It is one of the more conservative of the clubs, professing to have little time for the interest others show in those recurrent themes of the protection-and-indemnity (P&I) market: diversification and consolidation.
The 13 International Group clubs are split fairly evenly between those that are self-managed and those where management is carried out by commercial service companies.
The West of England is self-managed, with both Spendlove and club chairman Francis Sarre of Compagnie Maritime Belge (CMB) emphasising the alignment of interest this provides, in contrast to a commercially managed club where the people at the helm have a separate financial interest and a business to develop.
“We
