Last modified: 2019-08-02 by rick wyatt
Keywords: american club | united states |
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image by Ivan Sache, 4 November 2018
American Steamship Owners Mutual Protection and Indemnity Association, Inc.
(the American Club) was established in New York in 1917. It is the only mutual
Protection and Indemnity Club domiciled in the United States – indeed, in the
The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping. Protection and Indemnity insurance (commonly referred to as "P&I") provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations. Responsibility for damage to cargo, for pollution, for the death, injury or illness of passengers or crew and for damage to docks and other installations are examples of typical exposures.
The American Club offers products and services in:
- Protection and indemnity insurance;
- Freight, demurrage and defense insurance;
- Insurance for charterers' risk.
The flag of the American Club is white with the organization's emblem.
Ivan Sache, 4 November 2018