Reinsurers Set to Bear Brunt of Costs for Suez Canal Grounding
By Jonathan Saul and Carolyn Cohn LONDON, April 8 (Reuters) – Reinsurers are set to foot most of the bill for the grounding of the ship that halted traffic in the Suez...
International classification society DNV GL has announced plans to change it name to DNV.
The current name has been in place since the 2013 merger between DNV (Det Norske Veritas) and GL (Germanischer Lloyd), creating the world’s leading maritime classification society. The company says comes after a comprehensive review of the company’s strategy as it positions itself for a world in which many of its markets are undergoing fundamental change.
“We merged two leading companies with complementary strengths and market positions, and combining the two names was the right solution in 2013,” said Remi Eriksen, Group President and CEO. “However, it was not a name that rolled off the tongue, and many customers already refer to the company as DNV. Our brand is used by many of our customers to build trust towards their stakeholders, and a simpler name will be an even stronger trust mark for our customers in the future, but still carries with it all our strengths and proud 157-year-old legacy with a purpose to safeguard life, property and the environment.”
“Our strategy not only positions us for significant growth in a world increasingly in need of a trusted voice, but also positions us to shape the future of assurance,” said Eriksen. “DNV will offer the best, most efficient and digitalized ways of delivering services – be it classification, certification, verification, inspection, advisory, or digital solutions.”
The official name change is set to take place 1 March 2021.
Join the 67,371 members that receive our newsletter.
Have a news tip? Let us know.