Offshore & Renewables

Members benefit from our wealth of specialist expertise in covering P&I risks in the offshore oil, gas and alternative energy industries, where we are a leading liability insurer.

We provide two main types of offshore P&I cover:

• Offshore extension: additional liability cover complementing our underlying  mutual P&I cover for those members operating vessels in the offshore sector.
• Standard Offshore Rules: standalone fixed-premium liability cover for Mobile Offshore Units (MOUs) such as  drilling and production units not eligible to join the P&I Class under the terms of the International Group Pooling Agreement

We have a dedicated division dealing with our offshore members that are involved in all sectors across the offshore and renewables industries. We refine the cover we provide to fit the members individual requirements, supporting them through our underwriting, claims and loss prevention functions.

We review members contracts to assess their liabilities and advise on the implications these have for P&I cover. We will highlight any contractual liabilities that may expose members to uninsured risks, and then offer tailored extensions of cover to provide peace of mind.