Proposed change to constitution - Nov 2022
As part of that process the Club continually evaluates new opportunities which could add value without unnecessarily exposing our Members’ capital. Consideration is currently being given to a potential hull and machinery venture. As a prudent step in that evaluation, permission is being sought from the Club’s membership and our regulator to expand the classes of insurance business which the Club may potentially underwrite.
Further details of any new product launch will be provided in due course and the Club has nothing further to add on this subject at this time.