Insurance

We provide top-quality and cost-effective marine insurance solutions and services, all customised for each member’s needs.

Insurance

The Swedish Club is with you at all times, providing a full range of insurance solutions for every area of your business, from essentials such as P&I, FD&D, Marine, Energy and Offshore insurance to specialist insurance products such as Kidnap and Ransom and War Risks.

As a member, you can rely upon full service and support 24 hours a day, seven days a week and 365 days a year.

P&I

The Swedish Club is a member of the International Group of P&I Clubs and offers full mutual P&I cover on a Group Basis. Our strategy is to provide long-term pricing stability, enabling shipowners to budget future costs for P&I cover. We offer P&I insurance for owners and charterers and have a wide range of additional and customised cover to complement the members’ basic P&I insurance.

FD&D

A member covered for FD&D has direct access to the Club’s FD&D lawyers for advice and assistance even if no dispute has arisen. If external lawyers need to be instructed in a case of dispute, our philosophy is to appoint individuals rather than firms, to obtain the particular expertise required, and we will manage the case for you.

Hull and Machinery (H&M)

We can offer on-site assistance from our in-house surveyor and/or technical experts, while claims are generally adjusted by our team of in-house adjusters, offering time and cost benefits both to you and the Club.

Increased Value Insurance and Freight Interest Insurance

This product covers against total loss of the insured vessel and is an extension of the H&M cover, activated only if the vessel is a total loss or a constructive total loss.

Energy and Offshore

From our office in Oslo, Norway, the Club writes a wide range of insurance cover, including H&M, Interest and Loss of Hire for Mobile Offshore Units and FPSOs.

Kidnap and Ransom

This insurance protects your organisation against financial losses that can arise when a crew and/or vessel is seized or detained for ransom. We also provide access to Kidnap & Ransom experts and other consultants who will assist in resolving the incident successfully.

War Risks

War perils are typically excluded under standard H&M conditions. The Club offers owners and charterers comprehensive worldwide war risk cover based on the war conditions associated with the entry for H&M conditions.

Loss of Hire and Delay Cover

The Club’s Loss of Hire insurance will protect against an unexpected shortfall in earnings due to physical damage to a vessel, which can prove useful to an owner operating on tight margins.

If you have any questions, please contact your local Underwriting team.