Book focuses on the services provided by protection and indemnity clubs
The North of England P&I club has published a guide to the marine liability insurance market, which focuses on the services provided by protection and indemnity clubs.
The 216 page guide, An Introduction to P&I Insurance and Loss Prevention, guide focuses on the services provided by the members of the International Group of P&I clubs, who mutually insure over 90% of the world’s ocean-going fleet of merchant shipping tonnage.
The guide also introduces the key international conventions and regulations governing international shipping practice as well as the all-important topic of maritime loss prevention.
According to Tony Baker, North of England’s head of loss prevention: ‘Mutual shipowners’ liability clubs originated in England in the nineteenth century. It is perhaps therefore appropriate that this guide is written and published by the world’s first combined protection and indemnity club, with over 120 years of experience.’
The new book serves as the main reference book for North of England’s long-established training course on the topic.