P&I cover, and professional liabilities

The choice of P & I Clubs should be performed according to the reality of the risk. Clubs of the International Group have the advantage of higher equity at USD 1 billion but is it necessary to maintain such a guarantee for low risk companies? Reflection with the insured, and in correlation with the legal provisions in force, should help make the right choice.

For less exposed operations, a more modest guarantee enough and the choice of a Professional Liability policy may be best suited.

We may, among other things, advise you to ensure the following responsibilities:

• Owner’s liability
• Liability for Cargo Carriers
• Liability for passengers Carrier
• Assistance – Salvage -Wreck removal
• Charterer’s Liability
• Transport Organizers Liability
• Storage Liability
• Pollution Liability
• Hull Construction Liability
• Liability arising from event organization