Shipowners' Clubs are mutual insurance organizations that provide protection and indemnity (P&I) insurance to shipowners and operators. These clubs help cover liabilities arising from maritime activities, such as damage to cargo, environmental pollution, and crew injuries. Members pay annual contributions, which are pooled to cover claims and expenses. The clubs operate on a non-profit basis, meaning any surplus funds are returned to members or used to reduce future contributions. They also offer legal support and risk management services, helping members navigate complex maritime regulations and improve safety practices in the shipping industry.