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:
A code of practice for "wet works" would ensure that everyone is complying with industry best practice, thus creating a level playing field and more certainty for insurers, says Tom Wylie at Aon. ● Use of tried and tested methods of construction;
● Setting up a link to the local meteorological office for daily weather reports and early warnings of storm or severe weather;
● Drawing up clear contingency plans for withdrawing and sheltering floating plant and securing works - before the storm hits, if possible;
● Scheduling work to minimise exposure during the storm season, and keeping unprotected construction works to a minimum;
● Ensuring a clear marine and non-marine interface;
● Making sure insurers are happy with the project manager;
● Being able to demonstrate the experience, technical knowledge and ability to work together of the team in respect of design, procurement and construction - at individual, team and corporate level.
