American P&I Club

The American P&I Club, or the American Club, is a mutual insurance association for shipowners and operators. It provides liability coverage for maritime accidents, such as damage to cargo, pollution, and injuries to crew members. Members pool their resources to share risks and costs, ensuring that they are protected from potentially hefty legal claims arising from their shipping operations. Established in 1917, the club serves a global membership, emphasizing financial stability and a commitment to safety in the maritime industry. It's an essential safety net for those involved in international shipping.