1. Keith Broughton

3. Risk Analysis for Subsea Equipment An in-depth look into the types of equipment operating from vessels, especially in support of the Oil & Gas Industry, and which insurance covers, or combination of covers, are deemed most appropriate for physical damage on the equipment. Examples of the type of equipment will include, but not be limited to: * Seismic Streamers * Remotely Operated Vehicles (ROVs) * Autonomous Underwater Vehicles (AUVs) * Diving Equipment The talk will specifically look at the form of the equipment, the function of the equipment, the various perils that the equipment will encounter and how the physical damage insurance relates to the other types of cover required.

4. Keith Broughton

6. The Aim

8. Thus What are we insuring? What are the perils we are insuring against? What other influences must we consider?

10. Descriptions * Seismic Streamer * Remotely Operated Vehicles (ROVs) * Autonomous Underwater Vehicles (AUVs) * Diving Equipment

11. Seismic Streamer Picture courtesy of PGS. All rights reserved.

12. Seismic Streamer Picture courtesy of PGS. All rights reserved.

14. ROVs

18. Plough

20. AUVs

22. Thus What are we insuring?

24. Specifically What are we NOT insuring?

25. Cargo

27. Perils

35. Tether Mgt System

37. Perils

40. Other Factors

42. Conclusion What we are insuring The best Form on which to insure the equipment The correct Liability