Professional Documents
Culture Documents
IACS
Presentation by
Richard Leslie
Permanent Secretary
Class / Insurance
A vital relationship
IACS Mission
Shipowners
Shipyards Charterers
Financial Ports
Institutions
Insurers
Coastal States
Classification Flag
Societies Administrations
Regulatory Industry
Expectation Expectation
Safe
Environmentally Robust and Reliable
friendly
Fit for purpose
Easy for inspection
and maintenance User friendly
Goal-Based Standards
Common Rules
Goal-Based Regulatory Framework
REGULATION
Goals
Functional
requirements &
acceptance criteria
Classification
requirements
SELF-
REGULATION Industry standards, safety
management systems and best
practices
Insurers Mission
• Joint Interest
• Assess risk accurately
– Class to “improve” safety (lower risk)
– Insurance to rate risk accurately
Class / Insurance
• Joint interest
• To share knowledge on incidents / claims
Insurers