P&I Insurance - Reducing Risk and Improving Safety

Send us Fan Mail“If there is one thing I would change to improve safety onboard ships it’s safe manning requirements.”Captain Yves Vandenborn, Head of Loss Prevention Asia-Pacific, North StandardP&I Protection & Indemnity is insurance for ships, crew and cargo.Julia and Adam were lucky enough to find a one hour slot to talk with loss prevention specialists from P&I clubs at opposite ends of the world.  We met with Bill Moore from New York who works for The American Club at his breakfast table and we caught up with Yves Vandenborn from North Standard during dinner time in Singapore.  We had an insightful conversation with these two experts in their field, exploring the role of insurance in maritime safety.  If you thought insurance was a bit dull. think again. Some high profile incident claims have run into $billions such as the Costa Concordia cruise ship and more recently, the container vessel Ever Given which blocked the Suez Canal, but do you know what are the three main categories of claims? We find out how insurance is playing a role in supporting better safety across members’ fleets. What are the new risks for insurers with the move towards decarbonisation in shipping and transportation of electric vehicles? As a seafarer, is my Rolex watch covered?  What priority is given to improving seafarer mental health? What is the Dark Fleet and are you covered in a war zone?  Find out those answers and more by listening.Given that these two experts are part of a group of insurers who represent 90% of global shipping, they have a unique perspective on maritime risk so let’s hear what they both think needs to change to improve safety on board ships.Both P&I Clubs provide safety resources and links to their web sites are here:American ClubNorth Standard This episode of Sea Views is supported and funded by CHIRP and The Seafarers’ Charity.NEWS!  If you love listening to us....you can also watch Sea Views episodes on YouTube.CHIRPImproving safety at sea worldwide through the confidential and independent reporting programme.Make an incident report to CHIRP Maritime hereThe Seafarers' CharityImproving the lives of seafarers and their families for more than 105 years.by Ahoy Communications Ltd