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Marine mutual liability insurer From Wikipedia, the free encyclopedia
The UK P&I Club is a marine mutual liability insurer in the United Kingdom providing P&I insurance for the global shipping industry.[1][2][3] The UK P&I Club is one of the 12 members of the International Group of P&I Clubs.[4] The club is one of the largest of the global P&I Clubs and in 2002 covered more than 100 million tons across 6,000 ships.[5] In 2019, the Club provided insurance for over 144 million gross tons of merchant shipping.[6]
The UK P&I Club was founded as the United Kingdom Mutual Steam Ship Assurance Association.[7] In 1886, Thomas Miller, took over the management of the club and the company Thomas Miller still manages the UK P&I Club as of 2023.[8][9][10]
In 2018, the insurer began the process of setting up a subsidiary in Rotterdam as a result of the Brexit.[10]
The club is responsible for the Protection and Indemnity (third party) liabilities insurance coverage for the container ship Ever Given that grounded and blocked the Suez Canal in 2021.[11][12] The club was responsible for reaching an agreement regarding costs with the Suez Canal Authority to allow the vessel to sail in June 2021.[4][13]
Together with Witherbys, the UK P&I Club publishes the marine reference book Carefully to Carry, which contains guidance on the safe carriage, loading and storage of cargo on cargo ships.[14][3]
The club also provide a series of risk awareness guides for the maritime industry covering different ship types.[15]
In September 2021, with CAE and Witherbys, the club launched a safety publication entitled Maritime Team Dynamics, a safety book comparing aviation and maritime incidents.[16][17]
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