Marine Equipment Insurance
Comprehensive cover for marine equipment risks
We understand the risks your clients face, and we know how to help
- Vessels but can cover smaller/lower value craft as part of a larger schedule of equipment
- Equipment deployed free in water but can cover depending on the location and value
- Vehicles but can cover at the operational site excluding third party liability absolutely
- Unmanned Surface Vessels (USV’s) but can cover for use within specified parameters
- Equipment owned by private individuals
- Fixed in water installations i.e. rigs
- Jack-up barges
- Telecommunication cables
- In pipe equipment
- Downhole tools
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Frequently asked questions
Marine equipment insurance provides coverage for remotely-operated (ROV) and autonomous underwater (AUV) equipment, owned or operated by specialist contractors such as subsea equipment used by the research and leisure sectors.
ROVs, AUVs (and similar marine equipment) are used to carry out inspection and physical tasks underwater, often at considerable depth, plus the control and other equipment that remain topside. As well as exploration and production, equipment is also used for the commissioning and decommissioning of platforms and other production infrastructure. Other, similar equipment can be insured in the marine equipment market, as well as equipment on platforms or onshore, for example, integrity-testing equipment.
The information provided in this content is intended for Irish insurance brokers acting on behalf of their prospective or existing clients.
Any description is for general information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any product. Policyholders who have questions or wish to arrange or amend cover should contact their insurance broker. Insurance brokers can find details of how to contact us here.
Any descriptions of coverage contained are meant to be general in nature and do not include nor are intended to include all of the actual terms, benefits, and limitations found in an insurance policy. The terms of any specific policy will instead govern that policy. Any guidance for Irish insurance brokers is intended to provide general information only, and should not be used as a substitute for legal advice.