Marine Infrastructure And Offshore Projects

Offshore Construction Insurance

Specialist broker support for contractors and developers working on offshore structures, wind projects, subsea installations and related marine infrastructure.

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Overview Key Sections Related Pages FAQs

Working with insurer markets

Market access and cover availability depend on trade, disclosure, claims history, underwriting appetite and policy terms.

  • Allianz insurance logo
  • Zurich insurance logo
  • CHUBB
  • QBE insurance logo
  • RSA insurance logo
  • AXA
Cover shaped around the project and location

Insurance For Complex Work Offshore

Offshore construction can combine high-value works, specialist vessels, marine plant, people, environmental responsibilities and weather exposure. A clear risk presentation helps insurers understand what is being built, where the work takes place and who carries each contractual responsibility.

Project Works

Declared permanent and temporary works, materials and project values.

Marine Plant

Specialist plant, lifting gear, vessels, diving equipment and subsea systems.

Liability

Workforce, third-party, pollution and contractual exposures considered together.

Delay Exposure

Weather windows, logistics and insured interruption assessed against the wording.

Core cover

Cover An Offshore Construction Project May Need

The relevant sections depend on the project, contracts, territories, plant, workforce and responsibilities. Cover remains subject to disclosure, underwriting and policy wording.

01

Construction All Risks

For declared contract works, materials and temporary works against selected insured events.

02

Marine Plant And Equipment

For declared cranes, vessels, lifting systems, ROVs, diving gear and other specialist assets.

03

Public And Products Liability

For covered third-party injury, property damage and product-related claims.

04

Employers’ Liability

Normally required where a business employs staff, subject to the applicable legal exemptions.

05

Professional Indemnity

For covered allegations arising from design, engineering, surveying or professional advice.

06

Delay And Interruption

Options for insured disruption and additional costs where the selected wording responds.

Working across multiple offshore phases?Describe the works, locations, plant, vessels and contractual responsibilities so the risk can be presented accurately.
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Who it is for

Offshore Contractors And Project Owners

Insurers assess the work actually undertaken and the contract structure, not only the project label.

  • Offshore wind construction contractors
  • Subsea cable and pipeline installers
  • Platform and marine infrastructure contractors
  • Diving, ROV and subsea support businesses
  • Marine civil engineering contractors
  • Offshore project developers and principal contractors
What affects the quote

Information Insurers Usually Need

  • Project: scope, methods, programme and maximum contract value
  • Location: waters, depths, distances offshore and territories
  • Contracts: parties, responsibilities, warranties and indemnities
  • Plant: vessels, lifting gear, ROVs, diving systems and values
  • Controls: surveys, weather criteria, emergency and environmental plans
  • History: project experience, claims and material incidents
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Have The Project And Marine Facts Ready

Bring the project scope, contract values, territorial limits, plant and vessel schedules, workforce details, risk controls and claims history.

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Common questions

Offshore Construction Insurance FAQs

What is offshore construction insurance?

It is a tailored insurance arrangement for offshore works and the businesses responsible for them. Depending on the project, it can combine construction, marine plant, liability, professional and interruption sections.

Which offshore projects can be considered?

Offshore wind, platform, subsea cable, pipeline, marine infrastructure and related installation or maintenance projects may be considered. Eligibility depends on the scope, location, contract and insurer appetite.

Can vessels, ROVs and diving equipment be covered?

Declared vessels, remotely operated vehicles, diving equipment, cranes and specialist plant may be considered. Ownership, hire arrangements, values, use and operating areas need to be disclosed.

Can weather delay be insured?

Some placements can consider defined delay or interruption exposures, but ordinary weather disruption is not automatically insured. The trigger, waiting period, limits and exclusions depend on the wording.

What affects the cost of offshore construction insurance?

Pricing can be affected by project value, methods, location, water depth, duration, contracts, workforce, plant and vessel values, limits, deductibles, controls and claims history.

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Tell us what is being built, where the project takes place and which contracts, vessels and equipment need protecting.

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