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The UK P&I Club position on the U.K. decision to leave the European Union

Following the decision in 2016 of the United Kingdom to leave the European Union (“Brexit”), the UK P&I Club announced its intention to establish a new European subsidiary in the Netherlands, UK P&I Club N.V., (“UKNV”), to ensure that cover could be provided to Club Members with risks located in the European Economic Area (EEA).

The UK P&I Club N.V. is an insurance company having received its insurance license in the Netherlands in March 2019. It is regulated by De Nederlandsche Bank (DNB) and Authoriteit Financiele Markten (AFM). The company is a wholly owned subsidiary of the United Kingdom Mutual Steam Ship Assurance Association (Europe) Limited. The principal activity of the company is the insurance and reinsurance of protection and indemnity risks on behalf of the Members, active in the marine and transport industry.

UK P&I Club N.V. was established in anticipation of the United Kingdom leaving the European Union (Brexit). The company applies a fronting model by which members based in the EEA from the so-called Fronted Clubs receive insurance cover from UK P&I Club N.V. The company will then reinsure this exposure to the Fronted Clubs.

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  • UK P&I Club N.V. - Solvency and Financial Condition Report (860 KB)

    06/08/2020

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Management Board

Hugo Wynn-Williams

Chief Executive Officer - UK P&I N.V.

T: +31 (0) 1075 03405

M: +44 (0) 7768 147308

E: hugo.wynn-williams@thomasmiller.com

Rotterdam

10:58 | Thursday, 21 June

Paul van den Brom

Chief Financial Officer

T: +31 (0) 1075 03401

M: +31 (0) 6382 96442

E: paul.vandenbrom@thomasmiller.com

Rotterdam

10:58 | Thursday, 21 June

Rene Doff

Chief Risk Officer

T: +31 (0) 1075 03402

M: +31 (0) 6382 96439

E: rene.doff@thomasmiller.com

Rotterdam

10:58 | Thursday, 21 June

Supervisory Board

O. Paymans (Chairman)

B. Van der Weide (Chairman of Audit & Risk Committee)

N. Inglessis (Member)

J. Valkier (Member)

P. Wogan (Member)