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
The Club is made up of three constituent parts: UKFDD (the London entity), UKDE (a subsidiary of UKFDD established following the UKs exit for the Euorpean Union) and UKDIA (a quota share reinsurer based in the IOM). All Members are a Member of UKFDD and UKDIA.
In order to achieve operational efficiencies, the intention is to transfer activities from UKDIA to a new mutual, UK Defence Club Insurance Limited (“UKDIL”), based in Cyprus. Once this transfer takes place, membership will move from UKDIA to UKDIL. The aim is that this will be effective on 20th August 2026, subject to Member and regulatory approvals. Following this, the risks of UKDE will be folded into UKDIL, reducing the Club’s overall structure from three entities to two. Members will see no change to the running of the Club as a result of this restructure. This change has been highlighted in previous circulars. EGM papers have recently been circulated by UKFDD and, in due course, will be issued by UKDIA.
If any Member or broker has any queries in relation to this change please contact your usual Club contacts.
