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UPCOMING EVENTS / 8

Virardi @ The American P&I Club

Michael will find himself, for the second year running, on the 31st floor of One Battery Park Plaza in New York City, at the Shipowners Claims Bureau Head Offices, which are the Managers of The American P&I Club.

Michael will be working out of the offices of the Shipowners Claims Bureau from the 17th to the 21st of September 2018. He will deliver a 2-day workshop (17th & 18th of September) followed by three day (19th to the 21st of September) one-to-one coaching for the global and local executives of The American P&I Club.

The Club is a member of the International Group of P&I Clubs, a collective of thirteen mutuals which together provide Protection and Indemnity insurance for some 90% of all world shipping.

Protection and Indemnity insurance (commonly referred to as “P&I”) provides cover to shipowners and charterers against third-party liabilities encountered in their commercial operations. Responsibility for damage to cargo, for pollution, for the death, injury or illness of passengers or crew and for damage to docks and other installations are examples of typical exposures.

Running in parallel with a ship’s hull and machinery cover, traditional P&I such as that offered by the American Club distinguishes itself from ordinary forms of marine insurance by being based on the not-for-profit principle of mutuality where Members of the Club are both the insurers and the assureds.