Resources
Fact Sheet
Any offshore professional will face day-to-day exposure to risk, but will be able to rely on ITIC to help reduce any potential hazards
The range of services offered by offshore and hydrographic consultants has expanded in recent years; an extended service proposition brings wider exposure to claims.
The service proposition has grown to include, for example, cable route planning for pipelines and transoceanic telecommunications cables, environmental studies and arranging marine permits.
As claims such as the Deepwater Horizon have hit the offshore industry, principals in this sector are now requiring greater liability to be held by the consultant.
Appropriate professional indemnity cover is now virtually a mission critical requirement.
Any offshore professional will face day-to-day exposure to risk, but will be able to rely on ITIC to help reduce any potential hazards