British Steamship Mutual specialises in the underwriting of Shipowners’ P&I, Charterers’ Liability and FD&D insurance.

British Steamship adopts an underwriting model whereby the premium the Member pays reflects the Members’ risk profile and individual performance.

Shipowners’ P&I insurance
British Steamship specialises in the underwriting of merchant vessels, specialist craft and yachts worldwide except US waters. British Steamship target small to medium size vessels. We have no restrictions to age or class and we accept singletons.

As far as cargo-carrying vessels are concerned we insure dry cargo vessels, tankers trading non-persistent oils only and reefers excluding cargo. In the non-cargo carrying segment we insure fishing vessels, tugs and barges, supply vessels, pontoons and all other special craft.

Shipowners’ P&I insurance provides cover to Shipowners against third-party liabilities encountered in their commercial operations. Liability for damage to cargo, pollution, for death, injury or illness of passengers or crew, and damage to docks and other installations are examples of typical exposures.

British Steamship offer limits up to USD500M.

In the case of British Steamship, this cover is provided under Class I of its Rules. The Rules of the Club are the basic contractual terms upon which Members are insured.

Download Shipowners’ P&I Rules.

Charterers’ Liability insurance
British Steamship provides Charterers’ Liability insurance to tailor the specific needs of all type of Charterers, cargo owners and traders. We cover the Member’s liability arising out of the chartered vessel. Our Charterers’ Liability insurance covers both the contractual and legal liabilities arising out of the chartering of a vessel.

British Steamship welcome any of type of Charterers’ business, no matter what size. We can insure a chartered vessel of any type (cargo and non-cargo carrying), tramp chartering, liner/feeder business, any type of commodity and any trading area. We have no restrictions to age, size or type of a vessel. For clients who ship their own cargoes, cover can be extended to include Cargo Owners Legal Liability.

British Steamship offer limits up to USD500M.

In the case of British Steamship, this cover is provided under Class I of its Rules. The Rules of the Club are the basic contractual terms upon which Members are insured.

Download Charterers’ Liability Rules

FD&D insurance
This insurance provides Members with cover for legal costs – and legal assistance – in relation to a wide range of disputes arising from the building, buying, selling, owning and operation of an insured vessel.

It is provided under Class II of the Association’s Rules subject, in the ordinary way, to an overall limit of liability per claim as well as a deductible which usually entails some contribution from the Member to the cost of prosecuting or defending a relevant claim. FD&D can only be obtained in conjunction with Shipowners’ P&I or Charterers’ Liability

FD&D Rules can be found in Shipowner’s P&I Rules and Charterers’ Liability Rules, Class II.

As part of our service we can promptly arrange issuance of Blue Cards and other regulatory paper work.

British Steamship is an approved insurer by Japan MLIT.