
American Club (American Steamship Owners Mutual Protection and Indemnity Association, Inc.)
American Club, officially known as American Steamship Owners Mutual Protection and Indemnity Association, Inc., is a mutual insurance organization that provides liability and protection coverage for shipping companies operating in the United States. It helps shipowners manage risks related to accidents, pollution, crew injuries, and other maritime liabilities. As a mutual, its members are the shipowners themselves, sharing the financial responsibility for claims. The American Club offers tailored coverage, maintains financial stability, and promotes safe shipping practices to support the maritime industry's sustainability and security.