The Standard Club UK Ltd is a mutual insurance association and member of the International Group of P&I clubs, owned by its shipowner members and controlled by a board of directors drawn from the membership. The club has been insuring shipowners, operators and charterers for their liabilities to third parties for over 100 years and insures about 10% of the world fleet.
The club prides itself on quality of service to members, and sets great store in responsiveness and support at all times, especially in times of crisis. Claims are managed from one of our 6 international offices, and our global reach is expanded by our correspondent network. The Loss Prevention department works to minimise losses through ship surveys and a programme of educational events and publications. We also put an emphasis on financial strength and stability, which has resulted in an S&P A rating and no unbudgeted supplementary calls for over 20 years.
The club’s four strategic objectives are:
- To provide first class financial security
- To be recognised for providing excellent service through solving members’ problems.
- To provide a broad range of P&I insurance and related covers that represent excellent and sustainable value.
- To pursue selective growth, consistent with the other objectives.