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Insurance for autonomous underwater vehicles

Citation

Griffiths, Gwyn and Bose, N and Ferguson, James and Blidberg, Dick, Insurance for autonomous underwater vehicles, Underwater Technology, 27, (2) pp. 43-48. ISSN 1756-0543 (2007) [Refereed Article]


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Copyright Statement

Copyright 2007 Society for Underwater Technology

DOI: doi:10.3723/175605407782724870

Abstract

The background and practice of insurance for autonomous underwater vehicles (AUVs) are examined. Key topics include: relationships between clients, brokers and underwriters; contract wording to provide appropriate coverage; and actions to take when an incident occurs. Factors that affect cost of insurance are discussed, including level of autonomy, team experience and operating environment. Four case studies from industry and academia illustrate how AUV insurance has worked in practice. The paper concludes by stressing the importance of effective dialogue between client, broker and underwriter to review, assess and reduce risk to the benefit of all parties.

Item Details

Item Type:Refereed Article
Research Division:Engineering
Research Group:Maritime Engineering
Research Field:Ocean Engineering
Objective Division:Environment
Objective Group:Natural Hazards
Objective Field:Natural Hazards in Marine Environments
Author:Bose, N (Professor Neil Bose)
ID Code:51965
Year Published:2007
Deposited By:NC Maritime Engineering and Hydrodynamics
Deposited On:2007-08-01
Last Modified:2012-05-01
Downloads:0

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