Protection and Indemnity (P&I)
Third‑party liability protection for shipowners
Protection against third‑party liabilities
Protection & Indemnity (P&I) Insurance is designed to protect shipowners against the wide range of third‑party liabilities that arise from the operation of vessels. The cover responds to liabilities associated with crew and passengers, cargo, pollution, collisions and other operational incidents, providing financial security and legal support when exposures materialise.
Developed originally to address liabilities outside the scope of Hull & Machinery insurance, P&I remains a central element of marine risk management. Through a mutual structure, The Swedish Club provides long‑term, member‑focused protection tailored to today’s complex operational and regulatory environment.
As a member of the International Group of P&I Clubs, The Swedish Club provides access to one of the most extensive reinsurance programmes in the marine insurance market, ensuring security and capacity for large and complex liabilities.
Key coverage features
- Injury, illness or loss of life (crew, passengers and other third parties)
- Cargo loss, damage or delay
- Collision and other third‑party property damage
- Pollution and environmental liabilities
- Wreck removal and salvage
- Fines, penalties and associated legal costs
- Other liabilities arising from vessel operations
Cover terms and limits are structured in accordance with the Club’s Rules and applicable international conventions.
Why choose The Swedish Club
Member‑focused mutuality
A transparent mutual model designed to align the Club’s interests with those of its Members
Experienced claims handling
Practical, hands‑on claims management with early involvement in incidents and close coordination throughout the process
Casualty and incident response
Proven capability in managing complex casualties, major incidents and multi‑party claims
Global support network
Access to a worldwide network of correspondents and service providers, available 24/7
Tailored solutions
Additional covers and limits structured to reflect individual trading patterns and operational exposures
A professional and practical hands-on approch
Having handled complicated P&I matters for more than a century, The Swedish Club has gained large casualty coordination experience. The Club and its staff are well known in the market for a professional, yet practical hands-on approach concerning claims handling and having close relationship with its members.
Member of the International Group
The Swedish Club is a member of the International Group of P&I Clubs and offers full mutual P&I cover on a Group basis. An entry for P&I is subject to a full risk assessment process, including meetings with Owners/Managers to ensure the correct cover is provided.
Premiums for P&I follow the mutual system of advance calls and supplementary calls. The Club’s strategy is to minimise the risk for supplementary calls to allow Members to budget their future costs for P&I cover.
Our P&I rules
More information about what is covered under the P&I insurance can be found in the P&I rules and also in the Rules and Exceptions.
P&I insurance is available to owners as well as charterers. If members require an additional cover that is not included under the standard P&I, the Club offers a wide range of additional and tailor-made cover as complements to the basic P&I insurance. For more information, please contact your local Underwriting team.
Please note: The information is a general description. For full conditions, premiums, subjects and warranties, or other questions, please contact your local underwriting team