Corporate Governance

The Clubs

Steamship Mutual Underwriting Association Limited (“SMUAL”) and Steamship Mutual Underwriting Association (Europe) Limited (“SMUAE”) are mutual Protection and Indemnity Associations, otherwise known as P&I Clubs.

The Clubs are members of the International Group of P&I Clubs and participants in the International Group Pool along with Steamship Mutual Underwriting Association (Bermuda) Limited.

The Clubs have appointed Managers who are responsible for the day to day handling of claims and the administration of the Club's financial and underwriting functions in accordance with the policies laid down by the Directors and using representatives in Hong Kong, Singapore, Limassol, Rio de Janeiro and Piraeus.

Further information relating to certain companies can be found below:

Boards of Directors

For details of the composition of the Boards and Committees of the following Steamship companies please select the relevant link below:

Financial Regulators

Steamship Mutual Underwriting Association Limited is authorised by the United Kingdom Prudential Regulatory Authority and regulated by the United Kingdom Financial Conduct Authority and Prudential Regulatory Authority (FCA and PRA registration number 202548).

Steamship Mutual Underwriting Association (Europe) Limited is authorised by the Insurance Companies Control Service (ICCS registration number 181).


Steamship P&I Management LLP (FCA registration number 597046) is an appointed representative of Steamship Insurance Management Services Limited which is authorised and regulated by the United Kingdom Financial Conduct Authority (FCA registration number 314468).

 

Steamship Mutual Underwriting Association (Bermuda) Limited and The Steamship Mutual Underwriting Association Trustees (Bermuda) are authorised by the Bermuda Monetary Authority.


The Financial Conduct Authority Limited: www.fca.org.uk
The Prudential Regulation Authority: www.bankofengland.co.uk/pra
Bermuda Monetary Authority: www.bma.bm

Insurance Companies Control Service: http://mof.gov.cy