THE AMERICAN CLUB CELEBRATES ITS CENTENARY
International P&I insurer publishes book to mark this milestone and its
place in the global maritime industry
NEW YORK, JANUARY 3, 2017:
The American P&I Club was founded in New York nearly a century ago. To celebrate its first 100 years, a
book entitled The American Club: A Centennial History has just been published.
The book tells the story of the Club across ten decades of maritime and marine insurance history both
within the United States and across the world. Its author is Richard Blodgett, a former Wall Street
Journal reporter whose previous credits include histories of the New York Stock Exchange, Kohler and
Co. and JP Morgan Chase & Co.
The Club’s Chairman, Arnold Witte of Donjon Marine Co., Inc., commented:
“P&I clubs are one of the least known, yet significant, niches of the maritime world. The American Club:
A Centennial History reveals the rich traditions of the clubs through the spyglass of the only P&I club in
the Americas. I am delighted that we have been able to record for posterity the challenges the American
Club has faced over the years, and we are very proud of all the achievements and benefits it has brought
those who work in the global shipping industry and to marine insurance in general.”
The American Club was founded in February, 1917. War was raging in Europe when the Club began. At
that time, P&I insurance was available primarily from clubs in the United Kingdom and Scandinavia. In
consequence of UK government trade-related sanctions which had been imposed on certain US
shipowners in 1916, the American Club was established to provide a reliable source of coverage in the
The Club was the brainchild of W. H. LaBoyteaux, President of Johnson & Higgins, the leading US marine
insurance broker in the United States at that time. The Club was an immediate success, enjoying the
support of many of the foremost US steamship companies.
The size of the American merchant marine fluctuated in the 1920s and 1930s. It grew during World War
II, but entered a prolonged period of decline thereafter. In the decades from 1950 onward, the
worldwide merchant fleet grew steadily. But nearly all that growth was taking place outside the United
Although the Club only admitted its first foreign-flagged member in 1980, it had ambitions of further
international growth over the years which followed. These ambitions gained momentum in 1995 when
the Club implemented a major strategy for growth and diversification. Entitled Vision 2000, it called for
new leadership, the expansion of the Club’s membership internationally, the establishment of overseas
offices, the development of new insurance lines and many other initiatives designed to place the Club at
the forefront of its industry peers.
In 1998 the American Club became a full member of the International Group of P&I Clubs. This alliance
of leading insurers provides outstanding security and technical resources to the maritime community. It
also supports the industry's broader interests as one of shipping's most influential voices.
Joe Hughes, Chairman and CEO of the American Club’s managers, Shipowners Claims Bureau, Inc., also
“Today the American Club is thoroughly international in scope, offers a broad range of marine insurance
products and is larger and more successful than ever. At present, members domiciled outside North
America account for some 85 percent of the Club’s insured tonnage. What was founded in 1917 as an
American Club serving the American steamship industry has successfully recast itself as an American
Club serving the global maritime community, building on the enduring values of its long traditions.”