A Member is covered in respect of liabilities, losses, costs and expenses incurred by him, arising in direct connection with the operation of the vessel, which will be deemed to include activity at one or more supply bases, provided that such activity is in direct connection with the operation of the vessel. It may be agreed that the entered vessel shall include other items and equipment such as moorings, risers, flowlines, etc. used as an integral part of the vessel’s operation.

Vessels and units engaged in offshore operations need insurance to cover liabilities arising from the specialist nature of their activities, as well as contractual liabilities falling outside standard P&I cover. We have an unprecedented wealth of experience in this sector.

Important exclusions are pollution from well and damage to property caused by blowout. Loss of hole, well and reservoir. And removal of debris deposited on the seabed.