Insurance for autonomous underwater vehicles


Griffiths, G., Bose, N., Ferguson, J. and Blidberg, D.R. (2007) Insurance for autonomous underwater vehicles. Underwater Technology, 27, (2), 43-48.

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Description/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 Type: Article
ISSNs: 1756-0543 (print)
Keywords: autonomous underwater vehicles, risk, insurance
Subjects: V Naval Science > VM Naval architecture. Shipbuilding. Marine engineering
H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
G Geography. Anthropology. Recreation > GC Oceanography
Divisions: University Structure - Pre August 2011 > School of Engineering Sciences
University Structure - Pre August 2011 > National Oceanography Centre (NERC)
ePrint ID: 46325
Date Deposited: 14 Jun 2007
Last Modified: 27 Mar 2014 18:30
URI: http://eprints.soton.ac.uk/id/eprint/46325

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