Construction All Risks Insurance in Offshore Projects: Policy Architecture, Thresholds, Limits & Marine Warranty Surveyor Involvement
🔍 Offshore projects carry massive risk—from heavy lifts to long-haul tows. Construction All Risks (CAR) insurance isn’t just financial protection; it’s a governance tool.
✅ Why it matters:
Covers fabrication, load-out, transit, installation, and commissioning
Embeds Marine Warranty Surveyor (MWS) approvals as a condition precedent
Makes Management of Change (MoC) critical—unapproved changes can void coverage
💡 Learn how CAR programs align technical readiness with insurance compliance, and why threshold rules and COA gates are essential for FPSO and FLNG success.
👉 Read the full article below