On a quest to make insurance cover easier to understand, marine insurance provider Shipowners' P&I Club has recently published a clear outline of its Specialist Offshore Packages, along with guidelines for owners and operators entitled "Know Your Cover".
With OSVs becoming larger and more sophisticated over the last three decades, the mutual is "committed to making our policies accessible and intelligible," said Commercial Director, Simon Swallow.
To that end, the club has issued a series of publications to assist the clarification process, as well as structuring its liability packages for OSVs with clarity in mind.
The various publications can be accessed via Shipowners' website.