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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 |
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Research Division: | Engineering |
Research Group: | Maritime engineering |
Research Field: | Ocean engineering |
Objective Division: | Environmental Policy, Climate Change and Natural Hazards |
Objective Group: | Natural hazards |
Objective Field: | Natural hazards not elsewhere classified |
UTAS 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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