The International Group of Protection & Indemnity Clubs has said that internal reforms it is now undertaking were not the direct result of pressure from its largest customer, AP Moller-Maersk, although it does listen closely to the views of owners.
TradeWinds exclusively revealed last week that Maersk had written to the International Group chairman in the summer of 2017 with a list of recommendations on how to reform with a retendering of its huge reinsurance brokerage arrangements top of the list.