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THE CLUB’S OUTLOOK

THE CLUB’S OUTLOOK

Home>THE CLUB’S OUTLOOK
THE CLUB’S OUTLOOK root 2017-02-07T13:46:16+00:00

VISION

Islamic P&I Club will meet the level of existing international P&I clubs with the Islamic Member States and the maritime companies registrations with the Club.

MISSION

Islamic P&I Club must play a major role in the international marine insurance market to provide OISA member and non-member shipowners and charterers with high quality and cost-effective insurance solutions, while having a close cooperation with the prominent reinsurance companies and major P&I clubs.

STRATEGY

Due to the fact that there is a vast P&I market for Islamic P&I Club, the strategy deployed is always one of development.

OBJECTIVES

Establishment of the Club primary structure in all market areas

Further outsourcing in order to expand the Club’s service types and areas

Compiling necessary conditions to accept membership of OISA member and / or non-member shipowners

Beginning as a fixed premium provider at the first stage of operation until the core business of 1,000,000 GT is registered by the Club

Providing class-1 and legal costs cover, and developing to other classes according to the future action plan of the Club

Providing integrated Hull & P&I covers in order to offer one stop shopping / one stop servicing

Rendering legal supports and developing the know-how and capability of the members in respect of loss prevention & mitigation of loss

Using electronic data interchange facilities

POLICIES

Employing experts from Islamic countries

Decentralizing operation and utilizing Islamic countries comparative advantages in respect of the Club functions

Utilizing moral, and if appropriate, financial supports of OISA, OIC and their affiliated organizations

Contracting with prominent reinsurance companies and establishing strategic alliance with the major P&I clubs in order to develop further

Introducing the Club to the market around the globe, exploiting publications and websites

The Club

  • History
  • OISA
  • The Club’s outlook
  • Management Offices
  • OIC
  • In Memory of The Founder

Services

  • Protection & Indemnity
  • FD&D
  • Charterers’ Liability
  • War Risk
  • Hull & Machinery

ABOUT THE CLUB

IPIC is a venture amongst 57 Islamic countries to provide liability insurance for shipowners worldwide. The idea of establishing such venture was approved by OISA members in the 9th General Assembly in Nov. 1996 held in Tunisia. The club has since been both raising awareness about the need for P&I covers for shipowners, as well as fulfilling this need both within and without the Middle-east.

COPYRIGHT © 2018 ISLAMIC P&I CLUB.

Contact Us

Off. 408, Block B, Al Hudaiba Awards Bldg., Jumeirah Rd.,
Union House Sq., Dubai, UAE
P.O. Box: 181891
Tel: +971 4 385 7004
Fax: +971 4 385 7011

Email: info@ipandi.club
Website: www.ipandi.club

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