NFP appoints head of nationwide yacht follow

NFP has introduced the appointment of Tom Gresh to go its nationwide yacht follow. In keeping with a Press launch, the follow is a part of the corporate’s non-public shopper group.

“It’s thrilling to welcome Tom to our increasing yacht follow, which has been lately concerned in among the largest non-public yacht business offers,” mentioned Brett Woodward, managing director for private danger, nationwide follow chief – NFP. “Tom is among the main authorities within the yacht house and has the specialised experience shoppers must navigate an more and more advanced international market the place the scale and worth of yachts continues to extend. I’m wanting ahead to his contributions to our development as he guides shoppers who personal or are buying yachts.”

Gresh brings to the position over twenty years of business expertise, together with taking over management roles in yacht practices at main insurance coverage brokers, the Press launch mentioned. He has been described as a acknowledged knowledgeable within the subject for his experience in danger administration. In his new position, Gresh will report back to Mike Melcher, who leads the corporate’s private danger enterprise within the Atlantic area.

“Tom’s means to determine the advanced liabilities related to yacht possession – together with restore and refit contracts, prolonged navigation transits, customized modification, and constitution exercise – and handle them with refined danger mitigation and protection options make him a valued useful resource for his NFP colleagues and shoppers from coast to coast,” mentioned Melcher. “Welcoming him to our workforce makes it clear that we’re increasing our yacht follow with intention and focus.”

Gresh holds certifications, together with as a Licensed Non-public Danger and Insurance coverage Adviser, Licensed Marine Insurance coverage Skilled, and a licensed Captain of the US Coast Guard.

“NFP clearly values extremely specialised experience and understands why it’s so necessary in advising shoppers,” mentioned Gresh. “Buying and insuring a yacht is an more and more advanced endeavor and shoppers want a devoted workforce with the best insights and relationships. I sit up for offering shoppers with best-in-class recommendation and repair that give them peace of thoughts all through their yacht possession, in addition to spearheading our efforts to develop this enterprise.”

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