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.
The European Parliament has voted in favour of proposed reforms to including international shipping in the EU Emissions Trading System (ETS) from 2023. The ETS sets a cap on the total amount of greenhouse gases that can be emitted, which is reduced over time to lower total emissions. Within the cap, companies can then trade ‘emission allowances’ with one another. If at the end of each year, a company cannot surrender enough allowances to cover its emissions, heavy fines are imposed. Whilst the vote brings the ETS one step closer to reforms, the proposals will require the support of a majority of EU member states in the EU Council to pass into law.