Shipowners' Mutual P&I Association

Shipowners' Mutual P&I (Protection and Indemnity) Association is a cooperative insurance organization that provides liability coverage for shipowners. It protects members against financial losses from accidents, injuries, pollution, and damage caused by their ships. By pooling resources, members share the risks and costs associated with unforeseen incidents at sea. This insurance is essential for owners to comply with international regulations and to manage operational risks, ensuring they can handle claims efficiently and maintain safe, responsible shipping operations.