Rival protection and indemnity clubs should work more closely to try to forecast and adapt to the next major crisis after several years of geopolitical upheavals hit shipping markets, the head of the Swedish Club told TradeWinds.

Managing director Thomas Nordberg said a series of looming issues, including the impact of rapidly changing geopolitics, the development of artificial intelligence and cyber threats, would benefit from P&I clubs putting aside rivalries to pool resources and expertise.