We provide protection and indemnity cover with other insurances for shipowners, charterers and offshore energy operators. We are S&P ‘A’ rated and one of the premier mutual P&I insurers by tonnage and membership.
Teams of marine and technical personnel provide advice and best
practices that underpin our ability to manage risks, deliver value and sustain financial security
Through offices in major hubs and a network of correspondents we cover
the globe, responding to incidents with immediate, practical advice and ongoing support to resolve matters as positively as possible.
Standard Club is a specialist marine and energy insurer known for its diverse membership, pioneering loss prevention expertise and attractive pricing.
On 12th April 2012 the IMO agreed to increase the limits of liability set out in the 1996 Protocol to the Convention on Limitation of Liability for Maritime Claims 1976 (“the Protocol”) to reflect changes in monetary value between 1996 and 2012. These new limits have entered into force internationally on 8 June 2015. Yet, the new 2015 limits still requires in many countries to be given effect domestically by national legislation. This is the case in the UK which has just launched on 22 December 2015 a consultation on the introduction of these new limits of liability. The department for Transport is also seeking the stakeholders views on a small number of additional amendments related to domestic maritime legislation.
Click here for more information.
This consultation closes on 2 February 2016. Therefore, until further notice, the original 1996 Protocol limits remain applicable in the UK. We shall keep you updated.