FAIRWATER MARINE

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Copyright © 2014 by Nicklas Holmberg. All rights reserved.

WHAT INSURANCE COVER DO YOU REQUIRE?

WHAT INSURANCE COVER DO YOU REQUIRE?

OFFSHORE/ENERGY

TEAM

HULL & MACHINERY (H&M)

 

The rig itself with machinery and equipment, is insured under the H&M cover. This insurance will also cover liability in respect of collision with other ships and/or fixed and floating objects. Conditions are mostly of all risk type. War & Strike risks are excluded but will be covered by a separate War insurance.

CONTINGENT CONTRACTOR'S EXTRA EXPENSES

 

The owner or charterer may like to protect himself for loss of income if the ship comes off hire due to a Hull and Machinery casualty. The insurance for this risk is the Loss of Hir (LOH). Such an insurance will indemnify the assured upto an agreed daily amount. However the UW:ers will require a qualification time in way of a deductible and to limit their exposure they will also put a cap on the cover in way of maximum number of days per incident and over the year.

OTHER

  • Onshore property, including equipment coverage

  • Offshore property, including rig physical damage and offshore construction

  • Construction coverage for onshore energy projects

  • Business interruption/loss of production income

  • Control of well/operators extra expense costs/re-drill/seepage/pollution

  • Excess liability/umbrella

  • General liability

  • Package options, including:

  • Boiler and machinery

  • Cargo, transit

  • Project Cargo

  • Contractors equipment

  • Extra expense

  • Miscellaneous marine liability

  • Third party liability

 

JAN RISINGER

 

Direct: +46 8 410 19 681

Mobile: +46 73 8000 926

Email: jan.risinger(at)fairwater.se

EIVIND FONDENAER

 

Mobile: +47 91 56 6601

Email: eivind.fondenaer(at)fairwater.se

ERIK ALSAKER

 

Mobile: +47 48 27 8863 

Email: erik.alsaker(at)fairwater.se