William B. Otto, III Award


Nominations are being sought for the NMLA's William B. Otto III Industry Service Award. This tribute recognizes individuals within the marine industry who have given their time and energy to the NMLA or other groups to help colleagues achieve success in their work or business.

It is named for Bill Otto, a founding member of the association and former president. He is credited with organizing the first marine lending conference that brought the financial community together with counterparts in marine manufacturing, retailing and services, including insurance providers, maritime attorneys, surveyors, etc. Qualifications of nominees include:

• A commitment and dedication to the improvement of the marine industry in general
• A passion for helping the industry and individuals within it grow
• Shown efforts that have improved relations between industry sectors and consumers
• A person of high ethical standards
• Nomination by a current member of the NMLA (list available upon request)

The award takes the form of a glass trophy to the recipient and a wooden plaque noting the awardees kept at NMLA headquarters in Annapolis, MD. The presentation is made annually at the NMLA Annual Conference.

Click here to download "William B. Otto III Industry Award" Nomination Form.


Michael J. Smith - 2018 Recipient


L-R Bill Otto (NMLA Director Emeritus) and Mike Smith (Global Marine Insurance - Retired)

L-R Troy Buttleman (Global Marine Insurance), Pam Stanley (Global Marine Insurance - Ret.), Otto Award Recipient, Mike Smith, and Matt Anderson (President, Global Marine Insurance Agency)