Commercial Integrity
The West of England is a leading insurance provider to the global maritime industry.
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Standard covers
The Club’s core range of insurance products provide comprehensive cover for shipowners and charterers engaged in every sector of the shipping industry.
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Extended covers
The Club helps meet its Members’ operational requirements by offering a wide range of extended covers, which are designed to complement normal cover and can be tailored to meet an individual Member’s needs.
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Other facilities
The Club maintains a number of standing arrangements to assist Members in various areas of their operations.
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OFAC recently issued an “Advisory to the Maritime Petroleum Shipping Community” reiterating in the strongest terms the sanctions risks for shipowners, marine insurers and bunker suppliers related to the carriage of petroleum and associated products from Iran.
Notices to Members
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Notices to Members 24 Sep, 2019No. 9 2019/2020 - US Sanctions on the Government of Venezuela & Petroleos de Venezuela, S.A. (PdVSA)
The US administration increased its sanctions programme against the Government of Venezuela, with Executive Order 13884 which blocks all property in the US of the Government of Venezuela, and prohibits US persons from engaging in any transaction with the Government of Venezuela.
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Notices to Members 03 Sep, 2019No. 8 2019/2020 - Guidance on the United States Sanctions Compliance Programmes published by OFAC
On 3rd May, 2019, OFAC published a framework which sets out its views of the essential elements of an effective economic sanctions compliance programme.
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Notices to Members 08 Aug, 2019No. 7 2019/2020 - Change to the Mutual Call Structure
From 20th February 2020 the Club’s calling mechanism will be brought into line with the rest of the International Group by merging the reinsurance rate into the mutual call.
Hot topics
The Club's principal source of information about sanctions and provides links to documents and contact details at the Managers' offices for guidance in respect of Club cover and sanctions. More here
The shipping industry faces a major challenge in complying with the global 0.5% sulphur cap for bunker fuel under MARPOL Annex VI as from 1 January 2020. This webpage provides resources from the Club and elsewhere to help guide Members in meeting those obligations.
Useful Resources
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Annual Review 2019 PDF (1.6 MB)
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Rules 2019 PDF (2.9 MB)
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Fixed PDF (691.5 KB)