ITIC CLAIMS REVIEW EDITION 44 PUBLISHED
In his opening comments, the editor says, “It is now over a year since the first lockdown was imposed in the UK and we know that many of you all over the world have also been subject to restrictions, with many of us working from our homes during this time.
Whilst we are unable to travel to meet members and insurance brokers, we are continually looking for new ways to reach you and as a result we have launched a new podcast series called ITIC Insight. Episodes are hosted by members of the ITIC team, exploring a key topic with external guests or hosting an interview with a board member or insurance broker. More
information about this series can be found on the back page of the ITIC Claims Review publication.
The review provides a selection of cases recently handled by the organisation. We hope that these case histories will be of interest to you and will also help you to identify potential problems in order to avoid these types of situations occurring in your businesses.”
Read the review at
https://bit.ly/3mQLhr3.
NEW PRODUCTION FACILITY AS OYSTER YACHTS MAKES A SIGNIFICANT INVESTMENT
Oyster Yachts is undertaking a considerable expansion programme by acquiring an additional 27,000 sq ft at the Hythe Marine Park, Southampton. The additional space will be used to create a state-of-the-art production facility for the new Oyster 495 yacht.
BRUNSWICK SUSTAINABILITY REPORT HIGHLIGHTS COMMITMENT TO ENVIRONMENTAL, SOCIAL AND GOVERNANCE STRATEGIES
Brunswick Corp has published its 2020 Sustainability Report: Our Stake in Tomorrow’s Tides, highlighting the company’s progress toward its sustainability goals, including a continued commitment to advance its Environmental, Social, and Governance (ESG) strategies. The report also reflects Brunswick’s dedication to sustainable manufacturing and contributing to the communities in which it operates.
“Brunswick understands the impact our businesses and products have on the environment and our opportunities to lead the way in sustainable, responsible business practices,” said Dave Foulkes, Brunswick Corporation CEO. “We are committed to continually broadening, advancing, and delivering on our sustainability mission and to improving the communities in which we live and work, and in which our products operate.
”Our 2020 report highlights some of those collective efforts, including how we prioritised the health and safety of our employees in the face of immense challenges resulting from the Covid-19 pandemic.”
Access the report at
https://bit.ly/3aarzli.
“With several Oyster 495s already sold, investment in this dedicated production facility fits seamlessly with our growth strategy,” says Oyster’s CEO Richard Hadida. “We have great plans for Hythe Marine Park, this location is already a centre of excellence for boat building, and it is the ideal location for our expansion of Oyster.”
Oyster Yachts is moving into the historic Grade II listed buildings known locally as the Admiralty Shed or the Flying Boat Hangar, which produced sea planes for World War 1, before becoming a key facility for Vickers Supermarine and later the maintenance base for the pioneering Empire flying boats. This announcement sees Oyster Yachts increasing its existing facilities by 70%, supporting the company’s ongoing investment and growth strategy in the UK. To accommodate the expansion, Oyster will be increasing its Southampton workforce by an additional 70 employees.
10 | The Report • June 2021 • Issue 96
Marine News
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