Where an accident has occurred or a problem is detected during the construction of a vessel, shipbuilders face reduced cash flow, pressure on profit margins and customer dissatisfaction.
We offer a comprehensive service to help shipbuilders and their insurers ensure that insurance claims are settled speedily and amicably.
Before a casualty
Following a pre-risk survey by our group’s qualified engineers, we can advise on wording of insurance contracts and establish contingency plans.
After a casualty
We will advise on the potential liability of the insurers, analyse the likely problem areas, recommend interim payments and adjust the claim in a clear format according to recognised principles, to ensure prompt settlement.
Our experience enables us to tailor our services to the requirements of an individual yard and the circumstances of a particular claim. We will gain a rapid understanding of a yard’s accounting and operational procedures and liaise closely with a yard’s insurance advisers.
Our job is to ensure that the inevitable disruption to the shipbuilders’ business resulting from a casualty is kept to an absolute minimum. Cash flow will be protected and management time saved.