Page 32: of Marine News Magazine (May 2018)

31 33

COLUMN INSURANCE

Staying A? oat with

Strong Workboat Insurance

When it comes to insuring your assets, changing markets and risk variables de- mand better understanding of the underwriting process, as well as a long-term, stable relationship with an insurer who – like you – is in for the long run.

By Brendan Neligan, Regional Vice President of Ocean & Inland Marine, at XL Catlin

US Inventor Thomas Edison once I D NHERENTLY ANGEROUS said: “There is no substitute for hard As in any industry, accidents happen. Most will admit work.” Nobody knows this better than workboats are inherently dangerous places to work. From the men and women who operate di- pulling a large barge to handling powerful equipment on verse and industrious workboat