UK P&I Club - Celebrating 150 years
2019 marks the 150th anniversary of the foundation of the UK P&I Club. Since 1869, the UK Club has been supporting Members in managing risk, preventing loss and enhancing safety at sea.
The Club came into being at a time of major technological change – the introduction of steam. The new steam-driven ships produced a greater risk of liability claims. Since no other insurance was available, small numbers of shipowners got together to form mutual protection associations, among them The United Kingdom Mutual Steam Ship Assurance Association, which opened an office at Cushion Court, Old Broad Street.
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The UK P&I Club, one of the leading shipping protection and indemnity mutual insurers, delivers positive result in challenging conditions