London P&I Club
The London P&I Club has announced that Ian Gooch will be stepping down from the role of chief executive officer after 15 years as CEO and 21 years as a director of A Bilbrough & Co, the company that manages the Club.
Ian Gooch will be succeeded by James Bean who will be arriving from NorthStandard P&I Club after a nearly 20-year stint there. NorthStandard will not replace him as one of two chiefs of geographical sectors as Steve Cockburn will now assume sole responsibility for both sectors.
A qualified solicitor, Bean has worked within the marine insurance industry since 2005 and was appointed to the NorthStandard’s senior leadership team in February 2023. Before that, he was the group managing director at the Standard Club.
To ensure an orderly transition, Gooch will continue as a member of the A Bilbrough & Co team, supporting Bean and the senior management team.
“Having served The London P&I Club and Bilbrough for over two decades, I am very proud of what our team has accomplished. After such a tenure, following a strong renewals season and the Club’s positive trajectory, I feel the time is right to step aside,” Gooch said.
“It is a real privilege to take this next step in my career and join The London P&I Club at an exciting time for the company. On a personal level, I greatly valued all of my time at NorthStandard and the opportunities and experiences afforded to me over the past 19 years,” said James Bean.
The London P&I Club is a provider of marine protection and indemnity (P&I), freight, demurrage, and defence (FD&D), and war risks cover to an international membership of shipowners and charterers with a combined tonnage totalling 69m gt. It is also one of The International Group of P&I Club’s 12 member Clubs, which together provide marine mutual cover to approximately 90% of the world’s ocean-going tonnage.
The Club recently reported a strong outcome to the February 2024 P&I renewal and saw year-on-year growth in its mutual tonnage of 8.9%.
