Club Restructure

Transfer of Steamship Mutual Underwriting Association Limited’s European Insurance Business to Steamship Mutual Underwriting Association (Europe) Limited

As a result of Brexit Steamship Mutual Underwriting Association Limited has transferred its historic European business – business relating to the EEA, Monaco and Switzerland – to Steamship Mutual Underwriting Association (Europe) Limited pursuant to Part VII of Financial Services and Markets Act 2000 (the “Scheme”). 

On 2 December 2020 the Court sanctioned the transfer and the Order can be found below. The transfer took effect on 20 December 2020.

The documents below provide further information regarding the Scheme and will be updated from time-to-time. Details of cancellation rights can be found in the Frequently Asked Questions section.

Communications

• Legal Notice
• Policyholder / Member notification 
• Reinsurer Broker notification
• International Group members notification

Scheme Information 

• Scheme
• Scheme Summary
• Steamship Part VII - Sealed Order

Independent Expert Documents

• Independent Expert Report
• Independent Expert report Summary
• Independent Expert Supplementary Report 17-11-2020

Frequently Asked Questions

Information for Slovenian policyholders