The Protection and Indemnity Clubs

Protection and Indemnity (P&I) Clubs are mutual insurance organizations that provide maritime liability coverage to shipowners. They cover risks such as damage to other vessels, environmental pollution, injury or death of crew members, and collision liabilities. Members pay regular premiums, and the club collectively pools resources to cover large claims, reducing financial risk for individual shipowners. P&I Clubs operate on a mutual basis, meaning members contribute to a common fund that safeguards against significant liabilities, helping ensure safe and responsible ship operations while managing unpredictable maritime risks.