Shipowners' P&I Club

Shipowners' P&I Club, or Protection and Indemnity Club, is a mutual insurance organization that provides maritime liability coverage for shipowners and operators. Unlike traditional insurance, members pool their resources to share risks related to accidents, pollution, and other liabilities that may arise from shipping operations. When a member faces a claim, the club helps cover the costs, protecting the member’s finances. This collaborative approach offers stability and support to maritime businesses, ensuring that they can address unexpected challenges while promoting safe and responsible practices at sea.