Our Mutual Club
We are one committed community, owned and run by our Members. Founded by maritime leaders, for maritime leaders, we share your purpose. Standing together with decision-makers when it matters most. Actively shaping a fairer and more resilient future for the industry. Drawing upon our expertise to influence the changes we want to see happen. Together let’s shape how we navigate our world.
Club Restructure
Members of the Club are currently Members of both UKFD&D and UKDIA. UKDE was established in 2000 following the UK’s exit from the EU and is a fully owned subsidiary of UKFD&D.
As Members will appreciate operational efficiency is key component of any business. The Club’s Board of Directors considers that the current structure should be streamlined to achieve greater operational resilience and cost efficiencies. In order to achieve this, the Board have resolved to establish a new mutual insurance business in Cyprus which will replace the current subsidiary arrangement with UKDE as referred to above. Once this new mutual has been established the intention is that the Membership and assets of UKDIA will be transferred to the new mutual. The effect of this will be to reduce the Club from three entities.
Members should not see any noticeable change in the Club’s operations or cover as a result of this restructure, however, it will result in a more efficient corporate structure. It will also allow for better utilisation of the Club’s European infrastructure.
