The Shipowners Club

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The Shipowners Club

• Club Information

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The Shipowners Club

• Second Oldest PI Club
• Focus on small and specialised vessels
• Member of the International Group of PI Clubs
• Smaller Vessels Generally Smaller Risks

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Mutual Equation
CALLS INVESTMENT INCOME
CLAIMS EXPENSES

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Advantages of a Mutual

• Insurance at cost
• Controlled by the insured
• Specialist sector
• Bulk purchase of reinsurance
• Evolution of cover
• No divergence of interest between insured
  insurer
• Claims friendly
• Analysis/control of specialist risks

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Risk Exposure
Typical Regional Trading Vessel Operates in
congested waterways. Manoeuvres close to other
vessels or offshore structures. Enters and
leaves port very frequently. Operates near
navigational hazards. Designed for multiple
functions. Carries out high risk operations such
as rig shifts. Often operates as part pf a
complete unit such as tug and tow.

• Typical Deep Sea Vessel
• Operates in open ocean.
• Avoids close proximity to other vessels.
• Enters and leaves port occasionally.
• Operates in deep waters.
• Designed for one function.
• Carries out low risk operations such as cargo
  transport.
• Operates as a single unit.

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Diverse MembershipPolicy Year Ending 20th
February 2008
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Club Vessels, Members GT
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Member of the International Group of P I Clubs

• The Club has the added benefit of quality of
  membership and wide spread of risk, both
  regionally and globally
• By means of pooling arrangements, the Group
  Clubs share larger risks and participate in
  common reinsurance programmes
• The Group covers 90 of the worlds tonnage
• It provides a voice for shipowners views on new
  Conventions, laws and insurance requirements,
  participating in such inter-governmental bodies
  as IMO as well as dealing with national
  governments
• It shares information on topical problems such
  as personal injury, oil pollution and carriage
  of certain cargoes

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Group Clubs

• American Club
• Gard Club
• Skuld Club
• Britannia Club
• Japan Club
• London Club
• North of England Club
• The Shipowners Club
• Standard Club
• Steamship Mutual Club
• UK Club
• West of England Club
• Swedish Club