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.
Sam Kendall-Marsden, the head of our UK & Americas division, managed the wreck removal of the Costa Concordia in 2012. The wreck removal costs of the Costa Concordia exceeded $1bn making it one of the largest claims The Standard Club has ever managed. In the attached Tug & OSV article, Sam summarises the club’s cover for wreck removal explaining the difference between wreck removal and salvage liabilities and addresses some specific issues concerning lost anchors. The full article is available on the right with the kind permission of International Tug & OSV.