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Joe Hughes and Stuart Todd

Joe Hughes and Stuart Todd

To mark his retirement this month from the American Club, where he has headed the underwriting team for many years, the managers arranged a farewell dinner in New York for Stuart Todd and his colleagues as well as leading members of the local marine insurance community.

Joe Hughes, chairman and ceo of managers, Shipowners Claims Bureau Inc., penned a spoof ‘Ozymandias’ for the occasion, which he dedicated to Stuart Todd on his retirement and return to the UK – as under.



(after Percy Bysshe Shelley) 


This sonnet (which gains its inspiration from Shelley’s “Ozymandias”) imagines Piraeus a thousand years from now. Our poet has met a barman from the Flying Pig, which still exists, such has been its enduring popularity. He tells of the remains of a colossal statue of some giant personality of long before. Further archaeological investigations indicate that it was first erected in the early part of the 21st century to record for posterity the achievements of a peerless leader of a great insurance empire. 

I                                               I met a barman from the Flying Pig

Who said: “Two vast and trunkless legs of stone

Sit on Akti Miaouli. Near them by the taxi stand,

Close to number 41, a shattered visage lies, whose frown,

And wrinkled lip, and sneer of cold command,

Tell that its sculptor had those policy endorsements read

The fame of which inspired that lifeless thing,

The deductibles that mocked, and the commission deals that bled.

And on the pedestal these words appear:

‘My name is Toddymandias, of underwriters king,

Look on my clauses, ye brokers, and despair!’

Nothing beside remains.  Round the decay

Of insurance offices past, boundless and bare,

The ferries and tavernas stretch far away.”

























Acknowledging his extraordinary contribution to the club’s affairs, Mr Hughes described Stuart Todd as “a P&I legend, whom I have counted as, variously, a competitor, counterparty and colleague over some 35 years of friendship.”

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