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Best Practice Guide to Wave and Tidal Power Insurance

23 May 2012  
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Best Practice Guide to Waveand Tidal Power Insurance

A paper by JLT Specialty Limited on behalf of RenewableUK’s Marine Strategy Group

In this paper JLT Speciality Limited (JLT) a leading UK headquartered specialist insurance broker and risk management consultant, with expertise in wave and tidal insurance, has looked to outline insurers’ key information requests, the key underwriting considerations impacting insurance premiums, and positive risk differentiators that insurers look for when analysing any wave and tidal device and/or project proposal. This paper also includes helpful risk management tools and best practice guidelines (e.g. loss/claim notification) to assist industry practitioners.

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