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UK P&I Club forms safety and risk management division
UK P&I Club has launched a new safety and risk management division to provide members with resources and guidance to reduce maritime accidents and protect the marine environment
The London-headquartered organisation said this division will cover five key areas: fleet quality, loss prevention, the environment, crew wellbeing and industry collaboration and “reflects the club’s perspective that identifying risks and proactively mitigating future losses requires a more holistic approach to anticipating and addressing the evolving risks owners and operators face.”
Challenges are increasing, due to the use of alternative fuels, digital and operational technologies, changing crew requirements and geo-political uncertainties.
Stuart Edmonston has been appointed director of this division following his 10 years of experience with loss prevention.
“My new role demonstrates we are serious, structured and systematic about how we monitor quality, understand safety and deliver an exceptional loss prevention service to our members,” he said.
“This division provides a complementary reinforcement of these services, that more fully responds to the broad spectrum of issues our members face.”
The risk management division will support shipowners to identify safety risks, alongside tighter monitoring and safety performance reporting.
UK P&I said people will be at the heart of this holistic approach, and it will create a robust framework of support for seafarers as they adapt to current and future challenges.
“As the shipping industry navigates an era of profound change, it is critical we position our services in the right way to help our members manage and protect themselves from current and emerging risks,” said UK P&I Club chief underwriting officer William Beveridge.
“Internally, our safety and risk management, claims and underwriting teams will be working even more closely together to understand and adapt our cover to new challenges,” he said.
“We will deliver a more comprehensive suite of tools which will support our members to take practical actions to improve fleet quality and operational safety. We will be evolving the products and support in the months and years to come.”
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