Cyber Risks and P&I Insurance
The maritime industry's reliance on computers and its increasing interconnectivity within the sector makes it highly vulnerable to cyber incidents. Cyber poses a threat to all parts of the shipping sector; Cyber risks can be defined as the risk of loss or damage or disruption from failure of electronic systems and technological networks. How can cyber risks occur in the shipping industry and what is covered under the P&I Rules. To help Members, the Club has compiled a Q&A on Cyber Risks and P&I Cover.
Download the attached pdf for the Q&A in full.
31654 - Cyber_Risks_and_PandI_Insurance 7 MB
You may also be interested in:
The Electronic Trade Documents Bill
We are living in a digital age where information can be transmitted instantaneously and yet progress towards a fully digitalised international trade remains slow
Press Release: Strong growth for the UK P&I Club and increased financial strength despite difficult investment markets
The UK P&I Club continues to grow its premium base, through its diversification agenda, while increasing its regulatory capital adequacy ratio to 200%.
Circular 07/23: Open Policy Years
This circular informs Members of the review of open policy years.
Press Release: UK P&I Club celebrates successful relaunch of Carefully to Carry: Consolidated Edition 2023
The UK P&I Club hosted a book launch of 'Carefully to Carry: Consolidated Edition 2023' at the Yacht Club of Greece on 27 April celebrating the availability of the new guidance.