Skuld chief executive Stale Hansen is ready to take the lessons learned from the pandemic to shape his plans for the Norwegian protection and indemnity mutual.
Successive lockdowns have disrupted traditional P&I working practices, but Hansen has identified practical positives that have emerged.
For a start, costs at the Oslo-based mutual are down 20% as a result of the timely renegotiation of IT contracts, real-estate leases and reduced travel and entertainment expenses which, in P&I, can be substantial.
