Portfolio Protection & Indemnity (P&I) Insurance
P&I insurance covers the insured’s legal liability arising from ship operations, in particular:
P&I insurance coverage complements the risk coverage range covered by marine hull insurance. For this reason, detailed risk analysis and coordination with the hull insurance are imperative for creating a comprehensive, individualized coverage concept.
There are two types of P&I insurers: One group consists of the P&I Clubs, which are committed to mutuality, and the other group, whose number has increased steadily in recent years, consist of providers offering P&I insurance against fixed premiums.
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Marine Alliance AS Insurance Brokers
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