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Risky business
14 May 2008
Brokers claim that marine construction projects are 'often difficult and challenging – and not the favourites of underwriters'. Felicity Landon investigates why this is the case
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Getting things in order
14 May 2008
It is not just the design of a project that insurers need to get to grips with – it is the order in which the works will be carried out.
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Code certainty
14 May 2008
Introducing a Code of Practice for the ports construction industry could ease the minds of jittery insurers. Felicity Landon explains
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Early involvement
14 May 2008
Ports should get their insurance broker involved at the earliest possible stage of a major project, says specialist Marsh. “Every risk is unique when it comes to ports and we need to go through the project with our clients to get an in-depth understanding of what they are doing and how they are doing it – so we can design the best insurance programme possible,” says the firm's Antonia Simpson.
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Reducing the risks
14 May 2008
There is a host of ways to reduce the risks and provide insurers with a higher level of comfort, says Brian Elliot at Marsh. Ports and their contractors should consider:
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Manslaughter warning
14 Apr 2008
Convictions for corporate manslaughter in the UK construction sector could soar under the new Corporate Manslaughter Act which came into effect on 6 April, warns insurer Aon.
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