A New Chapter of Leadership for the Defence Club
Today marks the conclusion of a highly successful three-year term as Chairman for Markos Nomikos. Under his leadership, the Club has continued to strengthen its position in the market, achieving almost 20% growth in owned and chartered entries while returning approximately £6 million to Members. We extend our sincere thanks to Markos for his commitment, guidance and contribution to the Club's continued success during his tenure.
As we look to the future, we are delighted to announce the appointment of Alex Stafilopatis as Chairman for the next three-year term. Alex is committed to building on the strong foundations established by Markos and his predecessors. His focus will be on preserving the Club's financial strength, delivering continued value to Members, and maintaining the Club's leading position in this specialised sector of the maritime market.
We congratulate Mr. Stafilopatis on his appointment and look forward to the next chapter in the Club's continued growth and success.
Our Mutual Club
We are one committed community, owned and run by our Members. Founded by maritime leaders, for maritime leaders, we share your purpose. Standing together with decision-makers when it matters most. Actively shaping a fairer and more resilient future for the industry. Drawing upon our expertise to influence the changes we want to see happen. Together let’s shape how we navigate our world.
Club Restructure
As Members will be aware in May, 2025 EGMs were held by UKFDD and UKDIA to approve a Club restructure. Following the Member approvals that were provided at those meetings, steps have been undertaken to effect the restructure. As a result, UK Defence Insurance Limited (“UKDIL”) has been established in Cyprus and will begin underwriting European risks from 20th August, 2026.
From the same date UKDIL will also become the Club’s quota reinsurer.
The risks underwritten by the Club’s current European subsidiary (UK Defence Club Europe) will be transferred to UKDIL over the coming months.
Members should not see any noticeable change in the operation of the Club, or its cover, as a result of the restructure. EEA risks and certificates of entry will going forward be issued by UKDIL and debit notes will reflect its bank account details.
Should Members have any questions about this restructure please do not hesitate to contact your usual Club contact.
