTIUS mana­ging director George Cara­manos commented on the acquisition:

“We are combi­ning the resources of GEORG DUNCKER with the deep local know­ledge, exper­tise and inter­na­tional rela­ti­onships of FORTIUS RISK SOLU­TIONS and NATIONAL INSU­RANCE BROKERS. Our busi­ness philo­sophy is very similar in provi­ding a top-level service and compe­ti­tive premiums, all combined with a very hands-on mindset. And that is the reason why we are convinced that both compa­nies are a perfect fit.”

We are pleased to provide you with our annual P&I Report 2024/25 in our down­load section.

Our market review briefly summa­rizes the latest deve­lo­p­ments in the P&I insu­rance market and provides you with an outlook for the upco­ming P&I (incl. reinsu­rance) rene­wals. The main section of the report analyses the key finan­cial figures of the 12 IG Clubs for the past five policy years. Further­more, we also present you the most important facts and figures for the Fixed-Premium faci­li­ties (within and outside the IG).

Please do not hesi­tate to contact us in case of any ques­tions in respect of the report and/or your liabi­lity insurances.

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Our latest General Increase Update gives you an over­view about the general increases and deduc­tible changes announced by the Inter­na­tional Group Club for the P&I rene­wals on 20 February 2024.

We are pleased to provide you with our annual P&I Report 2023/24 in our down­load section.

Our market review briefly summa­rizes the latest deve­lo­p­ments in the P&I insu­rance market and provides you with an outlook for the upco­ming P&I (incl. reinsu­rance) rene­wals. The main section of the report analyses the key finan­cial figures of the 12 IG Clubs for the past five policy years. Further­more, we also present you the most important facts and figures for the Fixed-Premium faci­li­ties (within and outside the IG).

Please do not hesi­tate to contact us in case of any ques­tions in respect of the report and/or your liabi­lity insurances.

Oops! We could not locate your form.

We are delighted to announce the launch of our newly desi­gned corpo­rate website www.georg-duncker.com.

Given the diverse demands of our clients and busi­ness part­ners, the archi­tec­ture of the website has been desi­gned to ensure that all rele­vant infor­ma­tion can be found intui­tively with just a few clicks. Brow­sing our website is now more enjoyable and allows visi­tors to have a plea­sant user expe­ri­ence – whether via desktop or mobile devices.

“Our exper­tise and quality of service have led GEORG DUNCKER being considered as one of the leading brokerage houses for marine insu­rances in Europe,” said Chris­tian Ross, Mana­ging Partner. “With the launch of our new website, we are pleased to have the oppor­tu­nity to present our brokerage house and services to our custo­mers and part­ners in a unique way.”

We hope you enjoy brow­sing our new website and appre­ciate your feed­back to [email protected].

Dated: June 2023

Our latest General Increase Update gives you an over­view about the general increases and deduc­tible changes announced by the Inter­na­tional Group Club for the P&I rene­wals on 20 February 2023.

We are pleased to announce the opening of our first branch office in the Nether­lands, over­seeing the Benelux area. The office will be located in Rotterdam and managed by two-well known execu­tives of the marine insu­rance industry, Mr. Hans Liem as Director Benelux and Mr. Willem-Jan van Eijsden as Head of Marine Benelux. 

In view of the high pres­sure on the capital invest­ments of the P&I Clubs, the Hamburg insu­rance broker Georg Duncker agrees with his custo­mers to demand even higher premiums for ship liability.