In this episode of the SynMax Intelligence Podcast, host Eric Anderson sits down with Mike Salthouse, Head of External Affairs at NorthStandard, to explore the hidden engine behind global trade: maritime insurance.

From state-backed sabotage to sanctions compliance, Mike unpacks the complex and often misunderstood role of Protection & Indemnity Clubs in a world where risk is evolving faster than regulation. They discuss shifting geopolitical fault lines, the operational impact of the Russia-Ukraine war, AIS spoofing, undersea infrastructure threats, and the mounting pressures of decarbonization.

This episode pulls back the curtain on the quiet crisis management rooms of global shipping and the legal frameworks barely holding the system together.