The Swedish Club expands into the Americas with New York office

Ian Duthie has been tapped to lead US operations

Marine

By Josh Recamara

Dec 03, 2025Share

The Swedish Club has announced the opening of its first office in the US, located in New York City, as part of a broader strategy to strengthen its international presence. 

The expansion represents a key milestone in the club's long-term global growth plan and aims to provide closer, more responsive service to members across the Americas. 

Establishing a local presence in one of the world's largest maritime markets is expected to improve operational efficiency, strengthen member relationships and enhance the club's competitiveness in the US and Latin American shipping and marine insurance markets.

Ian Duthie appointed to lead US operations

Ian Duthie (pictured) has been appointed regional executive director, Americas. Duthie brings more than 30 years of experience in marine insurance and commercial vessel operations, having previously served as commercial director Americas at Britannia P&I Club.

In his new role, Duthie will oversee the development of the New York office, drive member engagement, build local partnerships and shape the Club's long-term market strategy in the Americas. 

His career also includes senior executive roles in international marine insurance and leadership positions with major US shipping organizations. 

Driving market presence and member engagement

The club’s move aligns with a broader trend of international insurers establishing US operations.

The US market offers access to substantial premium volumes, diverse commercial and specialty lines, and established regulatory frameworks. Insurers expanding into the US benefit from local talent, stronger broker and MGA relationships, and the ability to respond quickly to market opportunities.

Specialty and niche lines, such as marine and catastrophe insurance, are particularly driving foreign investment and office openings in the region.

By operating directly in the US, The Swedish Club can respond more quickly to member needs, strengthen relationships with North American shipping clients, and expand its footprint in a highly competitive marine insurance market.

'A major milestone'

Thomas Nordberg, managing director of The Swedish Club, said the expansion "represents a major milestone" and emphasized that Duthie's expertise and market relationships will be key to establishing a credible, lasting presence in the Western Hemisphere. 

The New York office is expected to enhance service delivery, improve operational responsiveness and provide a platform for continued growth across the Americas, reinforcing the club's position as a leading global marine insurer.

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