The appointment of Ian Gooch is potentially far-reaching - he is only 41, so he could have two decades running the London Club ahead of him.

The protection-and-indemnity (P&I) clubs remain rather closed institutions with top executives rarely moving to rivals. The specialised nature of the clubs also means moves into or out of the sector are unusual.

Gooch is a barrister by training, in contrast to his 60-year-old predecessor, Paul Hinton, who was a BP tanker officer before moving into P&I.

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