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 UK is the latest state to sign the International Group large casualty Memorandum of Understanding (MoU) regarding the response to major maritime casualties and incidents. The MoU is a key element of the International Group Outreach programme and was developed following the review undertaken in 2012 (and updated in 2016) of major maritime casualties involving removal of wreck operations. The aim of the MoU is to promote and streamline cooperation between the Group clubs and maritime authorities to facilitate expeditious and effective response to major maritime casualties and incidents, particularly those involving actual or potential removal of wreck operations and environmental damage, or the threat thereof. The MoU is not a legally binding document, and does not override existing international, regional or national arrangements for the handling of maritime casualties. Nor does it override applicable law or statutory rights, duties and obligations. Rather, it is designed to provide a collaborative framework for prompt and efficient handling of casualties. It also provides for joint participation in education and training exercises. South Africa, Australia and New Zealand have already entered into similar MoUs with the International Group, and approaches have been made to and discussions are ongoing with a number of other states.