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 10 January 2017, Singapore passed an amendment to the Civil Law Act to implement a framework allowing for third party funding in international disputes, in particular international commercial arbitration. This puts Singapore on the same footing as other major arbitral seats worldwide. The amendment will now provide alternative funding options for international commercial arbitrations and related proceedings, including those in the maritime sector. Such funding however will need to be provided by qualified third-party funders. Third party funding will for the moment only be permitted for international commercial arbitration. The permitted categories of dispute may be broadened after a period of time. The aim of the amendment is to continue supporting Singapore’s position as a key seat and service provider for international dispute resolution.