Security of The Shipowners’ Club
The Shipowners’ Club is a mutual insurance association. It offers Protection & Indemnity (P&I), Legal Assistance and Defence cover (also known as FD &D) and associated insurances to smaller and specialist vessel owners, operators and charterers around the world.
As a mutual association, the Club is owned and governed by its Members. Members share risk and operate on a non profit-making basis. The board of directors is drawn from the membership. Underwriting, claims and loss prevention services are provided by the Managers of the Club.
We have a wide spread of Members across a range of vessel types, operating sectors and geographical areas. This brings stability to the Club. Insurance is made available to the following vessels types: barge, cargo, fishing, offshore, passenger/tour boat, tanker and yacht. Building on almost 160 years of experience, the Shipowners’ Club works closely with Members and their brokers to provide tailor-made insurance packages for each operator according to their particular need.
The Club is a member of the International Group of P&I Clubs which represents over 90% of the world’s ocean-going tonnage. Group members participate in common reinsurance programs and share larger claims. The International Group provides a voice for vessel owners’ views on legislation, conventions and regulations that impact upon their operation.
Find out more about the financial security of the Shipowners’ Club.