Established in 1986, The Charterers P&I Club provides Charterers Liability and FD&D cover to charterers for limits up to USD 500 million and USD 5 million respectively.

The agency is managed by MECO Group (a rebranding of Michael Else and Company) a managing general agent with 40 years of experience in marine insurances.

The Charterers P&I Club employs 15 maritime lawyers and commercial claims handlers who are based across offices in London, Dubai and Shanghai. They also have representative offices in Madrid and Sydney.

Annual premium income in 2016 remained flat at approximately USD 29 million.

Underlying security is provided by Great Lakes Insurance SE, UK Branch ‘GLISE’, a wholly owned subsidiary of Munich Re, the global reinsurance company.