The Standard Club is keeping faith with a belief in the benefits of consolidation in the protection-and-indemnity (P&I) market despite the failure of the proposed merger of the Britannia and UK clubs.
The argument that mergers could bring efficiencies of scale and cut costs has not gone away, according to Standard Club chief executive Jeremy Grose.
Grose says he was not surprised that the Britannia-UK deal was abandoned, as club mergers are very difficult to achieve.
But
