UK P&I Club

Name

UK P&I Club

Legal name

The United Kingdom Mutual Steam Ship Assurance Association Limited

Website

https://ukpandi.com

Company type

Private

Founded year

1869

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Marine P&I Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Insurance Carriers and Related Activities (524)

SIC

Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Protection & Indemnity (P&I) / Marine Liability Insurance (FSAJAHAH)

akta.pro secondary industries

Marine Specialty (Hull/P&I/Cargo) (FSAJAGAJ), Commercial Lines P&C Reinsurance (FSAOABAB)

Keywords

• Marine liability insurance
• P&I cover
• Protection and indemnity
• Shipowner insurance
• Maritime risk management

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Mutual P&I Insurance: Mutual P&I cover for shipowners providing liability protection for cargo, crew, passengers and pollution. Members pay calls (assessments) based on their vessel entries and risk profile.
2. Charterers and Traders P&I: Charterers liability protection for chartering ships, including hull, cargo, third parties, and pollution.
3. Offshore P&I: Offshore energy insurance covering liabilities and losses incurred by energy vessels, specialised units and charterers in the offshore sector.
4. Fixed P&I: Fixed premium P&I cover as an alternative to mutual entry for ship owners and charterers.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

UK P&I Club is a mutual marine insurance association providing Protection and Indemnity (P&I) liability cover to shipowners, charterers, and offshore operators globally. Founded in 1869, the Club delivers Mutual P&I and Fixed P&I covers addressing cargo, crew, passenger, and pollution liabilities, complemented by Charterers P&I and Offshore P&I. Value-added services include loss prevention, crew wellbeing, fleet quality assessments, and seven Centres of Excellence covering bulkers, containerships, cruise and ferry, gas and alternative fuels, oil and chemical tankers, and vehicle carriers. The Club is managed by Thomas Miller and operates as one of 12 members of the International Group of P&I Clubs.

Product overview

UK P&I Club is a mutual marine insurance business offering a comprehensive portfolio of P&I insurance solutions for shipowners, charterers, and offshore operators. The core offering consists of Mutual P&I and Fixed P&I products, complemented by Charterers and Traders P&I and Offshore P&I covers. Additional value-added services include Loss Prevention, Crew Wellbeing, and Fleet Quality safety assessments, supported by seven Centres of Excellence specialising in key maritime segments (Bulkers, Containerships, Cruise & Ferry, Gas & Alternative Fuels, Oil & Chemical Tankers, and Vehicle Carriers). The club also provides Sanctions guidance and global claims handling expertise. All products are backed by Thomas Miller management and the International Group of P&I Clubs.

Differentiator

Problem solved

Functional benefit

Products and services

• Mutual P&I
• Charterers and Traders P&I
• Offshore P&I
• Fixed P&I
• Additional P&I Covers

Quantifiable outcome

• More than 1,010 ship and shore workers have lost their lives in enclosed spaces between 2000-2024 - UK P&I Club invests in research, guidance, training and case-study learning to reduce these tragedies
• +1 more outcomes

Named customers3 records

Segments9 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• CAEminorStrategic or Co-development PartnerClub Collaboration partner providing training and simulation capabilities for maritime safety.
• CINSminorStrategic or Co-development PartnerClub Collaboration partner in the CINS initiative for industry safety improvement.
• LFNWminorStrategic or Co-development PartnerClub Collaboration partner for Loss Prevention and safety initiatives.
• Together in SafetyminorStrategic or Co-development PartnerClub Collaboration partner focused on collaborative safety initiatives across the maritime industry.
• VIKANDminorStrategic or Co-development PartnerClub Collaboration partner providing maritime health and crew welfare solutions.
• International Group of P&I ClubscoreStrategic or Co-development PartnerUK P&I Club is one of 12 member clubs in the International Group, providing pooled reinsurance capacity exceeding $8 billion for maritime third party liability claims. The Group coordinates industry positions on regulation and provides collective bargaining power with protection and indemnity risks.
• Thomas MillercoreStrategic or Co-development PartnerUK P&I Club is managed by Thomas Miller, a specialist insurance manager providing underwriting, claims handling, loss prevention, and administrative services. Thomas Miller manages multiple marine insurance clubs and has been the manager since the club's founding.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Skuld (Assuranceforeningen Skuld): Norwegian-headquartered International Group P&I Club serving shipowners, charterers and offshore operators with mutual and fixed P&I covers. Direct peer offering the same product categories and IG pooling benefits to a largely overlapping membership base.
• Japan P&I Club: Japanese International Group P&I Club providing P&I insurance and loss prevention to Japanese and foreign shipowners. UK P&I explicitly targets Japanese membership (Tokyo, Imabari offices), making Japan P&I its primary regional direct peer.
• The Standard Club (Standard Club Asia and Europe): International Group P&I Club providing mutual and fixed P&I cover to shipowners and charterers globally. Directly comparable in product mix (mutual and fixed P&I, charterers, offshore) and competes with UK P&I for the same member base.
• Britannia P&I Club: International Group P&I Club providing mutual P&I cover to shipowners and charterers. Operates within the same IG pooling structure with a comparable mutual, charterers and offshore product portfolio to UK P&I.
• North of England P&I Association: International Group P&I Club providing mutual P&I and related covers to shipowners and charterers. Direct peer operating within the same IG pooling framework and competing for similar member segments as UK P&I.
• Steamship Mutual Underwriting Association: International Group P&I Club offering mutual P&I cover to shipowners and charterers worldwide. Operates the same IG pooling mechanism, mutual call structure, and loss prevention services as UK P&I, making it a direct functional peer.
• The Swedish Club (Sveriges Ångfartygs Assurans Förening): International Group P&I Club offering mutual P&I, charterers' liability and energy covers. Comparable mutual structure, IG pooling membership, and focus on loss prevention and risk management services similar to UK P&I.
• Gard P&I (Assuranceforeningen Gard): One of the largest International Group of P&I Clubs, providing mutual P&I and related marine insurance to shipowners and charterers globally. Directly comparable mutual structure, product set, and IG pooling relationship as UK P&I.
• The American Club (American Steamship Owners Mutual Protection and Indemnity Association): US-headquartered International Group P&I Club offering P&I cover to shipowners and charterers entering US waters and beyond. Directly comparable mutual P&I offering, with overlapping IG pooling, and competes with UK P&I in the Americas and globally.

Others

• Thomas Miller Specialty (Hanseatic Underwriters): Sister business under the same Thomas Miller management group that also manages UK P&I. Provides specialty marine and related insurance, including underwriting previously branded as Hanseatic Underwriters, and shares infrastructure with UK P&I, making it an adjacent enabling/related entity rather than a direct market competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xx.com/ukpandi
• LinkedInlinkedin.com/company/uk-p&i-club

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about UK P&I Club