American Club (American P&I Club)

The American Club, also known as the American P&I (Protection & Indemnity) Club, is a mutual insurance organization that provides liability coverage for ship owners and operators. It helps cover costs related to accidents, damages, injuries, and environmental incidents involving ships. Members pay premiums to the club, which then offers financial protection and risk management services. As a mutual, the club is owned by its members, meaning they share both the risks and benefits. It operates globally, supporting maritime safety, legal defense, and claims handling to ensure smooth maritime commerce.