
Do you know what P&I stands for? Protection and Indemnity insurance, more commonly known as P&I insurance, is a type of mutual maritime coverage offered by a P&I club. While marine insurance companies offer “hull and machinery” coverage for shipowners and cargo insurance for cargo owners, a P&I club covers broader, open-ended risks that conventional insurers are typically unwilling to insure. Continue reading “Do you know what P&I stands for?”










