The University of Southampton
University of Southampton Institutional Repository

Insurance for autonomous underwater vehicles

Insurance for autonomous underwater vehicles
Insurance for autonomous underwater vehicles
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.
autonomous underwater vehicles, risk, insurance
1756-0543
43-48
Griffiths, G.
2887c3c7-95f2-4834-b3f6-0284344d3580
Bose, N.
4c8984f6-8adc-41a4-bbc2-59a795593e08
Ferguson, J.
34464d8d-6953-405a-bcb0-6e3ab19ef153
Blidberg, D.R.
36cbd22a-524d-4660-a202-5fa025c6f41a
Griffiths, G.
2887c3c7-95f2-4834-b3f6-0284344d3580
Bose, N.
4c8984f6-8adc-41a4-bbc2-59a795593e08
Ferguson, J.
34464d8d-6953-405a-bcb0-6e3ab19ef153
Blidberg, D.R.
36cbd22a-524d-4660-a202-5fa025c6f41a

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

Record type: Article

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.

Text
GG_Insurance_UT27-2.pdf - Accepted Manuscript
Download (468kB)

More information

Published date: 2007
Keywords: autonomous underwater vehicles, risk, insurance

Identifiers

Local EPrints ID: 46325
URI: http://eprints.soton.ac.uk/id/eprint/46325
ISSN: 1756-0543
PURE UUID: 4a06b17b-35ea-4817-80c4-8a9f87df6b08

Catalogue record

Date deposited: 14 Jun 2007
Last modified: 15 Mar 2024 09:20

Export record

Contributors

Author: G. Griffiths
Author: N. Bose
Author: J. Ferguson
Author: D.R. Blidberg

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×