Steamship Mutual

Steamship Mutual is a maritime mutual insurance company that provides coverage for shipowners and operators against various risks related to maritime activities. Formed in the 19th century, it functions on a mutual model, meaning members share risks and benefits collectively. By pooling resources, members can protect themselves against potential financial losses from incidents like accidents, cargo damage, or oil spills. The organization emphasizes marine insurance and offers services such as claims management and legal support, ensuring that maritime businesses are safeguarded while promoting responsible practices in the shipping industry.