Offshore & Specialist Vessels
Cover for specialist vessels and offshore operations, including renewable energy, marine infrastructure and complex project risks.
Overview
Offshore and specialist vessel operations can involve contractual liabilities and operational risks that fall outside standard P&I cover.
Our Offshore & Specialist Vessels cover provides additional protection for owners, charterers and contractors working across offshore energy, marine infrastructure and specialist operations.
Where required, Extended Liability cover can be added to provide protection for specialist contractual and operational risks linked to offshore construction, infrastructure development, renewable energy installation and other project-based activities.
Who and what we cover
Most operational risks are insured under standard P&I rules or fixed premium terms and conditions. However, some offshore and specialist vessel activities fall outside of standard cover, and need additional protection.
Our offshore and specialist operations extensions can provide cover where vessels carry out activities such as:
Offshore oil and gas supply services
Wind farm installation and maintenance
Offshore construction and subsea projects
Heavy lift and project cargo transportation
Subsea cable or pipeline laying
Dredging and construction
Extended towage liabilities
Specialist installation, maintenance and decommissioning work
Key features
Specialist vessel and offshore expertise based in London and Hong Kong
Risk assessment and guidance at the outset
Tailored solutions for project-specific contractual and operational risks
Support for offshore construction, infrastructure development and renewable energy projects
Integrated support throughout the project lifecycle, from contract review through to claims management
Integrated and expert global underwriting, contractual, claims and legal support
Extended Liability cover for specialist offshore activities
What your cover includes
Additional cover is available for owners, operators and charterers undertaking specialist offshore activities, extending standard P&I and fixed premium terms and conditions to reflect the specific risks of each operation.
Cover is tailored to the individual work circumstances, contractual liabilities and project risks involved.
Extended Liability cover is provided alongside standard P&I insurance and is designed to protect against specialist contractual and operational risks that fall outside standard marine cover. It is not available as a standalone product.
Additional cover may include protection for specialist offshore operations such as:
Dredging, blasting, pile-driving, well intervention, cable or pipeline laying, construction, installation or maintenance work, core sampling, mining, depositing of spoil, power generation, decommissioning, and the deployment, operation or recovery of pneumatic barriers
Operation of ROVs
Professional or commercial diving activities
Offshore construction and renewable energy installation projects
Extended towage liabilities
Extended Liability cover may also provide protection for:
Contractual liability regimes and indemnities falling outside standard P&I cover
Liability during mobilisation or delivery of project assets
Non-marine crew liabilities
Construction All Risks (CAR) deductible exposures
Some liabilities remain covered under standard P&I terms, including:
Crew injury or illness
Oil pollution from an insured ship
Wreck removal required by law
Extended Liability cover does not include:
Failure to perform contracted services
Damage to contract works, which is usually covered under a Construction All Risks policy
Each extension is based on the specific project risks, contractual arrangements and operational exposures involved.
Club rules and agreed terms
Cover applies according to our rules and the terms agreed when a ship is insured.
Experts in offshore and specialist vessels
Our underwriting, claims and loss prevention specialists deliver professional guidance backed by practical industry experience across our global network of offices.
Loss and incident handling
When an incident happens, getting early personal support can make all the difference. You can contact us straight away for guidance.
You’ll speak directly to experienced people who understand your business and can help you decide what to do next - without unnecessary delays or handovers.
We’ll work with you to coordinate a real-time response, bringing in expert surveyors, or specialist legal support where needed to protect your interests, help you stay in control at all times and move forward with clarity.
Claims handling
When you make a claim, our claims team will guide you through the entire claims process and support you from start to finish. Our focus is on resolving claims quickly and fairly, so you can focus on your operations.