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Liability insurance for yacht owners, operators and managers

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The Shipowners’ Club has in-depth knowledge of the risks and liabilities you face when operating your fleet, borne from over 160 years of experience in providing Protection and Indemnity (P&I) cover, Legal Costs Cover and associated insurances.

As market leader, we insure over 33,000 small and specialist vessels across the globe.

We have a wide spread of Members across a range of vessel types, operating sectors and geographical areas. This diversification delivers stability, allowing us to enjoy a strong balance sheet and an A rating from Standard & Poor’s.

We are one of the 13 P&I Clubs which make up the International Group, collectively insuring over 90% of the world’s ocean-going tonnage.


Latest news and insight

  • “Life During Covid is a Living Nightmare”: Ongoing impact revealed in latest Seafarers Happiness Index

    Seafarers continue to face a bleak future in the face of the COVID-19 pandemic, according to the latest Seafarers Happiness Index report, published today by The Mission to Seafarers. The survey, with the support of the Shipowners’ Club and Wallem Group, reports on the experiences of seafarers between July and September 2020.

  • IG Circular: Crew change issues arising from COVID-19

    The International Group and its 13 constituent P&I Clubs, which are in turn mutually owned and governed by their shipowner and charterer Members, have become extremely concerned about the detrimental effect upon the mental well-being of seafarers as a result of the prolongation of their contracts of employment due to the pandemic.

  • IG Circular: U.S. Oil Pollution California – Increased criminal penalties for oil spill related offences

    Members are advised that new fines will be applicable in California from 1 January 2021 for ship sourced oil pollution damage in Californian State waters.

  • Syndicate Series – Meet the Yacht Team

    he Club has developed a Syndicate Series to showcase the strength and experience of our highly specialised Syndicates. Our latest interactive infographic introduces our dedicated Yacht team.

  • IG Circular: Nord Stream 2 and TurkStream – Update on new U.S. sanctions

    This Circular concerns efforts by the United States to enhance the sanction provisions targeting the construction of the NS2 and TurkStream pipeline projects and those who provide vessels and services in connection with either project. The recent efforts are mainly focused on two pieces of legislation – the Countering America’s Adversaries Through Sanctions Act (CAATSA) and the Protecting Europe’s Energy Security Act (PEESA). While the wording in the CAATSA and PEESA sanction authorizations is different, both Acts have the potential to reach the activities of non-U.S. ship owners and others in the marine industry (including insurers).

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  • A guide to Member’s cyber risk cover

    What protection can Members expect from their P&I cover when it comes to cyber? The Club has produced a simple guide outlining the Club’s cover position when it comes to…

  • The Shipowners’ Club pledges stability for Membership with encouraging half year results

    The Shipowners’ Club, the leading P&I insurer in the smaller and specialist vessel sector, has reported financial results for the six months ended 30 June 2020.

  • Half Year Report 2020

    The Club is pleased to announce its financial results for the six months ending 30 June 2020.

  • The Shipowners’ Club co-opts Peter Sydenham and Jan Vermeij to its Board of Directors

    The co-option was agreed at the Club’s Board meeting on the 4 September, with effect from the November 2020 meeting.

  • Bunker Operations Risk Assessment

    Bunkering is one of the most common operations carried out on board, regardless of the vessel type or size. Despite it being a routine operation, disputes may arise, such as those regarding the quantity or quality of bunkers and in some cases the legality, if careful planning is not implemented. The consequences of such situations can vary from machinery breakdowns, to Port State Control (PSC) detentions, to delays, arrests and significant financial and reputational losses. As the shipping industry moves towards cleaner fuels, there is an increased risk of such PSC detentions if the bunkers do not meet the required specifications.

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