Protection and Indemnity (P&I)
Marine Protection and Indemnity Insurance (P&I) is a specialised, relationship-driven business and as an owner or insurance manager, we understand you need to know your placement is in safe hands.
When sourcing Protection and Indemnity (P&I) insurance, it is essential to have a long-term strategy but also the agility to adjust when prevailing conditions change.
At Gallagher, our London office is considered one of the leading teams in the market, staffed by dedicated P&I specialists (non-claims) with more than 150 years of combined experience. We handle over 55 million gross tonnes of Owned P&I as well as a large book of Chartered and Trading accounts, predominantly stemming from Greece, Korea, Singapore, the US, Europe and the Middle East.
We also have considerable strength in associated insurances, such as Freight, Demurrage and Defence (FD&D), Charterers’ and Traders’ Liability, Maritime Lien insurance and Certificate of Financial Responsibility (COFR) Guaranties for vessels trading to the US.
Over the years, we have built strong relationships, through extensive dealings with specialist, fixed premium insurers and with clients, several being represented on club boards. We are able to tailor competitive solutions for clients, whatever the size or scope of their operations.
In addition, we have a Marine claims department, dealing with all lines of insurance claims with a dedicated service to our clients. We understand that exceptional claims handling is another important part of our overall service.